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Affordable Housing In Riverside
Box Elder County, Utah

Housing Authorities that serve Riverside

Housing Authority Programs
Bear River Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Riverside, Utah

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Riverside, Utah.

Income Based Apartments in Riverside, Utah

Riverside 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 Riverside, Utah

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Riverside.

Housing Choice Vouchers in Riverside, Utah

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Riverside, Utah for a two-bedroom apartment is between $710 and $868.

2021 Riverside, Utah 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
Riverside, Utah Fair Market Rent $561 $599 $789 $1,072 $1,254
Riverside, Utah Payment Standard Range $505 to $617 $539 to $659 $710 to $868 $965 to $1,179 $1,129 to $1,379

Sourced from federal housing data and AffordableHousingOnline.com research.

Riverside, UT Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 41.67%
Average Renter Household Size 3.18
Average Household Size 3.45
Median Household Income $62,772 ±$8,341
Median Rent $558 ±$44
Percentage Of Renters Overburdened 0% ± 22pp
Total Population 829

Population and Household Demographics

Riverside is a city in Box Elder County, Utah with a population of 829. There are 240 households in the city with an average household size of 3.45 persons. 41.67% of households in Riverside are renters.

Income and Rent Overburden in Riverside

The median gross income for households in Riverside is $62,772 a year, or $5,231 a month. The median rent for the city is $558 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Riverside, a household making less than $1,860 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Riverside.

Area Median Income In Riverside

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Riverside, the AMI is calculated from all households within Box Elder County.

In Riverside, HUD calculates the Area Median Income for a family of four as $69,500

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 Riverside

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 Riverside

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 Riverside AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $17,800 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Riverside AMI may qualify for rental assistance programs that target Very Low Income households.
$25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
80% AMI Income Limits
Renters earning up to 80% of the Riverside AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,450 $53,400 $59,300 $64,050 $68,800 $73,550 $78,300