Low Income Apartments and Affordable Housing For Rent in Payson, UT

Discover affordable housing in Payson where there are 3+ 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.

Grand Vista Apartments

620 E 100 N, Payson, Utah 84651

Mountain View East Apartments

273 N 1000 E, Payson, Utah 84651

Mountain View East

252 N 900 E, Payson, Utah 84651

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 Payson, Utah
$23.73/hour
$16.48 (+227%) more than Utah minimum wage and $16.48 (+227%) more than the Federal minimum wage.
Learn More About Payson, Utah Affordable Housing ↓

What HUD offices serve Payson, Utah?

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 programs for Payson, Utah.

Go to the Utah Public Housing and Low-Income Apartments Waiting Lists page for openings near Payson.

How many renters live in Payson, Utah?

The City of Payson has 21,529 people living in 6,150 households.

There are 3,098 renters living in 1,151 renter households in this City. Renters make up 14.39 percent of the population living in Payson.

What is the rental market like in Payson, Utah?

There are an estimated 6,454 housing units in the Payson area. Of these, 1,179 units are rental homes, making up 18 percent of the housing market. For every renter household in Payson, Utah, there are 1 rental units.

What is the vacancy rate for rentals in Payson?

The rental vacancy rate in Payson 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 Payson for each bedroom size?

Occupied Rental Units by Size in Payson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 108 485 447 41
Occupied Rental Units by Size in Payson

A large number of apartments in Payson 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 Payson are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 18 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 Payson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,086 to $2,126. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,086
One BR $1,093
Two BR $1,253
Three BR $1,766
Four BR $2,126
2024 Fair Market Rents in Payson, Utah

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

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 40 100 percent
One BR 83 77 percent
Two BR 289 60 percent
Rental Units Below FMR in Payson, Utah

How many affordable rental units are in Payson?

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

Federal Program Unit Count
Low Income Housing Tax Credit 102
Tracked Units by Federal Program in Payson, Utah

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

Income Based Apartments in Payson, Utah

Payson features 47 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 Payson, Utah

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

Housing Choice Vouchers in Payson, Utah

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Payson, Utah for a two-bedroom apartment is between $1,128 and $1,378.

Sourced from federal housing data and AffordableHousingOnline.com research.