Low Income Apartments In Portland
Multnomah County, Oregon

Low Income Apartments In Portland

Terrace at Mount Scott Apartments

10125 SE Bob Schumacher Rd
Portland, OR
Call For Rent
2-3 BR
HCV Welcome

Belmont Dairy Apartments and Lofts

3340 SE Morrison St
Portland, OR
Call For Rent
Studio-1 BR
HCV Welcome
Market Rate

Buckman Heights Apartments

430 NE 16th Ave
Portland, OR
$712-1,250
Studio-2 BR
HCV Welcome

Hawthorne East Apartments

1420 SE 16th Ave
Portland, OR
Call For Rent
1 BR
62+
Accessible
Subsidized

Humboldt Gardens

5025 N Vancouver Ave
Portland, OR
Call For Rent
1-3 BR

St. Francis Park Apartments

1177 SE Stark St
Portland,
Call For Rent
Studio-1 BR

Emilie House

5520 NE Gliaan St
Portland, OR
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Cascadian Terrace

5700 N Kerby
Portland, OR
Call For Rent
Studio-1 BR
HCV Welcome

Providence House

5921 E Burnside St
Portland, OR
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Powell Plaza I & II

13320 SE Powell Blvd
Portland, OR
Call For Rent
1 BR
Subsidized

There are 303 low income housing apartment complexes which contain 19,548 affordable apartments for rent in Portland. Many of these rental apartments are income based housing with 6,981 apartments that set rent based on your income. In Portland, HUD housing programs support 2,444 rental assistance apartments through programs like Project-based Section 8. There are 12,439 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Portland

Housing Authority Programs
Housing Authority of Clackamas County Section 8 Housing Choice Voucher (HCV); Public Housing
Home Forward Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Portland, Oregon

Portland, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 303
Total Low Income Apartments 19,548
Total Rent Assisted Apartments 6,981
Percentage of Housing Units Occupied By Renters 47.07%
Average Renter Household Size 2.16
Total Population 612,206
Housing Units 254,167
Average Household Size 2.34
Median Household Income $55,003 ±$853
Median Rent $971 ±$9
Percentage Of Renters Overburdened 50.89% ± 1.24pp

Population and Household Demographics

Portland is a City in Multnomah County, Oregon with a population of 612,206. There are 254,167 households in the city with an average household size of 2.34 persons. 47.07% of households in Portland are renters.

Income and Rent Overburden in Portland

The median gross income for households in Portland is $55,003 a year, or $4,584 a month. The median rent for the city is $971 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Portland, a household making less than $3,237 a month would be considered overburdened when renting an apartment at or above the median rent. 50.89% of households who rent are overburdened in Portland.1

Area Median Income In Portland

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 Portland, the AMI is calculated from all households within Multnomah County.

In Portland, 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 Portland

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 Portland HUD Rental Assistance in Portland

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 Portland

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, 205 low income apartment communities containing 13,339 rental apartments have been constructed and made affordable to low income persons in Portland 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 Portland

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
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 Portland 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 Portland

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
$1,131 $1,234 $1,441 $2,084 $2,531