Low Income Apartments and Affordable Housing For Rent in Rainier, OR

Discover affordable housing in Rainier where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Columbia Park

47 W 7th St, Rainier, Oregon 97048

calendar_today Opened: Oct 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rainier, Oregon
$38.33/hour
$25.13 (+190%) more than Oregon minimum wage and $31.08 (+429%) more than the Federal minimum wage.
Learn More About Rainier, Oregon Affordable Housing ↓

What HUD offices serve Rainier, Oregon?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Rainier, Oregon.

Go to the Oregon Public Housing and Low-Income Apartments Waiting Lists page for openings near Rainier.

How many renters live in Rainier, Oregon?

The City of Rainier has 2,010 people living in 804 households.

There are 1,140 renters living in 392 renter households in this City. Renters make up 56.72 percent of the population living in Rainier.

What is the rental market like in Rainier, Oregon?

There are an estimated 836 housing units in the Rainier area. Of these, 392 units are rental homes, making up 47 percent of the housing market. For every renter household in Rainier, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Rainier?

The rental vacancy rate in Rainier is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Rainier for each bedroom size?

Occupied Rental Units by Size in Rainier
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 102 113 110 38
Occupied Rental Units by Size in Rainier

A large number of apartments in Rainier have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Rainier are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 46 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Rainier

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,650 to $3,254. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,650
One BR $1,776
Two BR $2,024
Three BR $2,809
Four BR $3,254
2024 Fair Market Rents in Rainier, Oregon

How many units are rented at Fair Market Rent (FMR) in Rainier?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 20 100 percent
One BR 102 100 percent
Two BR 108 96 percent
Rental Units Below FMR in Rainier, Oregon

How many affordable rental units are in Rainier?

There are a variety of federal affordable housing programs serving households in Rainier, Oregon including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 27
Tracked Units by Federal Program in Rainier, Oregon

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Rainier, Oregon

Rainier features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Rainier, Oregon

There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rainier.

Housing Choice Vouchers in Rainier, Oregon

On average, Section 8 Housing Choice vouchers pay Rainier landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Rainier.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rainier, Oregon for a two-bedroom apartment is between $1,822 and $2,226.

Sourced from federal housing data and AffordableHousingOnline.com research.