About This Property
Stoneridge II comprises 59 two-bedroom units serving low-income families in Salem, Oregon. The property was placed in service in 1989 and operates under 9% Low-Income Housing Tax Credit financing. A property management company oversees daily operations at this Marion County residence.
Waitlist Information
Waitlist managed by Housing Authority of the City of Salem
The public housing waitlist is currently closed. When open, estimated wait times for 3-bedroom units are 18-24 months and 4-5 years for 4-5 bedroom units. Public housing is limited to households at or below the 80% income limit.
The Section 8 wait list is currently closed, but opens periodically as needed. SHA does not provide applicants their waiting list position and is not able tell you how long your wait will be.
Waitlist data provided by section8waitlist.org
Updated September 9, 2026
Property Details
Fair Market Rent - Marion 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 | $997 |
| 1 Bedroom | $1,053 |
| 2 Bedroom | $1,340 |
| 3 Bedroom | $1,888 |
| 4 Bedroom | $2,095 |
Income Limits - Marion County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,850
- Very Low (50%)
- $24,750
- Low (80%)
- $39,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,300
- Low (80%)
- $45,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,850
- Low (80%)
- $50,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,350
- Low (80%)
- $56,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,200
- Low (80%)
- $61,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,050
- Low (80%)
- $65,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,850
- Low (80%)
- $70,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,850 | $24,750 | $39,600 |
| 2 Persons | $17,420 | $28,300 | $45,250 |
| 3 Persons | $21,960 | $31,850 | $50,900 |
| 4 Persons | $26,500 | $35,350 | $56,550 |
| 5 Persons | $31,040 | $38,200 | $61,100 |
| 6 Persons | $35,580 | $41,050 | $65,600 |
| 7 Persons | $40,120 | $43,850 | $70,150 |
| 8 Persons | $44,660 | $46,700 | $74,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Salem, OR?+
The Fair Market Rent (FMR) for Marion County, OR is: $997 (Studio), $1053 (1BR), $1340 (2BR), $1888 (3BR), $2095 (4BR). Actual rent at subsidized properties like Stoneridge Ii is typically 30% of household income or less.
What size apartments are available at Stoneridge Ii?+
Stoneridge Ii offers the following unit types: 59 Two-Bedroom units, for a total of 59 units.
What is the price range for apartments in Salem, OR?+
Based on Fair Market Rent for Marion County, the estimated price range is: 2-bedroom: $1340. Actual rent at Stoneridge Ii may be lower for income-eligible households.
Is there a waitlist for Stoneridge Ii?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Stoneridge Ii?+
Stoneridge Ii 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 is eligible to live at Stoneridge Ii?+
Stoneridge Ii primarily serves families. 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 Marion County, OR?+
For a 4-person household in Marion County, OR, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,350, Low Income (80% AMI): $56,550. These limits are set by HUD and updated annually.
Who manages Stoneridge Ii?+
Stoneridge Ii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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