About This Property
Vermont Springs offers 15 one-bedroom units in Portland and serves residents with disabilities. The property was placed in service in 2007 and operates as a non-profit owned community with low-income housing tax credit financing. All 15 units are designated as low-income housing.
Waitlist Information
Waitlist managed by Housing Authority of Portland (Homeforward)
Waitlists for Home Forward apartment communities (property-based) were last opened in April 2025. Selection is by lottery, and some properties may have preferences for seniors and/or disabled individuals. Waitlists open as units become vacant.
The HCV waitlist is closed. It was last opened in April 2025. Home Forward has paused issuing vouchers and cannot select any households from the HCV waitlist due to a HUD-determined shortfall status for 2025. Applicants selected in April 2025 will be notified by the end of September 2025.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Multnomah 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 | $1,650 |
| 1 Bedroom | $1,776 |
| 2 Bedroom | $2,024 |
| 3 Bedroom | $2,809 |
| 4 Bedroom | $3,254 |
Income Limits - Multnomah County, OR
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $23,200
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $26,100
- Very Low (50%)
- $43,550
- Low (80%)
- $69,650
- Extremely Low (30%)
- $29,000
- Very Low (50%)
- $48,350
- Low (80%)
- $77,350
- Extremely Low (30%)
- $31,350
- Very Low (50%)
- $52,250
- Low (80%)
- $83,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,100
- Low (80%)
- $89,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,000
- Low (80%)
- $95,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,850
- Low (80%)
- $102,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,300 | $33,850 | $54,150 |
| 2 Persons | $23,200 | $38,700 | $61,900 |
| 3 Persons | $26,100 | $43,550 | $69,650 |
| 4 Persons | $29,000 | $48,350 | $77,350 |
| 5 Persons | $31,350 | $52,250 | $83,550 |
| 6 Persons | $35,580 | $56,100 | $89,750 |
| 7 Persons | $40,120 | $60,000 | $95,950 |
| 8 Persons | $44,660 | $63,850 | $102,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Portland, OR?+
The Fair Market Rent (FMR) for Multnomah County, OR is: $1650 (Studio), $1776 (1BR), $2024 (2BR), $2809 (3BR), $3254 (4BR). Actual rent at subsidized properties like Vermont Springs is typically 30% of household income or less.
What size apartments are available at Vermont Springs?+
Vermont Springs offers the following unit types: 15 One-Bedroom units, for a total of 15 units.
What are the income limits for affordable housing in Multnomah County, OR?+
For a 4-person household in Multnomah County, OR, the income limits are: Extremely Low Income (30% AMI): $29,000, Very Low Income (50% AMI): $48,350, Low Income (80% AMI): $77,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Portland, OR?+
Based on Fair Market Rent for Multnomah County, the estimated price range is: 1-bedroom: $1776. Actual rent at Vermont Springs may be lower for income-eligible households.
Who is eligible to live at Vermont Springs?+
Vermont Springs primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the HUD inspection score for Vermont Springs?+
Vermont Springs has a HUD inspection score of 90 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Vermont Springs?+
Vermont Springs is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Vermont Springs?+
Vermont Springs 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.
Is there a waitlist for Vermont Springs?+
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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