Affordable Housing In Gresham
Multnomah County, Oregon

22 Low Income Apartment Communities In Gresham

Kelly Place Apartments

1215 NE Kelly Ave
Gresham, OR
HCV Welcome

Berry Ridge Apartments

2711 W Powell Blvd
Gresham, OR
HCV Welcome

Portland - Cnsrt

Kelly Ave NE Division St
Gresham, OR
HCV Welcome

Mainstream Housing - on Your Own

1025 SE Kane Dr
Gresham, OR
HCV Welcome

Hap Willow Tree

311 NE Division St
Gresham, OR
HCV Welcome

Chestnut Lane - Deaf Nw

604 NE Cleveland Ave
Gresham, OR
HCV Welcome

Duplex

309 NW 25th St
Gresham, OR
HCV Welcome

Gresham Station Apartments

1957 NW Florence Ave
Gresham, OR
HCV Welcome

Village Square Apartments

1625 SE Roberts Dr
Gresham, OR
HCV Welcome

Bristol Woods, Phase I and II

1201 NE 8th St
Gresham, OR
HCV Welcome

Housing Authorities that serve Gresham

Housing Authority Programs
Home Forward Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Gresham, Oregon

There are 22 low income housing apartment communities offering 1,516 affordable apartments for rent in Gresham, Oregon. Gresham features 373 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,143 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Gresham.

Sourced from federal housing data and AffordableHousingOnline.com research.

Gresham, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 1,516
Total Housing Units with Rental Assistance 373
Percentage of Housing Units Occupied By Renters 47.32%
Average Renter Household Size 2.71
Average Household Size 2.77
Median Household Income $46,956 ±$1,415
Median Rent $911 ±$16
Percentage Of Renters Overburdened 56.74% ± 3.36pp
Total Population 109,308

Population and Household Demographics

Gresham is a City in Multnomah County, Oregon with a population of 109,308. There are 38,773 households in the city with an average household size of 2.77 persons. 47.32% of households in Gresham are renters.

Income and Rent Overburden in Gresham

The median gross income for households in Gresham is $46,956 a year, or $3,913 a month. The median rent for the city is $911 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gresham, a household making less than $3,037 a month would be considered overburdened when renting an apartment at or above the median rent. 56.74% of households who rent are overburdened in Gresham.1

Area Median Income In Gresham

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Gresham, the AMI is calculated from all households within Multnomah County.

In Gresham, HUD calculates the Area Median Income for a family of four as $87,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Gresham

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Gresham HUD Rental Assistance in Gresham

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,450 $21,100 $23,750 $26,350 $30,170 $34,590 $39,010 $43,430
50% of Median $30,800 $35,200 $39,600 $43,950 $47,500 $51,000 $54,500 $58,050
80% of Median $49,250 $56,250 $63,300 $70,300 $75,950 $81,550 $87,200 $92,800
Low Income Housing Tax Credits in Gresham

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2005, 9 low income apartment communities containing 976 rental apartments have been constructed and made affordable to low income persons in Gresham by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Gresham

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $30,800 $35,200 $39,600 $43,950 $47,500 $51,000 $54,500 $58,050
60% of Median $36,960 $42,240 $47,520 $52,740 $57,000 $61,200 $65,400 $69,660

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Gresham is $47,520 a year, or $3,960 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,960 by 30% to get a maximum rent of $1,188 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $770 $825 $990 $1,143 $1,275 $1,407
60% $924 $990 $1,188 $1,372 $1,530 $1,688
Fair Market Rents in Gresham

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,192 $1,289 $1,495 $2,157 $2,625