About This Property
Myrtle Terrace provides 20 low-income residential units in Myrtle Creek, Oregon, consisting of twelve 2-bedroom and eight 3-bedroom apartments. The property has been in service since 1998 and operates under 9% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Douglas County, OR
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $749 |
| 1 Bedroom | $847 |
| 2 Bedroom | $1,116 |
| 3 Bedroom | $1,585 |
| 4 Bedroom | $1,883 |
Income Limits - Douglas County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,800
- Very Low (50%)
- $23,000
- Low (80%)
- $36,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,800
- Low (80%)
- $52,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $43,300
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,800 | $23,000 | $36,750 |
| 2 Persons | $17,420 | $26,250 | $42,000 |
| 3 Persons | $21,960 | $29,550 | $47,250 |
| 4 Persons | $26,500 | $32,800 | $52,500 |
| 5 Persons | $31,040 | $35,450 | $56,700 |
| 6 Persons | $35,580 | $38,050 | $60,900 |
| 7 Persons | $40,120 | $40,700 | $65,100 |
| 8 Persons | $43,300 | $43,300 | $69,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Myrtle Creek, OR?+
The Fair Market Rent (FMR) for Douglas County, OR is: $749 (Studio), $847 (1BR), $1116 (2BR), $1585 (3BR), $1883 (4BR). Actual rent at subsidized properties like Myrtle Terrace is typically 30% of household income or less.
What size apartments are available at Myrtle Terrace?+
Myrtle Terrace offers the following unit types: 12 Two-Bedroom, 8 Three-Bedroom units, for a total of 20 units.
How do I apply for housing at Myrtle Terrace?+
Myrtle Terrace is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Myrtle Terrace?+
Myrtle Terrace is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Douglas County, OR?+
For a 4-person household in Douglas County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,800, Low Income (80% AMI): $52,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Myrtle Creek, OR?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 2-bedroom: $1116, 3-bedroom: $1585. Actual rent at Myrtle Terrace may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
