Low Income Apartments and Affordable Housing For Rent in Palouse, WA

Discover affordable housing in Palouse 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.

Palouse Cove

721 Palouse Cove Rd, Palouse, Washington 99161

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Palouse, Washington
$22.18/hour
$5.90 (+36%) more than Washington minimum wage and $14.93 (+206%) more than the Federal minimum wage.
Learn More About Palouse, Washington Affordable Housing ↓

What HUD offices serve Palouse, Washington?

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, Moving to Work programs for Palouse, Washington.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Palouse, Washington.

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

How many renters live in Palouse, Washington?

The City of Palouse has 997 people living in 407 households.

There are 84 renters living in 49 renter households in this City. Renters make up 8.43 percent of the population living in Palouse.

What is the rental market like in Palouse, Washington?

There are an estimated 471 housing units in the Palouse area. Of these, 51 units are rental homes, making up 11 percent of the housing market. For every renter household in Palouse, Washington, there are 1 rental units.

What is the vacancy rate for rentals in Palouse?

The rental vacancy rate in Palouse is 4 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 Palouse for each bedroom size?

Occupied Rental Units by Size in Palouse
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 13 12 13 7
Occupied Rental Units by Size in Palouse

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

Among renter households in this market, 33 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 Palouse

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $794 to $1,987. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $794
One BR $891
Two BR $1,171
Three BR $1,650
Four BR $1,987
2024 Fair Market Rents in Palouse, Washington

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

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 4 100 percent
One BR 13 100 percent
Two BR 6 50 percent
Rental Units Below FMR in Palouse, Washington

How many affordable rental units are in Palouse?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 1
Tracked Units by Federal Program in Palouse, Washington

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

Income Based Apartments in Palouse, Washington

Palouse features 11 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 Palouse, Washington

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

Housing Choice Vouchers in Palouse, Washington

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Palouse, Washington for a two-bedroom apartment is between $1,054 and $1,288.

Sourced from federal housing data and AffordableHousingOnline.com research.