What HUD offices serve Gresham, 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 Gresham.
How many renters live in Gresham, Oregon?
The City of Gresham has people living in households.
There are renters living in renter households in this City. Renters make up 39.1 percent of the population living in Gresham.
What is the rental market like in Gresham, Oregon?
There are an estimated housing units in the Gresham area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Gresham, Oregon, there are 0.99 rental units.
What is the vacancy rate for rentals in Gresham?
The rental vacancy rate in Gresham is 5 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 Gresham for each bedroom size?
Occupied Rental Units by Size in Gresham
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 1,082 4,202 9,741 2,985 625 Occupied Rental Units by Size in Gresham
A large number of apartments in Gresham 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 Gresham
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,650 to $3,254. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,650 One BR $1,776 Two BR $2,024 Three BR $2,809 Four BR $3,254 2024 Fair Market Rents in Gresham, Oregon
How many units are rented at Fair Market Rent (FMR) in Gresham?
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 922 85 percent One BR 3,416 81 percent Two BR 5,121 53 percent Rental Units Below FMR in Gresham, Oregon
How many affordable rental units are in Gresham?
There are a variety of federal affordable housing programs serving households in
Gresham, Oregon including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Gresham, Oregon
Income Based Apartments in Gresham, Oregon
Gresham features 373 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 Gresham, Oregon
There are 919 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gresham.
Housing Choice Vouchers in Gresham, Oregon
On average, Section 8 Housing Choice vouchers pay Gresham landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Gresham.
The maximum amount a voucher would pay on behalf of a low-income tenant in Gresham, Oregon for a two-bedroom apartment is between $1,822 and $2,226.
Sourced from federal housing data and AffordableHousingOnline.com research.