Cheap Apartments In Multnomah County
Oregon

Emilie House

5520 NE Gliaan St
Portland, OR
Income Based
1 BR
62+
Accessable
Subsidized

Providence House

5921 E Burnside St
Portland, OR
Income Based
1 BR
62+
Accessable
Subsidized

Powell Plaza I & II

13320 SE Powell Blvd
Portland, OR
Subsidized

Tenino Terrace

2405 SE Umatilla Street
Portland, OR
1-2 BR
Subsidized

Center Village

5845 NE Hoyt St
Portland, OR
2-4 BR
HCV Welcome

There are 371 low income housing apartment complexes which contain 22,407 affordable apartments for rent in Multnomah County, Oregon. Many of these rental apartments are income based housing with about 7,783 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 2,602 Project-Based Section 8 subsidized apartments in Multnomah County. There are 16,135 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 Multnomah County

Understanding Affordable Housing in Multnomah County, Oregon

Multnomah County, OR Affordable Housing Snapshot

Total Affordable Apartment Properties371
Total Low Income Apartments22,407
Total Rent Assisted Apartments7,783
Percentage of Housing Units Occupied By Renters46.21%
Average Renter Household Size2.25
Total Population768,418
Housing Units310,669
Average Household Size2.41
Median Household Income$54,102 ±$784
Median Rent$964 ±$7
Percentage Of Renters Overburdened51.52% ± 1.1pp

Population and Household Demographics

Multnomah County is a County in Oregon with a population of 768,418. There are 310,669 households in the county with an average household size of 2.41 persons. 46.21% of households in Multnomah County are renters.

Income and Rent Overburden in Multnomah County

The median gross income for households in Multnomah County is $54,102 a year, or $4,509 a month. The median rent for the county is $964 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Multnomah County, a household making less than $3,213 a month would be considered overburdened when renting an apartment at or above the median rent.51.52% of households who rent are overburdened in Multnomah County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 1.1 percentage points.

Area Median Income In Multnomah 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 Multnomah County, HUD calculates the Area Median Income for a family of four as $81,400

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 Multnomah 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 Multnomah County HUD Rental Assistance in Multnomah County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30% of Median$17,100$19,550$22,000$25,100$29,420$33,740$38,060$42,380
50% of Median$28,500$32,600$36,650$40,700$44,000$47,250$50,500$53,750
80% of Median$45,600$52,100$58,600$65,100$70,350$75,550$80,750$85,950

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 Multnomah 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 2012, 220 low income apartment communities containing 14,941 rental apartments have been constructed and made affordable to low income persons in Multnomah County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Multnomah 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 Multnomah County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50% of Median$28,500$32,600$36,650$40,700$44,000$47,250$50,500$53,750
HERA 50%$28,700$32,800$36,900$40,950$44,250$47,550$50,800$54,100
60% of Median$34,200$39,120$43,980$48,840$52,800$56,700$60,600$64,500
HERA 60%$34,440$39,360$44,280$49,140$53,100$57,060$60,960$64,920

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 Multnomah County is $43,980 a year, or $3,665 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,665 by 30% to get a maximum rent of $1,100 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%$713$764$916$1,059$1,181$1,303
60%$855$917$1,100$1,271$1,418$1,564
Fair Market Rents in Multnomah 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
$1,026$1,132$1,330$1,935$2,343

Cities In Multnomah County

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

CityListingsServed By
Gresham22The HUD funded Public Housing Agency that serves Gresham is the Home Forward.
Troutdale3The HUD funded Public Housing Agency that serves Troutdale is the Home Forward.
Fairview3The HUD funded Public Housing Agency that serves Fairview is the Home Forward.
Portland343The HUD funded Public Housing Agencies that serve Portland are the Housing Authority of Clackamas County and Home Forward.
Cedar Mill0The HUD funded Public Housing Agency that serves Cedar Mill is the Home Forward.
Maywood Park0The HUD funded Public Housing Agency that serves Maywood Park is the Home Forward.
West Haven Sylvan0The HUD funded Public Housing Agency that serves West Haven Sylvan is the Home Forward.
Wood Village0The HUD funded Public Housing Agency that serves Wood Village is the Home Forward.
West Haven-Sylvan0The HUD funded Public Housing Agency that serves West Haven-Sylvan is the Home Forward.