How many renters live in Fort Washakie, Wyoming?
The City of Fort Washakie has people living in households.
There are renters living in renter households in this City. Renters make up 42.74 percent of the population living in Fort Washakie.
What is the rental market like in Fort Washakie, Wyoming?
There are an estimated housing units in the Fort Washakie area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fort Washakie, Wyoming, there are 1.07 rental units.
What is the vacancy rate for rentals in Fort Washakie?
The rental vacancy rate in Fort Washakie is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Fort Washakie for each bedroom size?
Occupied Rental Units by Size in Fort Washakie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 8 | 20 | 73 | 33 |
Occupied Rental Units by Size in Fort Washakie
A large number of apartments in Fort Washakie 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 Fort Washakie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $774 to $1,559. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $774 |
| One BR | $779 |
| Two BR | $1,024 |
| Three BR | $1,434 |
| Four BR | $1,559 |
2024 Fair Market Rents in Fort Washakie, Wyoming
How many units are rented at Fair Market Rent (FMR) in Fort Washakie?
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 |
| One BR | 0 | 100 percent |
| Two BR | 18 | 90 percent |
Rental Units Below FMR in Fort Washakie, Wyoming
How many affordable rental units are in Fort Washakie?
There are a variety of federal affordable housing programs serving households in Fort Washakie, Wyoming including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Fort Washakie, Wyoming
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fort Washakie, Wyoming
Fort Washakie 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 Fort Washakie, Wyoming
There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Washakie.
Housing Choice Vouchers in Fort Washakie, Wyoming
On average, Section 8 Housing Choice vouchers pay Fort Washakie landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fort Washakie.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Washakie, Wyoming for a two-bedroom apartment is between $922 and $1,126.
Sourced from federal housing data and AffordableHousingOnline.com research.
