Affordable Housing In Mcminnville
Yamhill County, Oregon

13 Low Income Apartment Communities In Mcminnville

Orchards Plaza

1310 NE 27th St
Mcminnville, OR
Call For Rent
1-2 BR
Subsidized

Villa West Apartments

201 SW Agee St
Mcminnville, OR
Call For Rent
1-3 BR
Subsidized

Williamette Place Apartments

1925 NE McDonald Ln
Mcminnville, OR
Call For Rent
1-2 BR
Subsidized

Jandina Park Apartments

1750 SW Sesame St
Mcminnville, OR
Call For Rent
1-3 BR
HCV Welcome

Ha of Yamhill County

1678 SW Wright St
Mcminnville, OR

Hendricks Place

735 NE Cowls St
Mcminnville, OR
HCV Welcome

Village Quarter

333 NE Irvine St
Mcminnville, OR
HCV Welcome

Baker Street Apartments

1920 SW Baker St
Mcminnville, OR
HCV Welcome

Redwood Commons

2161 NE Lafayette Ave
Mcminnville, OR
HCV Welcome

Sunnyside Apartments

2195 NE Lafayette Ave
Mcminnville, OR
HCV Welcome

Housing Authorities that serve Mcminnville

Housing Authority Programs
Housing Authority of Yamhill County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Mcminnville, Oregon

According to federal housing data and AffordableHousingOnline.com research, there are 13 low income housing apartment communities offering 430 affordable apartments for rent in Mcminnville, Oregon. Mcminnville features 144 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 286 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Mcminnville.

Mcminnville, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 430
Total Housing Units with Rental Assistance 144
Percentage of Housing Units Occupied By Renters 42.15%
Average Renter Household Size 2.68
Average Household Size 2.66
Median Household Income $45,588 ±$3,078
Median Rent $849 ±$66
Percentage Of Renters Overburdened 52.54% ± 6.4pp
Total Population 33,185

Population and Household Demographics

Mcminnville is a City in Yamhill County, Oregon with a population of 33,185. There are 11,837 households in the city with an average household size of 2.66 persons. 42.15% of households in Mcminnville are renters.

Income and Rent Overburden in Mcminnville

The median gross income for households in Mcminnville is $45,588 a year, or $3,799 a month. The median rent for the city is $849 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mcminnville, a household making less than $2,830 a month would be considered overburdened when renting an apartment at or above the median rent. 52.54% of households who rent are overburdened in Mcminnville.1

Area Median Income In Mcminnville

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 Mcminnville, the AMI is calculated from all households within Yamhill County.

In Mcminnville, 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 Mcminnville

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 Mcminnville HUD Rental Assistance in Mcminnville

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 Mcminnville

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

From 1987 to 2011, 9 low income apartment communities containing 409 rental apartments have been constructed and made affordable to low income persons in Mcminnville 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 Mcminnville

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 Mcminnville 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 Mcminnville

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