Villa 40 — Income-Restricted Housing in Portland, OR 97202
3608 SE 40th Ave, Portland, OR 97202
44 units
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1988
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Nearby income-restricted buildings
Holgate House
4601 SE 39th Ave, Portland, OR 97202
0.5 mi away
80 units · 3 BR
- Apply through Housing Authority of Portland
Duplex
2815 SE Francis St, Portland, OR 97202
0.8 mi away
2 units · 1–2 BR
- Affordability period may have ended — call to confirm
Esperanza Court
3611 SE 28th Ave, Portland, OR 97202
0.8 mi away
70 units · 1–2 BR · People experiencing homelessness
Kateri Park
3640 SE 28th Ave, Portland, OR 97202
0.8 mi away
50 units · 1–4+ BR · People experiencing homelessness
Powell Blvd Apartments
2105 SE Powell Blvd, Portland, OR 97202
1.2 mi away
20 units · 19 income-restricted · Studio–2 BR · People with disabilities
Westmoreland Union Manor
6404 SE 23rd Ave, Portland, OR 97202
1.8 mi away
301 units · 284 income-restricted · Studio–1 BR
Rents and income limits in 97202
- Fair market rent, 2 bedrooms
- $2,030/mo
- Income needed to pay it at 30% of income
- $81,200/yr
- Renters in 97202 paying 30% or more of income on rent
- 51%
Income limits (2026)
Portland-Vancouver-Hillsboro, OR-WA area · median family income $128,300. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $26,950 | $44,950 | $71,900 |
| 2 | $30,800 | $51,350 | $82,150 |
| 3 | $34,650 | $57,750 | $92,400 |
| 4 | $38,500 | $64,150 | $102,650 |
| 5 | $41,600 | $69,300 | $110,900 |
| 6 | $44,700 | $74,450 | $119,100 |
| 7 | $50,040 | $79,550 | $127,300 |
| 8 | $55,720 | $84,700 | $135,500 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 97202 | Wider area |
|---|---|---|
| Studio | $1,650 | $1,527 |
| 1 bedroom | $1,770 | $1,633 |
| 2 bedrooms | $2,030 | $1,878 |
| 3 bedrooms | $2,760 | $2,550 |
| 4 bedrooms | $3,320 | $3,069 |
Wider area = Portland-Vancouver-Hillsboro, OR-WA. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,730 (97204) to $2,180 (97208).
Census figures for 97202 (2020–2024 average): median rent $1,705. Median household income $104,971. 50% of homes are rented. 51% of renters pay 30% or more of their income on rent, and 26% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 97202's fair market rent.
Estimate your Section 8 rent share for 97202Frequently Asked Questions
How do I apply to Villa 40?
No phone is listed for Villa 40. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Villa 40 Section 8 housing?
Villa 40 is listed as income-restricted housing in Portland, OR 97202 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Villa 40?
Public records list 44 units at Villa 40 in Portland, OR 97202. That is a building size, not a count of open apartments.
Are there other affordable apartments near Villa 40?
Yes — this page lists other income-restricted buildings in 97202 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Villa 40?
Call the number on this page and ask about the waiting list or how to apply at Villa 40 in Portland, OR 97202. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Portland, OR 97202?
Most income-restricted buildings in Portland, OR 97202 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $44,950, and $64,150 for a 4-person household. Public housing can go up to 80% ($71,900 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Portland, OR 97202?
For many programs in Portland, OR 97202, the 2026 HUD very low-income (50%) limit is $44,950 a year for 1 person and $64,150 for 4 people. The low-income (80%) limit is $71,900 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Portland, OR 97202?
In public housing and most Section 8 in Portland, OR 97202, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Portland, OR 97202 is $2,030 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Villa 40 take Section 8 vouchers?
This file does not say that Villa 40 has a project-based Section 8 contract. Some landlords in Portland, OR 97202 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Villa 40.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.