About This Property
Bandon River is a 48-unit affordable housing community in Idaho Falls serving elderly residents. The property includes 47 low-income units with a mix of 32 one-bedroom and 16 two-bedroom apartments. Placed in service in 2014, the community is non-profit owned and financed through 9% Low Income Housing Tax Credits.
Property Details
Fair Market Rent - Bonneville County, ID
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $803 |
| 1 Bedroom | $903 |
| 2 Bedroom | $1,098 |
| 3 Bedroom | $1,546 |
| 4 Bedroom | $1,863 |
Income Limits - Bonneville County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Idaho Falls, ID?+
The Fair Market Rent (FMR) for Bonneville County, ID is: $803 (Studio), $903 (1BR), $1098 (2BR), $1546 (3BR), $1863 (4BR). Actual rent at subsidized properties like Bandon River is typically 30% of household income or less.
What size apartments are available at Bandon River?+
Bandon River offers the following unit types: 32 One-Bedroom, 16 Two-Bedroom units, for a total of 48 units.
Who manages Bandon River?+
Bandon River is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Idaho Falls, ID?+
Based on Fair Market Rent for Bonneville County, the estimated price range is: 1-bedroom: $903, 2-bedroom: $1098. Actual rent at Bandon River may be lower for income-eligible households.
What are the income limits for affordable housing in Bonneville County, ID?+
For a 4-person household in Bonneville County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
Who is eligible to live at Bandon River?+
Bandon River primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Bandon River?+
Bandon River is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.