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
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 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.
Who manages Wallerwood?+
Wallerwood is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Wallerwood?+
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.
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.
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.
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.
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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