About This Property
Riverton is a 24-unit affordable housing community in Heyburn, Idaho that serves families with low incomes. The property offers a mix of one, two, and three-bedroom units, with 12 one-bedroom, 8 two-bedroom, and 4 three-bedroom apartments available. Placed in service in 2015, the community is non-profit owned and funded through the HOME program.
Property Details
Fair Market Rent - Minidoka 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 | $676 |
| 1 Bedroom | $782 |
| 2 Bedroom | $920 |
| 3 Bedroom | $1,296 |
| 4 Bedroom | $1,550 |
Income Limits - Minidoka County, ID
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,850
- Low (80%)
- $33,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,800
- Low (80%)
- $38,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,150
- Low (80%)
- $51,450
- Extremely Low (30%)
- $34,550
- Very Low (50%)
- $34,550
- Low (80%)
- $55,250
- Extremely Low (30%)
- $36,900
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,850 | $33,350 |
| 2 Persons | $17,420 | $23,800 | $38,100 |
| 3 Persons | $21,960 | $26,800 | $42,850 |
| 4 Persons | $26,500 | $29,750 | $47,600 |
| 5 Persons | $31,040 | $32,150 | $51,450 |
| 6 Persons | $34,550 | $34,550 | $55,250 |
| 7 Persons | $36,900 | $36,900 | $59,050 |
| 8 Persons | $39,300 | $39,300 | $62,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Heyburn, ID?+
The Fair Market Rent (FMR) for Minidoka County, ID is: $676 (Studio), $782 (1BR), $920 (2BR), $1296 (3BR), $1550 (4BR). Actual rent at subsidized properties like Riverton is typically 30% of household income or less.
What size apartments are available at Riverton?+
Riverton offers the following unit types: 12 One-Bedroom, 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
Who manages Riverton?+
Riverton is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Riverton?+
Riverton primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Minidoka County, ID?+
For a 4-person household in Minidoka County, ID, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,750, Low Income (80% AMI): $47,600. These limits are set by HUD and updated annually.
How do I apply for housing at Riverton?+
Riverton 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 Heyburn, ID?+
Based on Fair Market Rent for Minidoka County, the estimated price range is: 1-bedroom: $782, 2-bedroom: $920, 3-bedroom: $1296. Actual rent at Riverton may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.