What HUD offices serve Troutdale, 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 Troutdale.
How many renters live in Troutdale, Oregon?
The City of Troutdale has 16,150 people living in 5,503 households.
There are 4,509 renters living in 1,700 renter households in this City. Renters make up 27.92 percent of the population living in Troutdale.
What is the rental market like in Troutdale, Oregon?
There are an estimated 5,753 housing units in the Troutdale area. Of these, 1,807 units are rental homes, making up 31 percent of the housing market. For every renter household in Troutdale, Oregon, there are 1 rental units.
What is the vacancy rate for rentals in Troutdale?
The rental vacancy rate in Troutdale is 1 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 Troutdale for each bedroom size?
Occupied Rental Units by Size in Troutdale
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 27 | 278 | 781 | 517 | 60 |
Occupied Rental Units by Size in Troutdale
A large number of apartments in Troutdale 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 Troutdale are overburdened by housing costs?
Among renter households in this market, 49 percent have housing cost burden. Further, 25 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 Troutdale
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,650 to $3,254. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,650 |
| One BR | $1,776 |
| Two BR | $2,024 |
| Three BR | $2,809 |
| Four BR | $3,254 |
2024 Fair Market Rents in Troutdale, Oregon
How many units are rented at Fair Market Rent (FMR) in Troutdale?
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 | 27 | 100 percent |
| One BR | 262 | 94 percent |
| Two BR | 429 | 55 percent |
Rental Units Below FMR in Troutdale, Oregon
How many affordable rental units are in Troutdale?
There are a variety of federal affordable housing programs serving households in Troutdale, Oregon including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 429 |
| Section 8 Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 2 |
Tracked Units by Federal Program in Troutdale, Oregon
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Troutdale, Oregon
Troutdale features 0 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 Troutdale, Oregon
There are 432 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Troutdale.
Housing Choice Vouchers in Troutdale, Oregon
On average, Section 8 Housing Choice vouchers pay Troutdale landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Troutdale.
The maximum amount a voucher would pay on behalf of a low-income tenant in Troutdale, Oregon for a two-bedroom apartment is between $1,822 and $2,226.
Sourced from federal housing data and AffordableHousingOnline.com research.
