Portland, Oregon

Tax credit apartments in Portland 97212

10 properties in ZIP code 97212 with 608 income-restricted apartments, from HUD's LIHTC database. All of Portland.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Albina Corner

409 NE San Rafael St, Portland, OR 97212

Apartments
48
Income-restricted
48
Placed in service
1996

Allen Freemont Plaza

221 NE Fremont St, Portland, OR 97212

HUD lists it as senior housing

Apartments
64
Income-restricted
64
Placed in service
1997

Beatrice Morrow Apts

3368 NE Martin Luther King Jr Blvd, Portland, OR 97212

4 studio, 32 1BR, 32 2BR, 12 3BR

Apartments
80
Income-restricted
80
Placed in service
2018

Beech Street Apts

3650 NE Mallory Ave, Portland, OR 97212

25 3BR, 7 4BR

Apartments
32
Income-restricted
32
Placed in service
2014

Bookmark

2034 NE 40th Ave, Portland, OR 97212

1 studio, 36 1BR, 11 2BR

Apartments
47
Income-restricted
19
Placed in service
2002

Commons, The

5800 NE Center Commons Way, Portland, OR 97212

HUD lists it as senior housing · 148 1BR, 24 2BR

Apartments
172
Income-restricted
172
Placed in service
2018

Garlington Housing

3080 NE Mlk Jr Blvd, Portland, OR 97212

6 studio, 40 1BR, 6 2BR

Apartments
52
Income-restricted
52
Placed in service
2018

Moles Rentals

4064 NE Mallory Ave, Portland, OR 97212

3 2BR, 4 3BR

Apartments
7
Income-restricted
7
Placed in service
1990

Shaver Green

375 NE Shaver St, Portland, OR 97212

59 1BR, 25 2BR, 1 3BR

Apartments
85
Income-restricted
85
Placed in service
2009

The Magnolia

3250 NE Mlk Jr Blvd, Portland, OR 97212

3 studio, 33 1BR, 13 2BR

Apartments
49
Income-restricted
49
Placed in service
2013

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024).

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.