Milepost 5 is an affordable housing community for creatives, developed for working artists of all disciplines. Located on a two-acre campus in Portland’s Montavilla neighborhood, our community of over 100 renters work in dozens of artistic fields. Residents host monthly art openings, present plays, music, readings, workshops, and other events in the community spaces.
Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income.
The complex boasts over 100 units consisting of both residential and artist studio spaces. The sizes of the spaces range from about 130 - 400 square feet.
While about half of the units feature their own bathroom en suite, the other half of the units have dorm-style bathrooms located throughout the building. The units all have shared kitchens, which are located on both the second and third floors. Most residents keep a mini-fridge inside their apartments.
The building has a laundry room with coin-operated machines, a workshop for working on small projects, galleries, and community gardens. Public transportation is readily available by light rail or many bus lines.
|STUDIO (Studio/1)||-||Call for Price|
|SRO (Studio/0)||126 - 429||From $693|
|1 BEDROOM (1/1)||371||From $990|
|2 BEDROOMS (2/1)||512 - 633||From $1,198|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.