Affordable Housing In Island County
17 Low Income Apartment Communities In Island County
Housing Authorities that serve Island County
|Island County Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Island County, Washington
There are 17 low income housing apartment communities offering 642 affordable apartments for rent in Island County, Washington.
Income Based Apartments in Island County, Washington
Island County features 368 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 Island County, Washington
There are 274 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Island County.
Housing Choice Vouchers in Island County, Washington
On average, Section 8 Housing Choice vouchers pay Island County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Island County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Island County, WA Affordable Housing Snapshot
|Total Affordable Apartment Properties||17|
|Total Low Income Apartments||642|
|Total Housing Units with Rental Assistance||368|
|Percentage of Housing Units Occupied By Renters||32.24%|
|Average Renter Household Size||2.34|
|Average Household Size||2.33|
|Median Household Income||$58,815 ±$2,402|
|Median Rent||$1,076 ±$32|
|Percentage Of Renters Overburdened||46.24% ± 3.58pp|
Population and Household Demographics
Island County is a County in Washington with a population of 79,329. There are 33,125 households in the county with an average household size of 2.33 persons. 32.24% of households in Island County are renters.
Income and Rent Overburden in Island County
The median gross income for households in Island County is $58,815 a year, or $4,901 a month. The median rent for the county is $1,076 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Island County, a household making less than $3,587 a month would be considered overburdened when renting an apartment at or above the median rent. 46.24% of households who rent are overburdened in Island County.1
Area Median Income In Island County
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.
In Island County, HUD calculates the Area Median Income for a family of four as $73,900
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 Island County
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 HUD Rental Assistance in Island County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,550||$17,750||$21,330||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$25,900||$29,600||$33,300||$36,950||$39,950||$42,900||$45,850||$48,800|
|80% of Median||$41,400||$47,300||$53,200||$59,100||$63,850||$68,600||$73,300||$78,050|