Low Income Apartments and Affordable Housing For Rent in Newport, OR

Discover affordable housing in Newport where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Newport North and South Apartments

116 NW 60th St / 448 SW Surf Ave, Newport, Oregon 97365

Big Creek Point Apts

2725 NE Crestview Dr, Newport, Oregon 97365

Agate Heights Apartments

140 H NE 60th, Newport, Oregon 97365

Mariner Heights

230 NW 1st St, Newport, Oregon 97365

Surf View Village

111 NE 60th St., Newport, Oregon 97365

Salmon Run

7035 NE Echo Ct, Newport, Oregon 97365

Fircrest

612 NW 10th St, Newport, Oregon 97365

Yaquina Breeze Apartments

5927 N Coast Hwy, Newport, Oregon 97365

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Newport, Oregon
$24.13/hour
$10.93 (+83%) more than Oregon minimum wage and $16.88 (+233%) more than the Federal minimum wage.
Learn More About Newport, Oregon Affordable Housing ↓

What HUD offices serve Newport, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Newport, Oregon.

Go to the Oregon Public Housing and Low-Income Apartments Waiting Lists page for openings near Newport.

How many renters live in Newport, Oregon?

The City of Newport has 10,319 people living in 4,551 households.

There are 3,808 renters living in 1,750 renter households in this City. Renters make up 36.9 percent of the population living in Newport.

What is the rental market like in Newport, Oregon?

There are an estimated 5,576 housing units in the Newport area. Of these, 1,800 units are rental homes, making up 32 percent of the housing market. For every renter household in Newport, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Newport?

The rental vacancy rate in Newport is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Newport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
125 358 726 493 46
Occupied Rental Units by Size in Newport

A large number of apartments in Newport 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 Newport are overburdened by housing costs?

Among renter households in this market, 46 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 Newport

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $2,162. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,274
Three BR $1,782
Four BR $2,162
2024 Fair Market Rents in Newport, Oregon

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

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 85 68 percent
One BR 251 70 percent
Two BR 483 67 percent
Rental Units Below FMR in Newport, Oregon

How many affordable rental units are in Newport?

There are a variety of federal affordable housing programs serving households in Newport, Oregon including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 247
Public Housing 63
Section 8 Project-Based Rental Assistance 35
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Newport, Oregon

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Newport, Oregon

Newport features 179 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 Newport, Oregon

There are 258 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newport.

Housing Choice Vouchers in Newport, Oregon

On average, Section 8 Housing Choice vouchers pay Newport landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Newport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newport, Oregon for a two-bedroom apartment is between $1,147 and $1,401.

Sourced from federal housing data and AffordableHousingOnline.com research.