Low Income Apartments In Redmond
Deschutes County, Oregon

Low Income Apartments In Redmond

Reindeer Meadows

1601 SW Reindeer Ave
Redmond, OR
1-2 BR
HCV Welcome

Aspen Villas Apartments

933 NW Canal Blvd
Redmond, OR
2-3 BR
HCV Welcome

The Bluffs Apartments

340 SW Rimrock Way
Redmond, OR
Studio-3 BR
HCV Welcome

Wintergreen Apartments

2050 SW Timber Ave
Redmond, OR
Income Based
1-3 BR
HCV Welcome

Housing Opportunities Inc

1113 SW Veterans Way
Redmond, OR
Elderly Supportive Housing

Stafford Square II

724 NW 4th St
Redmond, OR

Residential Housing Inc

1155 SW Veterans Way
Redmond, OR
Elderly Supportive Housing

Brentwood Manor

1121 SW Kalama Ave
Redmond, OR

Redmond Triangle

787 NW Canal Blvd
Redmond, OR

Ridgemont Apartments

2210 SW 19th St
Redmond, OR

There are 11 low income housing apartment complexes which contain 372 affordable apartments for rent in Redmond, Oregon. Many of these rental apartments are income based housing with about 104 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 20 Project-Based Section 8 subsidized apartments in Redmond. There are 268 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 Redmond

Housing Authority Programs
Housing Works Section 8 Housing Choice Voucher; Public Housing

Guide To Affordable Housing in Redmond, Oregon

Redmond, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 372
Total Rent Assisted Apartments 104
Percentage of Housing Units Occupied By Renters 46.44%
Average Renter Household Size 2.79
Total Population 27,450
Housing Units 10,312
Average Household Size 2.63
Median Household Income $40,154 ±$2,484
Median Rent $895 ±$40
Percentage Of Renters Overburdened 59.34% ± 7.46pp

Population and Household Demographics

Redmond is a City in Deschutes County, Oregon with a population of 27,450. There are 10,312 households in the city with an average household size of 2.63 persons. 46.44% of households in Redmond are renters.

Income and Rent Overburden in Redmond

The median gross income for households in Redmond is $40,154 a year, or $3,346 a month. The median rent for the city is $895 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Redmond, a household making less than $2,983 a month would be considered overburdened when renting an apartment at or above the median rent. 59.34% of households who rent are overburdened in Redmond.1

Area Median Income In Redmond

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 Redmond, the AMI is calculated from all households within Deschutes County.

In Redmond, HUD calculates the Area Median Income for a family of four as $69,600

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 Redmond

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 Redmond HUD Rental Assistance in Redmond

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,650 $16,750 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $24,400 $27,850 $31,350 $34,800 $37,600 $40,400 $43,200 $45,950
80% of Median $39,000 $44,600 $50,150 $55,700 $60,200 $64,650 $69,100 $73,550
Low Income Housing Tax Credits in Redmond

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

From 1991 to 2007, 6 low income apartment communities containing 281 rental apartments have been constructed and made affordable to low income persons in Redmond 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 Redmond

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $29,280 $33,420 $37,620 $41,760 $45,120 $48,480 $51,840 $55,140

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 Redmond is $37,620 a year, or $3,135 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,135 by 30% to get a maximum rent of $941 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% $610 $653 $784 $905 $1,010 $1,114
60% $732 $784 $941 $1,086 $1,212 $1,337
Fair Market Rents in Redmond

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
$742 $884 $1,071 $1,540 $1,881