Low Income Apartments and Affordable Housing For Rent in Pocatello, ID (2024)

What HUD offices serve Pocatello, Idaho?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Go to theIdahoPublic Housing and Low-Income Apartments Waiting Lists page for openings near Pocatello.

How many renters live in Pocatello, Idaho?

The City of Pocatello has 56,582people living in 21,657 households.

There are 17,180 renters living in7,885 renter households in thisCity. Renters make up 30.36percent of the population living in Pocatello.

What is the rental market like in Pocatello, Idaho?

There are an estimated 23,357 housing units in thePocatello area. Of these, 8,604 units are rentalhomes, making up 37 percent of the housing market. Forevery renter household in Pocatello, Idaho, there are1 rental units.

What is the vacancy rate for rentals in Pocatello?

The rental vacancy rate in Pocatello is 8 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.

How many rental units are in Pocatello for each bedroom size?

A large number of apartments in Pocatello have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Pocatello are overburdened by housing costs?

Among renter households in this market, 39percent havehousing cost burden. Further, 21percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Pocatello

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $669 to $1,675. FMRs areupdated annually by HUD for every city and county nationwide.

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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:

How many affordable rental units are in Pocatello?

There are a variety of federal affordable housing programs serving households inPocatello, Idaho including the following:

Income Based Apartments in Pocatello, Idaho

Pocatello features 300 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Pocatello, Idaho

There are 73 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Pocatello.

Housing Choice Vouchers in Pocatello, Idaho

On average, Section 8 Housing Choice vouchers pay Pocatello landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inPocatello.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pocatello, Idaho fora two-bedroom apartment is between $888 and $1,086.

Sourced from federal housing data and AffordableHousingOnline.comresearch.