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

Discover affordable housing in Stevenson where there are 3+ 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.

Cascade Village Apartments

530 NW Viewpoint Dr, Stevenson, Washington 98648

Rock Creek Terrace

501 SW Rock Creek Dr, Stevenson, Washington 98648

White Cap

515 NW Cheri Ln, Stevenson, Washington 98648

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Stevenson, Washington
$38.33/hour
$22.05 (+135%) more than Washington minimum wage and $31.08 (+429%) more than the Federal minimum wage.
Learn More About Stevenson, Washington Affordable Housing ↓

How many renters live in Stevenson, Washington?

The City of Stevenson has 1,697 people living in 648 households.

There are 457 renters living in 205 renter households in this City. Renters make up 26.93 percent of the population living in Stevenson.

What is the rental market like in Stevenson, Washington?

There are an estimated 757 housing units in the Stevenson area. Of these, 205 units are rental homes, making up 27 percent of the housing market. For every renter household in Stevenson, Washington, there are 1 rental units.

What is the vacancy rate for rentals in Stevenson?

The rental vacancy rate in Stevenson is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Stevenson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
47 53 81 20 0
Occupied Rental Units by Size in Stevenson

A large number of apartments in Stevenson 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 Stevenson are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 21 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 Stevenson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,650 to $3,254. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,650
One BR $1,776
Two BR $2,024
Three BR $2,809
Four BR $3,254
2024 Fair Market Rents in Stevenson, Washington

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

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
Studio 47 100 percent
One BR 53 100 percent
Two BR 76 94 percent
Rental Units Below FMR in Stevenson, Washington

How many affordable rental units are in Stevenson?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 36
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Stevenson, Washington

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

Income Based Apartments in Stevenson, Washington

Stevenson features 88 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 Stevenson, Washington

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stevenson.

Housing Choice Vouchers in Stevenson, Washington

On average, Section 8 Housing Choice vouchers pay Stevenson landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Stevenson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Stevenson, Washington for a two-bedroom apartment is between $1,822 and $2,226.

Sourced from federal housing data and AffordableHousingOnline.com research.