Gleneagles Apartments

1846 Harrison Street North
Twin Falls, Idaho
Assisted
LIHTC
$327-694
1 BR

Cherrywood Apartments

2026 Elizabeth Blvd
Twin Falls, Idaho
Subsidized
Assisted
PBRA
LIHTC
Call For Rent
1-3 BR

Field Stream

1425 Field Stream Way
Twin Falls, Idaho
Assisted
HOME
LIHTC
Call For Rent
Studio-3 BR

Carriage Lane Apartments

2510 Whispering Pine Drive
Twin Falls, Idaho
Assisted
HOME
LIHTC
Income Based
2-3 BR

Twin Falls Garden Apartments

340 Lois St
Twin Falls, Idaho
Assisted
LIHTC
HOME
Call For Rent
2-4 BR
Showing Results 1-5

There are 893 low-income apartments in Twin Falls County that offer reduced rents to eligible households. Low-income rents in Twin Falls County, Idaho can range from $339 to $339 depending on the number of bedrooms.

Rental assistance programs support 430 low-income homes in Twin Falls County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $318 towards rent each month.

Affordable rent data for some communities last confirmed on February 16th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Twin Falls County, Idaho Affordable Housing Data

Income Based Apartments in Twin Falls County, Idaho

Twin Falls County features 430 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Twin Falls County, Idaho

There are 893 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Twin Falls County.

Housing Choice Vouchers in Twin Falls County, Idaho

On average, Section 8 Housing Choice vouchers pay Twin Falls County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Twin Falls County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Twin Falls County, Idaho for a two-bedroom apartment is between $903 and $1,103.

2023 Twin Falls County, Idaho Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Twin Falls County, Idaho Fair Market Rent $671 $762 $1,003 $1,401 $1,659
Twin Falls County, Idaho Payment Standard Range $604 to $738 $686 to $838 $903 to $1,103 $1,261 to $1,541 $1,493 to $1,825

Sourced from federal housing data and AffordableHousingOnline.com research.

Twin Falls County, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 1,347
Total Housing Units with Rental Assistance 430
Percentage of Housing Units Occupied By Renters 33.81%
Average Renter Household Size 2.69
Average Household Size 2.71
Median Household Income $44,048 ±$2,081
Median Rent $704 ±$21
Percentage Of Renters Overburdened 41.45% ± 4.61pp
Total Population 80,004

Population and Household Demographics

Twin Falls County is a county in Idaho with a population of 80,004. There are 29,017 households in the county with an average household size of 2.71 persons. 33.81% of households in Twin Falls County are renters.

Income and Rent Overburden in Twin Falls County

The median gross income for households in Twin Falls County is $44,048 a year, or $3,671 a month. The median rent for the county is $704 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Twin Falls County, a household making less than $2,347 a month would be considered overburdened when renting an apartment at or above the median rent. 41.45% of households who rent are overburdened in Twin Falls County.

Area Median Income In Twin Falls County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Twin Falls County, HUD calculates the Area Median Income for a family of four as $76,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Twin Falls County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Twin Falls County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Twin Falls County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Twin Falls County AMI may qualify for rental assistance programs that target Very Low Income households.
$27,000 $30,850 $34,700 $38,550 $41,650 $44,750 $47,850 $50,900
80% AMI Income Limits
Renters earning up to 80% of the Twin Falls County AMI may qualify for rental assistance programs that target Low Income households.
$43,150 $49,300 $55,450 $61,600 $66,550 $71,500 $76,400 $81,350