Low Income Apartments and Affordable Housing For Rent in Yachats, OR

Discover affordable housing in Yachats where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Fisterra Gardens Townhome Apartments

100 Diversity Drive NE, Yachats, Oregon 97498

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Yachats, Oregon
$24.13/hour
$10.93 (+83%) more than Oregon minimum wage and $16.88 (+233%) more than the Federal minimum wage.
Learn More About Yachats, Oregon Affordable Housing ↓

What HUD offices serve Yachats, Oregon?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Yachats, Oregon.

Go to the Oregon Public Housing and Low-Income Apartments Waiting Lists page for openings near Yachats.

How many renters live in Yachats, Oregon?

The City of Yachats has 772 people living in 451 households.

There are 301 renters living in 173 renter households in this City. Renters make up 38.99 percent of the population living in Yachats.

What is the rental market like in Yachats, Oregon?

There are an estimated 863 housing units in the Yachats area. Of these, 200 units are rental homes, making up 23 percent of the housing market. For every renter household in Yachats, Oregon, there are 1 rental units.

What is the vacancy rate for rentals in Yachats?

The rental vacancy rate in Yachats is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Yachats for each bedroom size?

Occupied Rental Units by Size in Yachats
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
71 46 25 19 1
Occupied Rental Units by Size in Yachats

A large number of apartments in Yachats have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Yachats are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 27 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Yachats

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $2,162. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,274
Three BR $1,782
Four BR $2,162
2024 Fair Market Rents in Yachats, Oregon

How many units are rented at Fair Market Rent (FMR) in Yachats?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 46 65 percent
One BR 41 89 percent
Two BR 7 28 percent
Rental Units Below FMR in Yachats, Oregon

How many affordable rental units are in Yachats?

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 $1,147 and $1,401.

Sourced from federal housing data and AffordableHousingOnline.com research.