Affordable Housing In Yachats
Lincoln County, Oregon

1 Low Income Apartment Communities In Yachats

Fisterra Gardens Townhome Apartments

100 Diversity Drive NE
Yachats, OR
Call For Rent
Studio-3 BR
Accepts Vouchers
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Housing Authorities that serve Yachats

Housing Authority Programs
Housing Authority of Lincoln County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Yachats, Oregon

There are 1 low income housing apartment communities offering 25 affordable apartments for rent in Yachats, Oregon.

Income Based Apartments in Yachats, Oregon

Yachats 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 Yachats, Oregon

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yachats.

Housing Choice Vouchers in Yachats, Oregon

On average, Section 8 Housing Choice vouchers pay Yachats landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Yachats.

The maximum amount a voucher would pay on behalf of a low-income tenant in Yachats, Oregon for a two-bedroom apartment is between $911 and $1,113.

2020 Yachats, 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 $659 $812 $1,012 $1,460 $1,767
Payment Standard Range $593 to $725 $731 to $893 $911 to $1,113 $1,314 to $1,606 $1,590 to $1,944

Sourced from federal housing data and AffordableHousingOnline.com research.

Yachats, OR Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 25
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 36.83%
Average Renter Household Size 2.02
Average Household Size 1.86
Median Household Income $43,352 ±$6,194
Median Rent $903 ±$110
Percentage Of Renters Overburdened 66.92% ± 17.68pp
Total Population 658

Population and Household Demographics

Yachats is a City in Lincoln County, Oregon with a population of 658. There are 353 households in the city with an average household size of 1.86 persons. 36.83% of households in Yachats are renters.

Income and Rent Overburden in Yachats

The median gross income for households in Yachats is $43,352 a year, or $3,613 a month. The median rent for the city is $903 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Yachats, a household making less than $3,010 a month would be considered overburdened when renting an apartment at or above the median rent. 66.92% of households who rent are overburdened in Yachats.1

Area Median Income In Yachats

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 Yachats, the AMI is calculated from all households within Lincoln County.

In Yachats, HUD calculates the Area Median Income for a family of four as $54,500

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 Yachats

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 Yachats

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $33,350 $35,650 $37,950
50% of Median $20,150 $23,000 $25,900 $28,750 $31,050 $33,350 $35,650 $37,950
80% of Median $32,200 $36,800 $41,400 $46,000 $49,700 $53,400 $57,050 $60,750