Cheap Apartments In Polk County
Oregon

Countrywood Manor Apartments

217 SE Lacreole Dr
Dallas, OR
1-2 BR

College Manor

265 College St S
Monmouth, OR
Subsidized

Village Apartments, The

526 Powell St E
Monmouth, OR
Subsidized

Willamina Villa - Beaver State

320 NE 1st St
Willamina, OR
Subsidized

Dallas Independence Amp

345 SW Donald St
Dallas, OR

There are 12 low income housing apartment complexes which contain 605 affordable apartments for rent in Polk County, Oregon. Many of these rental apartments are income based housing with about 434 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 281 Project-Based Section 8 subsidized apartments in Polk County. There are 205 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 Polk County

The Housing And Urban Renewal Agency of Polk County is a Section 8 and Public Housing public housing agency in Dallas, Oregon.

Understanding Affordable Housing in Polk County, Oregon

Polk County, OR Affordable Housing Snapshot

Total Affordable Apartment Properties12
Total Low Income Apartments605
Total Rent Assisted Apartments434
Percentage of Housing Units Occupied By Renters35.72%
Average Renter Household Size2.57
Total Population77,264
Housing Units28,458
Average Household Size2.65
Median Household Income$52,821 ±$1,699
Median Rent$795 ±$29
Percentage Of Renters Overburdened53.01% ± 4.15pp

Population and Household Demographics

Polk County is a County in Oregon with a population of 77,264. There are 28,458 households in the county with an average household size of 2.65 persons. 35.72% of households in Polk County are renters.

Income and Rent Overburden in Polk County

The median gross income for households in Polk County is $52,821 a year, or $4,402 a month. The median rent for the county is $795 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Polk County, a household making less than $2,650 a month would be considered overburdened when renting an apartment at or above the median rent.53.01% of households who rent are overburdened in Polk County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 4.15 percentage points.

Area Median Income In Polk 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 Polk County, HUD calculates the Area Median Income for a family of four as $67,300

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 Polk 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 Polk County HUD Rental Assistance in Polk County

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30% of Median$13,700$16,460$20,780$25,100$29,420$33,740$38,060$42,380
50% of Median$22,800$26,050$29,300$32,550$35,200$37,800$40,400$43,000
80% of Median$36,450$41,650$46,850$52,050$56,250$60,400$64,550$68,750

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 Polk County

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

From 1988 to 2007, 5 low income apartment communities containing 150 rental apartments have been constructed and made affordable to low income persons in Polk County by the Low Income Housing Tax Credit Program.

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

Income1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50% of Median$22,800$26,050$29,300$32,550$35,200$37,800$40,400$43,000
HERA 50%$23,800$27,200$30,600$34,000$36,750$39,450$42,200$44,900
60% of Median$27,360$31,260$35,160$39,060$42,240$45,360$48,480$51,600
HERA 60%$28,560$32,640$36,720$40,800$44,100$47,340$50,640$53,880

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 Polk County is $35,160 a year, or $2,930 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,930 by 30% to get a maximum rent of $879 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%$570$611$733$847$945$1,043
60%$684$733$879$1,016$1,134$1,251
Fair Market Rents in Polk 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
$594$668$886$1,289$1,560

Cities In Polk County

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

CityListingsServed By
Dallas5The HUD funded Public Housing Agency that serves Dallas is the Housing And Urban Renewal Agency of Polk County.
Willamina1The HUD funded Public Housing Agency that serves Willamina is the Housing And Urban Renewal Agency of Polk County.
Monmouth4The HUD funded Public Housing Agency that serves Monmouth is the Housing And Urban Renewal Agency of Polk County.
Independence2The HUD funded Public Housing Agency that serves Independence is the Housing And Urban Renewal Agency of Polk County.
Eola0
Falls City0
Fort Hill0
Grand Ronde0
Rickreall0