At Amara we are proud to offer 6 of our 3-bedroom homes at below-market rates for households that earn up to 60% of Portland's median family income. All of our apartments come with the same high-end finishes like quartz counters and plank flooring, and access to luxurious amenities like our rooftop and fully-equipped fitness center. The rental rates for Amara's affordable apartments are as follows:
| APARTMENT TYPE | RENT (includes water, sewer, gas, trash) |
|---|---|
| Three Bedroom | $1,700 |
In order to qualify, your family's income must not exceed the limits set by Portland Housing Bureau. The current income limits are listed below:
| Household Size | Income Limit |
|---|---|
| 1 | $52, 140 |
| 2 | $59,580 |
| 3 | $67,020 |
| 4 | $74,460 |
| 5 | $80,460 |
| 6 | $86,400 |
| 7 | $92,340 |
The following are a few of the steps employed to determine your eligibility. This is not a complete list of the requirements.
- Your qualification is based on the entire household's income including wages, social security, pensions or disability income, unemployment compensation, alimony or child support income, and income from assets.
- Qualification is determined at the time of your initial application.
- Your income can exceed the income limits after occupancy with no impact on your rent.
- Income is defined as the gross amount of income anticipated to be received by all members of the household, with some exceptions, during a 12-month period following the lease start date.
