Oliver Station Apartments

5990 Southeast 92nd Avenue, Portland, OR 97266

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Lorena Bentley, Ayat Elkarib, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Oliver Station is the newest premier housing development in the Lents neighborhood.

Dave's Thoughts On Oliver Station Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Oliver Station Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Oliver Station Apartments Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • On-Site Manager
  • Bicycle Storage
  • 24 Hour Maintenance
  • On-Site Laundry

Units at Oliver Station Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Income Qualification for Oliver Station Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $39,500 / year $45,150 / year $50,800 / year $56,400 / year
50% AMI for PBRA Units $39,500 / year $45,150 / year $50,800 / year $56,400 / year
60% AMI for LIHTC Units $47,400 / year $54,180 / year $60,960 / year $67,680 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Oliver Station Apartments

Does Oliver Station Apartments have a waiting list?

Oliver Station Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Oliver Station Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Oliver Station Apartments?

Oliver Station Apartments is managed by Pacificap Properties Group, LLC (pmiforward) headquartered in Portland, OR.

In addition to Oliver Station Apartments, how many other affordable housing properties (and units) are there in Portland?

In addition to Oliver Station Apartments, we list 696 other affordable properties in Portland. Learn about these properties here. Our data research shows that there are a total of 21786 affordable units in Portland.

Listings Near Oliver Station Apartments

Spruce Park Apartments

650 SE 162nd Ave, Portland, Oregon 97233

bed 1-2
payment $971-1159/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Buckman Heights Apartments

430 NE 16th Ave, Portland, Oregon 97232

bed Studio-2
payment $712-1250/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Milepost 5

850 NE 81st Avenue , Portland, Oregon 97213

bed Studio-2
payment $693-1198/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Humboldt Gardens

5025 N Vancouver Ave, Portland, Oregon 97217

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Uptown Tower Apartments

712 SW Saint Clair, Portland, Oregon 97205

bed 1
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Cathedral Gardens

8652 N Swift Way, Portland, Oregon 97203

bed 1-3
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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