About This Property
Wallerwood offers 22 units of affordable housing in Salem, Oregon, with 12 one-bedroom and 10 two-bedroom apartments serving elderly and disabled residents. The property was placed in service in 2003 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Housing Authority of the City of Salem
Estimated wait times, when open, are 18-24 months for 3-bedroom units and 4-5 years for 4-5 bedroom units. Eligibility is limited to households at or below 80% income limits and requires passing criminal background checks.
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 5, 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 |
Advertisement
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 Wallerwood is typically 30% of household income or less.
What size apartments are available at Wallerwood?+
Wallerwood offers the following unit types: 12 One-Bedroom, 10 Two-Bedroom units, for a total of 22 units.
How do I apply for housing at Wallerwood?+
Wallerwood 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 Wallerwood?+
Wallerwood is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Salem, OR?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $1053, 2-bedroom: $1340. Actual rent at Wallerwood may be lower for income-eligible households.
Is there a waitlist for Wallerwood?+
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.
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 is eligible to live at Wallerwood?+
Wallerwood primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Wallerwood
Four Oaks
Salem, OR
24 UnitsRobert Lindsey Tower Site 1
Salem, OR
108 UnitsMill Creek Meadows
Salem, OR
31 Units
Housing Authority of the City of Salem
Salem, OR
3341 UnitsBluffs At Ratcliff
Salem, OR
20 UnitsHighland Manor Annex
Salem, OR
4 Units