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

Discover affordable housing in Lebanon where there are 10+ 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.

Queen Anne Apartments

142 E Elmore St, Lebanon, Oregon 97355

Park Manor

42 Market St, Lebanon, Oregon 97355

Village Manor

2411 S 2nd St, Lebanon, Oregon 97355

Colonia Paz

500 Weldwood Dr., Lebanon, Oregon 97355

Applegate Landing Apartments

1875 Stoltz Hill Rd, Lebanon, Oregon 97355

Carolina 100

100 E Carolina St, Lebanon, Oregon 97355

Garden View

3011 S Main Rd, Lebanon, Oregon 97355

Stillwater Apartments

1811 S 2nd St, Lebanon, Oregon 97355

Willamette Manor

176 W C St, Lebanon, Oregon 97355

Anderlik Manor

780 West Grant, Lebanon, Oregon

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lebanon, Oregon
$26.21/hour
$13.01 (+99%) more than Oregon minimum wage and $18.96 (+262%) more than the Federal minimum wage.
Learn More About Lebanon, Oregon Affordable Housing ↓

How many renters live in Lebanon, Oregon?

The City of Lebanon has 18,587 people living in 7,458 households.

There are 9,057 renters living in 3,531 renter households in this City. Renters make up 48.73 percent of the population living in Lebanon.

What is the rental market like in Lebanon, Oregon?

There are an estimated 7,718 housing units in the Lebanon area. Of these, 3,724 units are rental homes, making up 48 percent of the housing market. For every renter household in Lebanon, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Lebanon?

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

Occupied Rental Units by Size in Lebanon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
206 591 1,760 749 208
Occupied Rental Units by Size in Lebanon

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

Among renter households in this market, 51 percent have housing cost burden. Further, 21 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 Lebanon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $938 to $2,180. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $938
One BR $1,121
Two BR $1,384
Three BR $1,869
Four BR $2,180
2024 Fair Market Rents in Lebanon, Oregon

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

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 100 49 percent
One BR 431 73 percent
Two BR 1,200 68 percent
Rental Units Below FMR in Lebanon, Oregon

How many affordable rental units are in Lebanon?

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

Federal Program Unit Count
Low Income Housing Tax Credit 218
Section 8 Project-Based Rental Assistance 30
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Lebanon, Oregon

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

Income Based Apartments in Lebanon, Oregon

Lebanon features 100 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 Lebanon, Oregon

There are 316 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lebanon.

Housing Choice Vouchers in Lebanon, Oregon

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lebanon, Oregon for a two-bedroom apartment is between $1,246 and $1,522.

Sourced from federal housing data and AffordableHousingOnline.com research.