Affordable Housing In Madras
Jefferson County, Oregon

8 Low Income Apartment Communities In Madras

Madras Estates Apartments

242 SW 3rd Street
Madras, OR
Call For Rent
1 BR
HCV Welcome

Chennai Landing Apartments

645 SW Marshall St
Madras, OR
Call For Rent
2-3 BR
HCV Welcome

Canyon Villa Estates

306 SW C St
Madras, OR
Subsidized

Golden Age Manor I

289 SW C St
Madras, OR
Subsidized

Madison Apartments

950 SW Madison St
Madras, OR
Subsidized

Madras Family Housing Center II

375 SW H St
Madras, OR
HCV Welcome

Jefferson Court

319 SW G St
Madras, OR
Subsidized

Willow Creek Apartments

410 NE Oak St
Madras, OR
HCV Welcome
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There are 8 low income housing apartment complexes which contain 225 affordable apartments for rent in Madras. Many of these rental apartments are income based housing with 113 apartments that set rent based on your income. In Madras, HUD housing programs support 27 rental assistance apartments through programs like Project-based Section 8. There are 112 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Madras

Housing Authority Programs
Housing Works Section 8 Housing Choice Voucher (HCV); Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher; Family Unification Program (FUP)

Guide To Affordable Housing in Madras, Oregon

Madras, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 225
Total Rent Assisted Apartments 113
Percentage of Housing Units Occupied By Renters 54.48%
Average Renter Household Size 3.07
Total Population 6,487
Housing Units 2,289
Average Household Size 2.78
Median Household Income $37,732 ±$8,343
Median Rent $758 ±$59
Percentage Of Renters Overburdened 38.97% ± 9.52pp

Population and Household Demographics

Madras is a City in Jefferson County, Oregon with a population of 6,487. There are 2,289 households in the city with an average household size of 2.78 persons. 54.48% of households in Madras are renters.

Income and Rent Overburden in Madras

The median gross income for households in Madras is $37,732 a year, or $3,144 a month. The median rent for the city is $758 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madras, a household making less than $2,527 a month would be considered overburdened when renting an apartment at or above the median rent. 38.97% of households who rent are overburdened in Madras.1

Area Median Income In Madras

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 Madras, the AMI is calculated from all households within Jefferson County.

In Madras, HUD calculates the Area Median Income for a family of four as $55,000

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 Madras

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 Madras HUD Rental Assistance in Madras

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $33,350 $35,650 $37,950
50% of Median $20,150 $23,000 $25,900 $28,750 $31,050 $33,350 $35,650 $37,950
80% of Median $32,200 $36,800 $41,400 $46,000 $49,700 $53,400 $57,050 $60,750
Low Income Housing Tax Credits in Madras

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

From 1990 to 1998, 4 low income apartment communities containing 117 rental apartments have been constructed and made affordable to low income persons in Madras 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 Madras

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,150 $23,000 $25,900 $28,750 $31,050 $33,350 $35,650 $37,950
60% of Median $24,180 $27,600 $31,080 $34,500 $37,260 $40,020 $42,780 $45,540

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 Madras is $31,080 a year, or $2,590 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,590 by 30% to get a maximum rent of $777 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% $504 $539 $648 $748 $834 $920
60% $605 $647 $777 $897 $1,001 $1,104
Fair Market Rents in Madras

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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$482 $611 $700 $1,012 $1,230