Affordable Housing In Bellevue
King County, Washington

23 Low Income Apartment Communities In Bellevue

Eastwood Square Apartments

14531 NE 35th St
Bellevue, WA
$1,724-2,339
2-3 BR
Subsidized

Ashwood Court

11018 NE 11th St
Bellevue, WA
Call For Rent
Studio-2 BR
62+
HCV Welcome

Brandenwood Apartments

14520 NE 40th Street
Bellevue, WA
Call For Rent
1-2 BR
62+
HCV Welcome

Garden Grove

1027 140th Ave SE
Bellevue, WA
Call For Rent
1-2 BR
HCV Welcome

Vasa Creek Woods Apartments

15406 SE Newport Way
Bellevue, WA
Call For Rent
Studio-1 BR
HCV Welcome

College Place

1249 145th Place S.E.
Bellevue, WA
Call For Rent
2-3 BR
Accessible
Family & Senior

Glendale Apartments

12640 NE 10th Pl
Bellevue, WA
Call For Rent
1-2 BR
HCV Welcome

Highland Village

600 146th Ave NE
Bellevue, WA
Call For Rent
1-3 BR

Wildwood Court Apartments

436 102nd Ave SE
Bellevue, WA
Call For Rent
2-3 BR
Subsidized

30 Bellevue

3030 Bellevue Way NE
Bellevue, WA
HCV Welcome

Housing Authorities that serve Bellevue

Housing Authority Programs
King County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Guide To Affordable Housing in Bellevue, Washington

According to federal housing data and AffordableHousingOnline.com research, there are 23 low income housing apartment communities offering 1,404 affordable apartments for rent in Bellevue, Washington. Bellevue features 201 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,203 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Bellevue.

Bellevue, WA Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 1,404
Total Housing Units with Rental Assistance 201
Percentage of Housing Units Occupied By Renters 44.13%
Average Renter Household Size 2.29
Average Household Size 2.46
Median Household Income $94,638 ±$2,513
Median Rent $1,530 ±$37
Percentage Of Renters Overburdened 36.68% ± 2.91pp
Total Population 134,630

Population and Household Demographics

Bellevue is a City in King County, Washington with a population of 134,630. There are 54,216 households in the city with an average household size of 2.46 persons. 44.13% of households in Bellevue are renters.

Income and Rent Overburden in Bellevue

The median gross income for households in Bellevue is $94,638 a year, or $7,887 a month. The median rent for the city is $1,530 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bellevue, a household making less than $5,100 a month would be considered overburdened when renting an apartment at or above the median rent. 36.68% of households who rent are overburdened in Bellevue.1

Area Median Income In Bellevue

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bellevue, the AMI is calculated from all households within King County.

In Bellevue, HUD calculates the Area Median Income for a family of four as $108,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bellevue

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Bellevue HUD Rental Assistance in Bellevue

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $23,250 $26,600 $29,900 $33,200 $35,900 $38,550 $41,200 $43,850
50% of Median $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100
80% of Median $61,800 $70,600 $79,450 $88,250 $95,350 $102,400 $109,450 $116,500
Low Income Housing Tax Credits in Bellevue

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2006, 12 low income apartment communities containing 976 rental apartments have been constructed and made affordable to low income persons in Bellevue by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Bellevue

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100
60% of Median $46,500 $53,160 $59,820 $66,420 $71,760 $77,100 $82,380 $87,720

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Bellevue is $59,820 a year, or $4,985 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,985 by 30% to get a maximum rent of $1,496 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $969 $1,038 $1,246 $1,439 $1,606 $1,772
60% $1,163 $1,246 $1,496 $1,727 $1,928 $2,126
Fair Market Rents in Bellevue

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,627 $1,741 $2,099 $2,993 $3,524