Parkway Village Apartments - Salem

3143 7th Pl NE, Salem, Oregon 97303

Parkway Village Apartments - Salem, located at 3143 7th Pl NE in Salem, has two and three bedroom apartments. Parkway Village Apartments - Salem participates in the Low-Income Housing Tax Credit (LIHTC) program.

Contact Parkway Village Apartments - Salem

Message Parkway Village Apartments - Salem


Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - From $580
3 Bedroom (3/1) - Up To $785

Parkway Village Apartments - Salem Details

  • 124 two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Unit Amenities

  • Refrigerator
  • Oven and Range
  • Balconies or Patios Available

About Parkway Village Apartments - Salem

Parkway East and West are 124 units of affordable two bedroom and three bedroom units located in northeast Salem. Current monthly rents are between $580 and $785, depending on unit type.

Low-Income Housing Tax Credit (LIHTC)

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.

Salem Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Salem but actual income limits may differ for units at Parkway Village Apartments - Salem.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
Low Income (60%) $29,160 $33,360 $37,500 $41,640 $45,000 $48,360 $51,660 $55,020

Parkway Village Apartments - Salem was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Parkway Village Apartments - Salem is managed by Salem Housing Authority.

Image of Parkway Village Apartments - Salem
Image of Parkway Village Apartments - Salem
Image of Parkway Village Apartments - Salem

Nearby Low Income Apartment Communities

Brighton Park East Apartments

3862 Sunnyview Rd NE
Salem, OR
1-2 BR
HCV Welcome