Market District Commons

560 Oak St, Eugene, OR 97401

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath 656 - 893 Sq Ft
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Newly built complex has 50 one- and two-bedroom apartments, with 15 units set aside for PBV. The Market District is located in the heart of Downtown Eugene and provides endless opportunities for shopping, dining, entertainment, and easy access to public transit. Onsite amenities include: a rooftop deck terrace, a community room, and on-site laundry facilities. Additional amenities include: controlled access entry, bicycle storage, smoke-free community, garbage chutes, and elevator access. There is no onsite parking for this complex.

Dave's Thoughts On Market District Commons

Because Market District Commons participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Market District Commons Amenities

  • Controlled Access
  • Elevator
  • Community Room
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Patio Deck Or Balcony
  • Resident Service Coordinator
  • Bicycle Storage
  • Fully Equipped Kitchen
  • Smoke Free
  • Laundry Facility
  • Energy Efficient Appliances

Units at Market District Commons

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 656ft2 Call for Price
Two Bedroom (2/1) 893ft2 Call for Price

Income Qualification for Market District Commons

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year
50% AMI for PBRA Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year
60% AMI for LIHTC Units $35,460 / year $40,500 / year $45,540 / year $50,580 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Market District Commons

Does Market District Commons have a waiting list?

Market District Commons probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Market District Commons?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Market District Commons?

Market District Commons is managed by Quantum Residential headquartered in Vancouver, washington.

In addition to Market District Commons, how many other affordable housing properties (and units) are there in Eugene?

In addition to Market District Commons, we list 86 other affordable properties in Eugene. Learn about these properties here. Our data research shows that there are a total of 3018 affordable units in Eugene.

When was the Market District Commons listing last updated?

Market District Commons listing on Affordable Housing Online was last updated on 02/15/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Market District Commons

Prairie View

584 N Danebo Ave, Eugene, Oregon 97402

bed Studio-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Willakenzie Crossing

3057 Willakenzie Rd, Eugene, Oregon 97401

bed Studio-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

WestTown on 8th Apartments

265 W 8th Avenue, Eugene, Oregon 97401

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Green Leaf Village

2725 E Lone Oak Loop, Eugene, Oregon 97404

bed Studio-3
payment $675-781/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Apple Orchard Village

2670 Edgewood Dr, Eugene, Oregon 97404

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Kingsley Court

1755 Kingsley Rd, Eugene, Oregon 97401

payment Subsidized
elderly Senior
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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