Low Income Apartments and Affordable Housing For Rent in Raymond, WA

Discover affordable housing in Raymond where there are 5+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Raymond House Senior Apartments

331 1st Street, Raymond, Washington 98577

Raymond Manor

434 6th Street, Raymond, Washington  9857

Riverdale Heights

1220 Willapa St, Raymond, Washington 98577

Riverdale Heights

1143 Cedar St, Raymond, Washington 98577

Raymond Willapa Comm Dev 00 - 40498 - 252

215 3rd St, Raymond, Washington 98577

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Raymond, Washington
$21.06/hour
$4.78 (+29%) more than Washington minimum wage and $13.81 (+190%) more than the Federal minimum wage.
Learn More About Raymond, Washington Affordable Housing ↓

What HUD offices serve Raymond, Washington?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Raymond, Washington.

Go to the Washington Public Housing and Low-Income Apartments Waiting Lists page for openings near Raymond.

How many renters live in Raymond, Washington?

The City of Raymond has 3,092 people living in 1,338 households.

There are 493 renters living in 235 renter households in this City. Renters make up 15.94 percent of the population living in Raymond.

What is the rental market like in Raymond, Washington?

There are an estimated 1,431 housing units in the Raymond area. Of these, 255 units are rental homes, making up 18 percent of the housing market. For every renter household in Raymond, Washington, there are 1 rental units.

What is the vacancy rate for rentals in Raymond?

The rental vacancy rate in Raymond is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Raymond for each bedroom size?

Occupied Rental Units by Size in Raymond
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 28 134 32 33
Occupied Rental Units by Size in Raymond

A large number of apartments in Raymond have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Raymond are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 19 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Raymond

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $754 to $1,887. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $754
One BR $846
Two BR $1,112
Three BR $1,504
Four BR $1,887
2024 Fair Market Rents in Raymond, Washington

How many units are rented at Fair Market Rent (FMR) in Raymond?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 28 100 percent
Two BR 98 73 percent
Rental Units Below FMR in Raymond, Washington

How many affordable rental units are in Raymond?

There are a variety of federal affordable housing programs serving households in Raymond, Washington including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 31
USDA Section 515 Rural Rental Housing 62
Tracked Units by Federal Program in Raymond, Washington

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Raymond, Washington

Raymond features 97 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Raymond, Washington

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Raymond.

Housing Choice Vouchers in Raymond, Washington

On average, Section 8 Housing Choice vouchers pay Raymond landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Raymond.

The maximum amount a voucher would pay on behalf of a low-income tenant in Raymond, Washington for a two-bedroom apartment is between $1,001 and $1,223.

Sourced from federal housing data and AffordableHousingOnline.com research.