Low Income Apartments and Affordable Housing For Rent in Cody, WY

Discover affordable housing in Cody where there are 9+ 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.

Cedar Mountain Apartments

2289 Pioneer Ave, Cody, Wyoming 82414

bed 2-3

Grandview Apartments

2012 Pioneer Ave, Cody, Wyoming 82414

Crystal Cove II

1605 Big Horn Ave , Cody, Wyoming 82414

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Crystal Cove I

1619 Big Horn Ave , Cody, Wyoming 82414

switch_access_shortcut Short Wait
payment Subsidized
elderly Senior
accessibility Accessible

Shoshone Court

2111 Pioneer Ave, Cody, Wyoming 82414

Cedar Bluff Apartments

2732 Cougar Avenue, Cody, Wyoming 82414

bed 1-3
payment $588-825/mo.

Willow Creek Apartment

2730 Cougar Ave, Cody, Wyoming 82414

bed 1-2

Mountainview Manor

1001 11th St, Cody, Wyoming 82414

Shamrock Apts

1149 29th Street, Cody, Wyoming

How To Identify Affordable Housing in Cody, Wyoming

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.
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 Cody, Wyoming
$11.97 (+165%) more than Wyoming minimum wage and $11.97 (+165%) more than the Federal minimum wage.
Learn More About Cody, Wyoming Affordable Housing ↓

What HUD offices serve Cody, Wyoming?

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 Cody, Wyoming.

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

How many renters live in Cody, Wyoming?

The City of Cody has people living in households.

There are renters living in renter households in this City. Renters make up 29.18 percent of the population living in Cody.

What is the rental market like in Cody, Wyoming?

There are an estimated housing units in the Cody area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cody, Wyoming, there are 1.03 rental units.

What is the vacancy rate for rentals in Cody?

The rental vacancy rate in Cody is 3 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 Cody for each bedroom size?

Occupied Rental Units by Size in Cody
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
60 166 597 461 107
Occupied Rental Units by Size in Cody

A large number of apartments in Cody 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 Cody

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $767 to $1,722. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $767
One BR $772
Two BR $1,015
Three BR $1,405
Four BR $1,722
2024 Fair Market Rents in Cody, Wyoming

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

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 60 100 percent
One BR 129 78 percent
Two BR 353 59 percent
Rental Units Below FMR in Cody, Wyoming

How many affordable rental units are in Cody?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Cody, Wyoming

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

Income Based Apartments in Cody, Wyoming

Cody features 150 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 Cody, Wyoming

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cody.

Housing Choice Vouchers in Cody, Wyoming

On average, Section 8 Housing Choice vouchers pay Cody landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Cody.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cody, Wyoming for a two-bedroom apartment is between $914 and $1,117.

Sourced from federal housing data and AffordableHousingOnline.com research.