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

Discover affordable housing in Creswell where there are 1+ 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.

Camas Court

420 S 2nd St, Creswell, Oregon 97426

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Creswell, Oregon
$26.46/hour
$13.26 (+100%) more than Oregon minimum wage and $19.21 (+265%) more than the Federal minimum wage.
Learn More About Creswell, Oregon Affordable Housing ↓

What HUD offices serve Creswell, 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, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Creswell, Oregon.

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

How many renters live in Creswell, Oregon?

The City of Creswell has 5,607 people living in 2,037 households.

There are 1,751 renters living in 573 renter households in this City. Renters make up 31.23 percent of the population living in Creswell.

What is the rental market like in Creswell, Oregon?

There are an estimated 2,037 housing units in the Creswell area. Of these, 573 units are rental homes, making up 28 percent of the housing market. For every renter household in Creswell, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Creswell?

The rental vacancy rate in Creswell 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 Creswell for each bedroom size?

Occupied Rental Units by Size in Creswell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
21 42 250 222 38
Occupied Rental Units by Size in Creswell

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

Among renter households in this market, 36 percent have housing cost burden. Further, 3 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 Creswell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $953 to $2,371. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $953
One BR $1,063
Two BR $1,397
Three BR $1,969
Four BR $2,371
2024 Fair Market Rents in Creswell, Oregon

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

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 21 100 percent
One BR 8 19 percent
Two BR 203 81 percent
Rental Units Below FMR in Creswell, Oregon

How many affordable rental units are in Creswell?

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

Federal Program Unit Count
Public Housing 34
Section 202 Supportive Housing for the Elderly 1
Tracked Units by Federal Program in Creswell, Oregon

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

Income Based Apartments in Creswell, Oregon

Creswell features 36 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 Creswell, Oregon

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Creswell.

Housing Choice Vouchers in Creswell, Oregon

On average, Section 8 Housing Choice vouchers pay Creswell landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Creswell.

The maximum amount a voucher would pay on behalf of a low-income tenant in Creswell, Oregon for a two-bedroom apartment is between $1,257 and $1,537.

Sourced from federal housing data and AffordableHousingOnline.com research.