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
Applications are accepted for 2-bedroom and 3-bedroom apartments at Parkway East. Families with children, elderly, and disabled individuals may receive priority placement. Income limits apply.
Accepting applications for Parkway West Apartments 2-bedroom and 3-bedroom waiting lists. Applications will be placed on the waiting list in date and time order. A small number of units are restricted to households earning at or below 50% AMI, or up to 80% AMI. Most units are restricted to households earning at or below 60% AMI.
Waitlist data provided by section8waitlist.org
Updated May 8, 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.
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 manages Stoneridge Ii?+
Stoneridge Ii is managed by . You can reach them at . Visit their website for more information.
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 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 Closing Soon but will be closing soon. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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