Low Income Apartments and Affordable Housing For Rent in Valley County, ID

Discover affordable housing in Valley County where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Northwest Passage Apartments

155 Everett Ln, Donnelly, Idaho 83615

The Springs Apartments

325 Valley Springs Rd, Mccall, Idaho 83638

Claremont

410 Old State Highway , Cascade, Idaho 83611

Roseberry Court

700 S Samson Trl, Mccall, Idaho 83638

Cascade Senior Housing

13 E Spring St, Cascade, Idaho 83611

Valley One Apartments

210 Colorado St, Mccall, Idaho 83638

Mccall Senior Housing

430 Floyde St, Mccall, Idaho 83638

Osprey Court II

Unnamed Rd, Mccall, Idaho 83638

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Valley County, Idaho
$20.28/hour
$13.03 (+180%) more than Idaho minimum wage and $13.03 (+180%) more than the Federal minimum wage.
Learn More About Valley County, Idaho Affordable Housing ↓

What HUD offices serve Valley County, Idaho?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Valley County, Idaho.

Go to the Idaho Public Housing and Low-Income Apartments Waiting Lists page for openings near Valley County.

How many renters live in Valley County, Idaho?

The County of Valley County has 11,830 people living in 3,806 households.

There are 2,174 renters living in 581 renter households in this County. Renters make up 18.38 percent of the population living in Valley County.

What is the rental market like in Valley County, Idaho?

There are an estimated 12,359 housing units in the Valley County area. Of these, 647 units are rental homes, making up 5 percent of the housing market. For every renter household in Valley County, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Valley County?

The rental vacancy rate in Valley County is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Valley County for each bedroom size?

Occupied Rental Units by Size in Valley County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 101 201 235 33
Occupied Rental Units by Size in Valley County

A large number of apartments in Valley County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Valley County are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 15 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Valley County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $786 to $1,805. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $786
One BR $954
Two BR $1,071
Three BR $1,473
Four BR $1,805
2024 Fair Market Rents in Valley County, Idaho

How many units are rented at Fair Market Rent (FMR) in Valley County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 0 100 percent
One BR 75 74 percent
Two BR 124 62 percent
Rental Units Below FMR in Valley County, Idaho

How many affordable rental units are in Valley County?

There are a variety of federal affordable housing programs serving households in Valley County, Idaho including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 107
USDA Section 515 Rural Rental Housing 74
Tracked Units by Federal Program in Valley County, Idaho

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Valley County, Idaho

Valley County features 74 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 Valley County, Idaho

There are 91 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Valley County.

Housing Choice Vouchers in Valley County, Idaho

On average, Section 8 Housing Choice vouchers pay Valley County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Valley County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Valley County, Idaho for a two-bedroom apartment is between $964 and $1,178.

Sourced from federal housing data and AffordableHousingOnline.com research.