About This Property
The Myrtlewood offers 35 one-bedroom units in Springfield, Oregon, with 34 designated as low-income housing. Placed in service in 2018, the property serves families and disabled individuals and is funded through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Lane 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 | $953 |
| 1 Bedroom | $1,063 |
| 2 Bedroom | $1,397 |
| 3 Bedroom | $1,969 |
| 4 Bedroom | $2,371 |
Income Limits - Lane County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,500
- Low (80%)
- $45,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,050
- Low (80%)
- $51,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,300
- Low (80%)
- $66,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,000
- Low (80%)
- $75,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,950 | $39,900 |
| 2 Persons | $17,420 | $28,500 | $45,600 |
| 3 Persons | $21,960 | $32,050 | $51,300 |
| 4 Persons | $26,500 | $35,600 | $56,950 |
| 5 Persons | $31,040 | $38,450 | $61,550 |
| 6 Persons | $35,580 | $41,300 | $66,100 |
| 7 Persons | $40,120 | $44,150 | $70,650 |
| 8 Persons | $44,660 | $47,000 | $75,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Springfield, OR?+
The Fair Market Rent (FMR) for Lane County, OR is: $953 (Studio), $1063 (1BR), $1397 (2BR), $1969 (3BR), $2371 (4BR). Actual rent at subsidized properties like Myrtlewood, The is typically 30% of household income or less.
What size apartments are available at Myrtlewood, The?+
Myrtlewood, The offers the following unit types: 35 One-Bedroom units, for a total of 35 units.
Who is eligible to live at Myrtlewood, The?+
Myrtlewood, The primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Lane County, OR?+
For a 4-person household in Lane County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,600, Low Income (80% AMI): $56,950. These limits are set by HUD and updated annually.
What is the price range for apartments in Springfield, OR?+
Based on Fair Market Rent for Lane County, the estimated price range is: 1-bedroom: $1063. Actual rent at Myrtlewood, The may be lower for income-eligible households.
Who manages Myrtlewood, The?+
Myrtlewood, The is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Myrtlewood, The?+
Myrtlewood, The 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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