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Affordable Housing In Troutdale
Multnomah County, Oregon

3 Low Income Apartment Communities In Troutdale

Cherry Ridge

2295 SW Sturges Ln
Troutdale, Oregon

Troutdale Terrace Apartments

639 SW 257th Ave
Troutdale, Oregon

Hewitt Place ( Section 1602 )

838 SW 28th St
Troutdale, Oregon
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Housing Authorities that serve Troutdale

Housing Authority Programs
Home Forward Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Troutdale, Oregon

There are 3 low income housing apartment communities offering 432 affordable apartments for rent in Troutdale, Oregon.

Income Based Apartments in Troutdale, Oregon

Troutdale 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 Troutdale, Oregon

There are 432 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Troutdale.

Housing Choice Vouchers in Troutdale, Oregon

On average, Section 8 Housing Choice vouchers pay Troutdale landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Troutdale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Troutdale, Oregon for a two-bedroom apartment is between $1,346 and $1,645.

2020 Troutdale, Oregon Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $1,192 $1,289 $1,495 $2,157 $2,625
Payment Standard Range $1,073 to $1,311 $1,160 to $1,418 $1,346 to $1,645 $1,941 to $2,373 $2,363 to $2,888

Sourced from federal housing data and research.

Troutdale, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 432
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 36.54%
Average Renter Household Size 2.62
Average Household Size 2.82
Median Household Income $60,340 ±$6,407
Median Rent $980 ±$29
Percentage Of Renters Overburdened 55.16% ± 9.27pp
Total Population 16,479

Population and Household Demographics

Troutdale is a city in Multnomah County, Oregon with a population of 16,479. There are 5,830 households in the city with an average household size of 2.82 persons. 36.54% of households in Troutdale are renters.

Income and Rent Overburden in Troutdale

The median gross income for households in Troutdale is $60,340 a year, or $5,028 a month. The median rent for the city is $980 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Troutdale, a household making less than $3,267 a month would be considered overburdened when renting an apartment at or above the median rent. 55.16% of households who rent are overburdened in Troutdale.

Area Median Income In Troutdale

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 Troutdale, the AMI is calculated from all households within Multnomah County.

In Troutdale, HUD calculates the Area Median Income for a family of four as $92,100

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 Troutdale

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 HUD Rental Assistance in Troutdale

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,400 $22,150 $24,900 $27,650 $30,680 $35,160 $39,640 $44,120
50% of Median $32,250 $36,850 $41,450 $46,050 $49,750 $53,450 $57,150 $60,800
80% of Median $51,600 $59,000 $66,350 $73,700 $79,600 $85,500 $91,400 $97,300