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

Discover affordable housing in Ferndale where there are 6+ 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.

Ferndale Square

2254 Main St, Ferndale, Washington 98248

Ferndale Villa

2348 Main St, Ferndale, Washington 98248

Washington Plaza

2027 Washington St, Ferndale, Washington 98248

Ferndale Manor

2075 Vista Dr, Ferndale, Washington 98248

Beacon Manor Apartments

2308 Douglas Rd, Ferndale, Washington 98248

Bellingham Ha

1231 Deer Creek Dr, Ferndale, Washington 98248

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ferndale, Washington
$29.75/hour
$13.47 (+83%) more than Washington minimum wage and $22.50 (+310%) more than the Federal minimum wage.
Learn More About Ferndale, Washington Affordable Housing ↓

What HUD offices serve Ferndale, 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), Public Housing programs for Ferndale, Washington.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV) programs for Ferndale, Washington.

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

How many renters live in Ferndale, Washington?

The City of Ferndale has 15,130 people living in 5,179 households.

There are 4,534 renters living in 1,780 renter households in this City. Renters make up 29.97 percent of the population living in Ferndale.

What is the rental market like in Ferndale, Washington?

There are an estimated 5,624 housing units in the Ferndale area. Of these, 1,946 units are rental homes, making up 35 percent of the housing market. For every renter household in Ferndale, Washington, there are 1 rental units.

What is the vacancy rate for rentals in Ferndale?

The rental vacancy rate in Ferndale is 5 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 Ferndale for each bedroom size?

Occupied Rental Units by Size in Ferndale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
160 256 737 532 60
Occupied Rental Units by Size in Ferndale

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

Among renter households in this market, 55 percent have housing cost burden. Further, 28 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 Ferndale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,254 to $2,666. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,254
One BR $1,306
Two BR $1,571
Three BR $2,214
Four BR $2,666
2024 Fair Market Rents in Ferndale, Washington

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

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 73 46 percent
One BR 106 41 percent
Two BR 683 93 percent
Rental Units Below FMR in Ferndale, Washington

How many affordable rental units are in Ferndale?

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

Federal Program Unit Count
Low Income Housing Tax Credit 50
Section 8 Project-Based Rental Assistance 68
USDA Section 515 Rural Rental Housing 38
Tracked Units by Federal Program in Ferndale, Washington

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

Income Based Apartments in Ferndale, Washington

Ferndale features 126 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 Ferndale, Washington

There are 51 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ferndale.

Housing Choice Vouchers in Ferndale, Washington

On average, Section 8 Housing Choice vouchers pay Ferndale landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Ferndale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ferndale, Washington for a two-bedroom apartment is between $1,414 and $1,728.

Sourced from federal housing data and AffordableHousingOnline.com research.