What HUD offices serve Eagle Point, Oregon?
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.
Go to the Oregon Public Housing and Low-Income Apartments Waiting Lists page for openings near Eagle Point.
How many renters live in Eagle Point, Oregon?
The City of Eagle Point has 9,735 people living in 3,535 households.
There are 2,923 renters living in 1,026 renter households in this City. Renters make up 30.03 percent of the population living in Eagle Point.
What is the rental market like in Eagle Point, Oregon?
There are an estimated 3,662 housing units in the Eagle Point area. Of these, 1,099 units are rental homes, making up 30 percent of the housing market. For every renter household in Eagle Point, Oregon, there are 1 rental units.
What is the vacancy rate for rentals in Eagle Point?
The rental vacancy rate in Eagle Point is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Eagle Point for each bedroom size?
Occupied Rental Units by Size in Eagle Point
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 97 | 13 | 252 | 541 | 111 |
Occupied Rental Units by Size in Eagle Point
A large number of apartments in Eagle Point 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 Eagle Point are overburdened by housing costs?
Among renter households in this market, 37 percent have housing cost burden. Further, 22 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 Eagle Point
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $946 to $2,357. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $946 |
| One BR | $1,062 |
| Two BR | $1,396 |
| Three BR | $1,967 |
| Four BR | $2,357 |
2024 Fair Market Rents in Eagle Point, Oregon
How many units are rented at Fair Market Rent (FMR) in Eagle Point?
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 | 0 | 100 percent |
| One BR | 2 | 15 percent |
| Two BR | 178 | 71 percent |
Rental Units Below FMR in Eagle Point, Oregon
How many affordable rental units are in Eagle Point?
There are a variety of federal affordable housing programs serving households in Eagle Point, Oregon including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 31 |
| Section 8 Project-Based Rental Assistance | 60 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Eagle Point, Oregon
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Eagle Point, Oregon
Eagle Point features 122 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 Eagle Point, Oregon
There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eagle Point.
Housing Choice Vouchers in Eagle Point, Oregon
On average, Section 8 Housing Choice vouchers pay Eagle Point landlords $500 per month towards rent. The average voucher holder contributes $500 towards rent in Eagle Point.
The maximum amount a voucher would pay on behalf of a low-income tenant in Eagle Point, Oregon for a two-bedroom apartment is between $1,256 and $1,536.
Sourced from federal housing data and AffordableHousingOnline.com research.
