What HUD offices serve Coos Bay, 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 Coos Bay.
How many renters live in Coos Bay, Oregon?
The City of Coos Bay has 15,949 people living in 7,257 households.
There are 6,128 renters living in 2,896 renter households in this City. Renters make up 38.42 percent of the population living in Coos Bay.
What is the rental market like in Coos Bay, Oregon?
There are an estimated 7,741 housing units in the Coos Bay area. Of these, 3,018 units are rental homes, making up 39 percent of the housing market. For every renter household in Coos Bay, Oregon, there are 1 rental units.
What is the vacancy rate for rentals in Coos Bay?
The rental vacancy rate in Coos Bay 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 Coos Bay for each bedroom size?
Occupied Rental Units by Size in Coos Bay
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 203 | 602 | 1,400 | 615 | 63 |
Occupied Rental Units by Size in Coos Bay
A large number of apartments in Coos Bay 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 Coos Bay are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 24 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 Coos Bay
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $756 to $1,802. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $756 |
| One BR | $829 |
| Two BR | $1,075 |
| Three BR | $1,515 |
| Four BR | $1,802 |
2024 Fair Market Rents in Coos Bay, Oregon
How many units are rented at Fair Market Rent (FMR) in Coos Bay?
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 | 65 | 32 percent |
| One BR | 427 | 71 percent |
| Two BR | 845 | 60 percent |
Rental Units Below FMR in Coos Bay, Oregon
How many affordable rental units are in Coos Bay?
There are a variety of federal affordable housing programs serving households in Coos Bay, Oregon including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 50 |
| Public Housing | 14 |
| Section 8 Project-Based Rental Assistance | 100 |
| Section 811 Supportive Housing for Persons with Disabilities | 21 |
Tracked Units by Federal Program in Coos Bay, Oregon
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Coos Bay, Oregon
Coos Bay features 130 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 Coos Bay, Oregon
There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coos Bay.
Housing Choice Vouchers in Coos Bay, Oregon
On average, Section 8 Housing Choice vouchers pay Coos Bay landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Coos Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Coos Bay, Oregon for a two-bedroom apartment is between $968 and $1,183.
Sourced from federal housing data and AffordableHousingOnline.com research.
