A search of the U.S. Census Bureau’s website shows Clark County has 169,746 housing units — homes, apartments, condominiums and mobile homes. But finding a decent rental at an affordable price has become an increasing problem, two recent stories in The Columbian show.
Perhaps the problem is an unwelcome leftover from the Great Recession, which still has its tentacles wrapped around Clark County’s midsection, constricting family income growth. And there are always renters who will have trouble finding housing due to prior evictions, criminal convictions and damage and disruption they caused. But the problem is bigger than that.
Take the Cox family of Camas. The family, which includes five kids, have lived in the same house for eight years, but now the landlord is selling. Mom Jacinta Cox keeps looking, but rental vacancy rates are only about 3 percent, or even lower in some areas. She recently called the landlord of what looked like a promising house, but was told she was the 70th caller.
For the 66 percent of Clark County residents who own their own homes, rents can seem ridiculously high. A three-bedroom, two-bath home in east Vancouver goes for $1,055 a month, according to Multifamily NW, a Tigard, Ore., firm that tracks local real-estate statistics for apartments and other multifamily units. Even a one-bedroom apartment costs more than $700 on average. Median household income in Clark County is $58,764.