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

Discover affordable housing in Lander where there are 5+ 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.

Blue Ridge Lander Apartments

1024 E Main St, Lander, Wyoming 82520

Sunrise Villa Apartments

117 Jefferson St, Lander, Wyoming 82520

Pushroot Apartments

84 Push Root Ct, Lander, Wyoming 82520

Dignity Apartments

240 Valley View Dr, Lander, Wyoming 82520

Northside Apartments

950 North Ln, Lander, Wyoming 82520

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 Lander, Wyoming
$19.39/hour
$12.14 (+168%) more than Wyoming minimum wage and $12.14 (+168%) more than the Federal minimum wage.
Learn More About Lander, Wyoming Affordable Housing ↓

What HUD offices serve Lander, 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 Lander, Wyoming.

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

How many renters live in Lander, Wyoming?

The City of Lander has 7,561 people living in 2,969 households.

There are 1,972 renters living in 1,002 renter households in this City. Renters make up 26.08 percent of the population living in Lander.

What is the rental market like in Lander, Wyoming?

There are an estimated 3,226 housing units in the Lander area. Of these, 1,069 units are rental homes, making up 33 percent of the housing market. For every renter household in Lander, Wyoming, there are 1 rental units.

What is the vacancy rate for rentals in Lander?

The rental vacancy rate in Lander is 6 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 Lander for each bedroom size?

Occupied Rental Units by Size in Lander
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
27 272 371 309 12
Occupied Rental Units by Size in Lander

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

Among renter households in this market, 59 percent have housing cost burden. Further, 17 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 Lander

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 Lander, Wyoming

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

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 27 100 percent
One BR 166 61 percent
Two BR 201 54 percent
Rental Units Below FMR in Lander, Wyoming

How many affordable rental units are in Lander?

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

Federal Program Unit Count
Low Income Housing Tax Credit 39
Section 8 Project-Based Rental Assistance 31
USDA Section 515 Rural Rental Housing 47
Tracked Units by Federal Program in Lander, Wyoming

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

Income Based Apartments in Lander, Wyoming

Lander features 87 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 Lander, Wyoming

There are 46 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lander.

Housing Choice Vouchers in Lander, Wyoming

On average, Section 8 Housing Choice vouchers pay Lander landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Lander.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lander, Wyoming for a two-bedroom apartment is between $922 and $1,126.

Sourced from federal housing data and AffordableHousingOnline.com research.