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

Discover affordable housing in Waldport where there are 2+ 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.

Sa - Da - Munn Apartments

485 W Willow St, Waldport, Oregon 97394

Vandehaven by the Bay

385 NE Grant St, Waldport, Oregon 97394

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Waldport, 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 Waldport, Oregon Affordable Housing ↓

What HUD offices serve Waldport, 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 Waldport, Oregon.

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

How many renters live in Waldport, Oregon?

The City of Waldport has 1,950 people living in 1,058 households.

There are 446 renters living in 344 renter households in this City. Renters make up 22.87 percent of the population living in Waldport.

What is the rental market like in Waldport, Oregon?

There are an estimated 1,239 housing units in the Waldport area. Of these, 354 units are rental homes, making up 29 percent of the housing market. For every renter household in Waldport, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Waldport?

The rental vacancy rate in Waldport is 0 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 Waldport for each bedroom size?

Occupied Rental Units by Size in Waldport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 139 124 51 0
Occupied Rental Units by Size in Waldport

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

Among renter households in this market, 58 percent have housing cost burden. Further, 39 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 Waldport

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 Waldport, Oregon

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

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 29 97 percent
One BR 90 65 percent
Two BR 100 81 percent
Rental Units Below FMR in Waldport, Oregon

How many affordable rental units are in Waldport?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 50
Tracked Units by Federal Program in Waldport, Oregon

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

Income Based Apartments in Waldport, Oregon

Waldport features 50 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 Waldport, Oregon

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waldport.

Housing Choice Vouchers in Waldport, Oregon

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.