Affordable Housing
KADO is within reach! We are proud to offer 20% of our apartment homes at affordable, below-market rates for households that earn up to 80% 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 courtyard, maker space, and fully-equipped fitness center. The rental rates for KADO's affordable apartments are as follows:
| APARTMENT TYPE | RENT (includes all utilities) |
|---|---|
| Studio | $1,520 |
| One Bedroom | $1,615 |
| Two Bedroom | $1,935 |
| Three Bedroom | $2,231 |
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 | $63,200 |
| 2 | $72,240 |
| 3 | $81,280 |
| 4 | $90,240 |
| 5 | $97,520 |
| 6 | $104,720 |
| 7 | $111,920 |
| 8 | $119,120 |
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.
Please contact our leasing team for more details.