Electro Apartments Contact Form

Electro Apartments is an affordable housing community. Affordable housing provides financial stability by offering high-quality homes at rents lower than market-rate apartments. Unlike subsidized housing, rents are not income-based or adjusted. Instead, rents for each unit type are set at a fixed rate based on local income guidelines.  

Households comprised entirely of full time students are not eligible for the affordable housing program unless the household meets one of five student exceptions, please contact management for more details.

For questions contact leasing@electroapartments.com

 

*Reminder: We are under construction until December!

Income Requirements: Electro Apartments is an affordable housing community. To qualify, your household's total income must be at or below 60% of the Area Median Income (AMI) for Marion County.

60% Annual Monthly Income

Household Size     Max Annual Income

1 Person                 $42,780

2 People                 $48,900

3 People                 $55,020

4 People                 $61,080

5 People                 $66,000

6 People                 $70,860

7 People                 $75,780

 

Annual income includes all amounts received from all sources by each household member, such as wages, tips, and child support, unless specifically excluded by HUD regulations (24 CFR 5.609).

Your household's gross (before-tax) monthly income must be at least 1.5 times the monthly rent. We make exceptions if you have guaranteed rental assistance for at least six months, or verified assets that can cover rent and utilities for at least six months. If you receive rental assistance, we use only the part of the rent you pay yourself to check whether you meet the 1.5x requirement.

Unit Types and Rents:

Unit Type                                Sq Ft         60% AMI Rent

Studio / 1 Bathroom               380 SF             $964

1 Bedroom 1 Bathroom           552 SF             $1,026

 

Applicants referred by Mid-Willamette Valley Community Action Agency (MWVCAA) are placed on the waitlist ahead of applicants without a referral. All applicants must still meet program eligibility requirements.