Low Income Apartments and Affordable Housing For Rent in Victor, ID

Discover affordable housing in Victor where there are 1+ 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.

Teton View Village

519 Mountain Laurel Dr, Victor, Idaho 83455

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Victor, Idaho

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Victor, Idaho
$16.59 (+229%) more than Idaho minimum wage and $16.59 (+229%) more than the Federal minimum wage.
Learn More About Victor, Idaho Affordable Housing ↓

How many renters live in Victor, Idaho?

The City of Victor has people living in households.

There are renters living in renter households in this City. Renters make up 36.61 percent of the population living in Victor.

What is the rental market like in Victor, Idaho?

There are an estimated housing units in the Victor area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Victor, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Victor?

The rental vacancy rate in Victor is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Victor for each bedroom size?

Occupied Rental Units by Size in Victor
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 19 150 119 2
Occupied Rental Units by Size in Victor

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

How Much Is Rent in Victor

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,038 to $2,137. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,038
One BR $1,044
Two BR $1,259
Three BR $1,774
Four BR $2,137
2024 Fair Market Rents in Victor, Idaho

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

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 12 63 percent
Two BR 89 59 percent
Rental Units Below FMR in Victor, Idaho

How many affordable rental units are in Victor?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Victor, Idaho

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

Income Based Apartments in Victor, Idaho

Victor features 0 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 Victor, Idaho

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Victor.

Housing Choice Vouchers in Victor, Idaho

On average, Section 8 Housing Choice vouchers pay Victor landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Victor.

The maximum amount a voucher would pay on behalf of a low-income tenant in Victor, Idaho for a two-bedroom apartment is between $1,133 and $1,385.

Sourced from federal housing data and AffordableHousingOnline.com research.