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Affordable Housing In Bandon
Coos County, Oregon

5 Low Income Apartment Communities In Bandon

Pacific Pines Apartments

859 Chicago Ave
Bandon, Oregon
$616-769
1-2 BR
Subsidized

Pine Village

525 9th St SW
Bandon, Oregon
Subsidized

Harvard St Apartments Phase I and II

1412 Harvard St
Bandon, Oregon

Harvard

1214 Harvard St
Bandon, Oregon
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Housing Authorities that serve Bandon

Housing Authority Programs
North Bend City Housing Authority Public Housing
Coos-Curry Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Bandon, Oregon

There are 5 low income housing apartment communities offering 203 affordable apartments for rent in Bandon, Oregon.

Income Based Apartments in Bandon, Oregon

Bandon features 61 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 Bandon, Oregon

There are 142 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bandon.

Housing Choice Vouchers in Bandon, Oregon

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bandon, Oregon for a two-bedroom apartment is between $788 and $963.

2020 Bandon, Oregon Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $592 $712 $875 $1,262 $1,503
Payment Standard Range $533 to $651 $641 to $783 $788 to $963 $1,136 to $1,388 $1,353 to $1,653

Sourced from federal housing data and AffordableHousingOnline.com research.

Bandon, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 203
Total Housing Units with Rental Assistance 61
Percentage of Housing Units Occupied By Renters 45.61%
Average Renter Household Size 1.79
Average Household Size 1.96
Median Household Income $29,668 ±$6,276
Median Rent $622 ±$57
Percentage Of Renters Overburdened 59.54% ± 18.1pp
Total Population 3,070

Population and Household Demographics

Bandon is a city in Coos County, Oregon with a population of 3,070. There are 1,539 households in the city with an average household size of 1.96 persons. 45.61% of households in Bandon are renters.

Income and Rent Overburden in Bandon

The median gross income for households in Bandon is $29,668 a year, or $2,472 a month. The median rent for the city is $622 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bandon, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 59.54% of households who rent are overburdened in Bandon.

Area Median Income In Bandon

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bandon, the AMI is calculated from all households within Coos County.

In Bandon, HUD calculates the Area Median Income for a family of four as $53,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bandon

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bandon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,900 $17,240 $21,720 $26,200 $30,680 $35,160 $38,100 $40,550
50% of Median $21,500 $24,600 $27,650 $30,700 $33,200 $35,650 $38,100 $40,550
80% of Median $34,400 $39,300 $44,200 $49,100 $53,050 $57,000 $60,900 $64,850