How many renters live in Othello, Washington?
The City of Othello has 8,582 people living in 2,554 households.
There are 3,771 renters living in 1,227 renter households in this City. Renters make up 43.94 percent of the population living in Othello.
What is the rental market like in Othello, Washington?
There are an estimated 2,594 housing units in the Othello area. Of these, 1,233 units are rental homes, making up 48 percent of the housing market. For every renter household in Othello, Washington, there are 1 rental units.
What is the vacancy rate for rentals in Othello?
The rental vacancy rate in Othello 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 Othello for each bedroom size?
Occupied Rental Units by Size in Othello
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 29 | 245 | 490 | 394 | 69 |
Occupied Rental Units by Size in Othello
A large number of apartments in Othello 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 Othello are overburdened by housing costs?
Among renter households in this market, 52 percent have housing cost burden. Further, 22 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 Othello
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,052 to $2,361. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,052 |
| One BR | $1,206 |
| Two BR | $1,485 |
| Three BR | $1,960 |
| Four BR | $2,361 |
2024 Fair Market Rents in Othello, Washington
How many units are rented at Fair Market Rent (FMR) in Othello?
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 | 208 | 85 percent |
| Two BR | 303 | 62 percent |
Rental Units Below FMR in Othello, Washington
How many affordable rental units are in Othello?
There are a variety of federal affordable housing programs serving households in Othello, Washington including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 237 |
| Public Housing | 55 |
| Section 8 Project-Based Rental Assistance | 53 |
| USDA Section 515 Rural Rental Housing | 138 |
| USDA Section 514 Farm Labor Housing | 36 |
Tracked Units by Federal Program in Othello, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Othello, Washington
Othello features 215 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 Othello, Washington
There are 184 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Othello.
Housing Choice Vouchers in Othello, Washington
On average, Section 8 Housing Choice vouchers pay Othello landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Othello.
The maximum amount a voucher would pay on behalf of a low-income tenant in Othello, Washington for a two-bedroom apartment is between $1,001 and $1,223.
Sourced from federal housing data and AffordableHousingOnline.com research.
