What HUD offices serve Depoe 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 Depoe Bay.
How many renters live in Depoe Bay, Oregon?
The City of Depoe Bay has people living in households.
There are renters living in renter households in this City. Renters make up 26.43 percent of the population living in Depoe Bay.
What is the rental market like in Depoe Bay, Oregon?
There are an estimated housing units in the Depoe Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Depoe Bay, Oregon, there are 1.07 rental units.
What is the vacancy rate for rentals in Depoe Bay?
The rental vacancy rate in Depoe Bay is 6 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 Depoe Bay for each bedroom size?
Occupied Rental Units by Size in Depoe Bay
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 24 | 122 | 105 | 34 |
Occupied Rental Units by Size in Depoe Bay
A large number of apartments in Depoe Bay have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Depoe Bay
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 Depoe Bay, Oregon
How many units are rented at Fair Market Rent (FMR) in Depoe 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 |
One BR | 20 | 83 percent |
Two BR | 49 | 40 percent |
Rental Units Below FMR in Depoe Bay, Oregon
How many affordable rental units are in Depoe Bay?
There are a variety of federal affordable housing programs serving households in Depoe Bay, Oregon including the following:
Federal Program | Unit Count |
Public Housing |
Tracked Units by Federal Program in Depoe Bay, Oregon
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Depoe Bay, Oregon
Depoe Bay 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 Depoe Bay, Oregon
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Depoe Bay.
Housing Choice Vouchers in Depoe Bay, Oregon
On average, Section 8 Housing Choice vouchers pay Depoe Bay landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Depoe Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Depoe Bay, Oregon for a two-bedroom apartment is between $1,147 and $1,401.
Sourced from federal housing data and AffordableHousingOnline.com research.