Stewart Terrace

21754 N Sherwood Blvd, Sherwood, OR 97140

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2023 by Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 Bath 650 - 750 Sq Ft
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Stewart Terrace Senior Apartments is located in close to shopping and right on the bus line in Sherwood, OR. We offer recently remodeled 1 bedroom apartments on beautifully landscaped grounds. Amenities include a community room, covered parking, laundry facilities, gas range,  window coverings and much more. For more details contact our friendly leasing staff today! Income restrictions may apply.

Dave's Thoughts On Stewart Terrace

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Stewart Terrace has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Stewart Terrace Amenities

  • Community Room
  • Laundry Room
  • Gazebo
  • Carpet
  • Storage
  • Oven and Range
  • Community Garden
  • Private Patios
  • Smoke Free
  • New Cabinets

Units at Stewart Terrace

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 650ft2 Call for Price
2 Bedroom (2/1) 750ft2 Call for Price

Income Qualification for Stewart Terrace

*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
30% AMI for PBRA Units $23,700 / year $27,100 / year $30,500 / year $33,850 / year
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
80% AMI for PBRA Units $63,150 / year $72,200 / year $81,200 / year $90,200 / year

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

FAQs for Stewart Terrace

Does Stewart Terrace have a waiting list?

Stewart Terrace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Stewart Terrace?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Stewart Terrace?

Stewart Terrace is managed by Guardian Real Estate Services headquartered in Portland, Oregon.

In addition to Stewart Terrace, how many other affordable housing properties (and units) are there in Sherwood?

In addition to Stewart Terrace, we list 12 other affordable properties in Sherwood. Learn about these properties here. Our data research shows that there are a total of 97 affordable units in Sherwood.

When was the Stewart Terrace listing last updated?

Stewart Terrace listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Stewart Terrace

Creekview Crossing

21759 SW Cedar Brook Way, Sherwood, Oregon 97140

bed 2-3
payment $1929-2661/mo.

Sunfield Lakes

16100 SW Century Dr, Sherwood, Oregon 97140

bed 2-3
payment $2015-2345/mo.

16540 SW Daffodil St

16540 SW Daffodil St, Sherwood, Oregon 97140

bed 3
payment $2295/mo.

17164 SW Jean Louise Rd

17164 SW Jean Louise Rd, Sherwood, Oregon 97140

bed 4
payment $2999/mo.

22347 SW Pine St

22347 SW Pine St, Sherwood, Oregon 97140

bed 2
payment $1849/mo.

23075 SW Mansfield St

23075 SW Mansfield St, Sherwood, Oregon 97140

bed 3
payment $2699/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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