Affordable Housing Hub
Low Income (LIHTC)

Troutdale Terrace Apts

639 SW 257th Ave, Troutdale, OR, 97060

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Troutdale Terrace Apts comprises 228 units in Troutdale, Oregon, with 226 units designated as low-income housing serving families. The property offers a mix of one, two, and three-bedroom floor plans, with 24 one-bedroom, 152 two-bedroom, and 52 three-bedroom units available. The community has been in service since 2002 and is financed through tax-exempt bonds and FHA funding.

Property Details

Total Units
228
1 Bedroom
24
2 Bedroom
152
3 Bedroom
52

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$20,300
Very Low (50%)
$33,850
Low (80%)
$54,150
2 Persons
Extremely Low (30%)
$23,200
Very Low (50%)
$38,700
Low (80%)
$61,900
3 Persons
Extremely Low (30%)
$26,100
Very Low (50%)
$43,550
Low (80%)
$69,650
4 Persons
Extremely Low (30%)
$29,000
Very Low (50%)
$48,350
Low (80%)
$77,350
5 Persons
Extremely Low (30%)
$31,350
Very Low (50%)
$52,250
Low (80%)
$83,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$56,100
Low (80%)
$89,750
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$60,000
Low (80%)
$95,950
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$63,850
Low (80%)
$102,150

Tax Credit Program Details

Year Placed in Service
2002
LIHTC Credit Type
4%
Low-Income Units
226 / 228
Target Population
Families
Funding Programs
FHA InsuredTax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Troutdale, 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 Troutdale Terrace Apts is typically 30% of household income or less.

What size apartments are available at Troutdale Terrace Apts?+

Troutdale Terrace Apts offers the following unit types: 24 One-Bedroom, 152 Two-Bedroom, 52 Three-Bedroom units, for a total of 228 units.

Who is eligible to live at Troutdale Terrace Apts?+

Troutdale Terrace Apts 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 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.

Who manages Troutdale Terrace Apts?+

Troutdale Terrace Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Troutdale, OR?+

Based on Fair Market Rent for Multnomah County, the estimated price range is: 1-bedroom: $1776, 2-bedroom: $2024, 3-bedroom: $2809. Actual rent at Troutdale Terrace Apts may be lower for income-eligible households.

How do I apply for housing at Troutdale Terrace Apts?+

Troutdale Terrace Apts 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.

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Walk Score

Car-Dependent

43
Walk
44
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Multnomah County, OR

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