About This Property
Elk Creek is a 60-unit affordable housing community in Idaho Falls that serves elderly residents. The property includes 58 low-income units comprising 36 one-bedroom and 24 two-bedroom apartments. Placed in service in 2003, the community utilizes 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 Elk Creek is typically 30% of household income or less.
What size apartments are available at Elk Creek?+
Elk Creek offers the following unit types: 36 One-Bedroom, 24 Two-Bedroom units, for a total of 60 units.
Who is eligible to live at Elk Creek?+
Elk Creek primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Elk Creek?+
Elk Creek is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Elk Creek?+
Elk Creek 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.
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 Elk Creek may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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