Cheap Apartments In Lincoln County
Oregon

Sa - Da - Munn Apartments

485 W Willow St
Waldport, OR
Subsidized

West Devils Lake

3100 NE 26th St
Lincoln City, OR
Subsidized

Big Creek Point Apts

2725 NE Crestview Dr
Newport, OR
HCV Welcome

Fircrest

612 NW 10th St
Newport, OR

Ridge Apartments, The

3340 SE Harbor Dr
Lincoln City, OR
HCV Welcome

There are 18 low income housing apartment complexes which contain 1,072 affordable apartments for rent in Lincoln County, Oregon. Many of these rental apartments are income based housing with about 616 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 50 Project-Based Section 8 subsidized apartments in Lincoln County. There are 1,074 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Lincoln County

The Housing Authority of Lincoln County is a Section 8 and Public Housing public housing agency in Newport, Oregon.

Understanding Affordable Housing in Lincoln County, Oregon

Lincoln County, OR Affordable Housing Snapshot

Total Affordable Apartment Properties18
Total Low Income Apartments1,072
Total Rent Assisted Apartments616
Percentage of Housing Units Occupied By Renters36.18%
Average Renter Household Size2.38
Total Population46,347
Housing Units20,566
Average Household Size2.22
Median Household Income$42,101 ±$1,209
Median Rent$830 ±$24
Percentage Of Renters Overburdened46.69% ± 4.02pp

Population and Household Demographics

Lincoln County is a County in Oregon with a population of 46,347. There are 20,566 households in the county with an average household size of 2.22 persons. 36.18% of households in Lincoln County are renters.

Income and Rent Overburden in Lincoln County

The median gross income for households in Lincoln County is $42,101 a year, or $3,508 a month. The median rent for the county is $830 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln County, a household making less than $2,767 a month would be considered overburdened when renting an apartment at or above the median rent.46.69% of households who rent are overburdened in Lincoln County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 4.02 percentage points.

Area Median Income In Lincoln County

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.

In Lincoln County, HUD calculates the Area Median Income for a family of four as $54,200

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 Lincoln County

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 Lincoln County HUD Rental Assistance in Lincoln County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30% of Median$12,140$16,460$20,780$25,100$29,420$31,750$33,950$36,150
50% of Median$19,150$21,900$24,650$27,350$29,550$31,750$33,950$36,150
80% of Median$30,650$35,000$39,400$43,750$47,250$50,750$54,250$57,750

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Lincoln County

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

From 1987 to 2009, 10 low income apartment communities containing 444 rental apartments have been constructed and made affordable to low income persons in Lincoln County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Lincoln County by looking for the tag in the apartment list above. View Apartments.

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 Lincoln County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50% of Median$19,150$21,900$24,650$27,350$29,550$31,750$33,950$36,150
HERA 50%$20,600$23,550$26,500$29,400$31,800$34,150$36,500$38,850
60% of Median$22,980$26,280$29,580$32,820$35,460$38,100$40,740$43,380
HERA 60%$24,720$28,260$31,800$35,280$38,160$40,980$43,800$46,620

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 Lincoln County is $29,580 a year, or $2,465 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,465 by 30% to get a maximum rent of $740 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 AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
50%$479$513$616$711$794$876
60%$575$616$740$854$953$1,052
Fair Market Rents in Lincoln County

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.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR
$608$695$893$1,299$1,422

Cities In Lincoln County

Select A City to View its Apartment Communities and Waiting Lists.

CityListingsServed By
Newport8The HUD funded Public Housing Agency that serves Newport is the Housing Authority of Lincoln County.
Lincoln City7The HUD funded Public Housing Agency that serves Lincoln City is the Housing Authority of Lincoln County.
Yachats1The HUD funded Public Housing Agency that serves Yachats is the Housing Authority of Lincoln County.
Waldport2The HUD funded Public Housing Agency that serves Waldport is the Housing Authority of Lincoln County.
Depoe Bay0The HUD funded Public Housing Agency that serves Depoe Bay is the Housing Authority of Lincoln County.
Lincoln Beach0The HUD funded Public Housing Agency that serves Lincoln Beach is the Housing Authority of Lincoln County.
Rose Lodge0The HUD funded Public Housing Agency that serves Rose Lodge is the Housing Authority of Lincoln County.
Siletz0The HUD funded Public Housing Agency that serves Siletz is the Housing Authority of Lincoln County.
Toledo0The HUD funded Public Housing Agency that serves Toledo is the Housing Authority of Lincoln County.