Low Income Apartments and Affordable Housing For Rent in Lake Stevens, WA

Discover affordable housing in Lake Stevens where there are 32+ 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.

9903 30th St NE Unit A

9903 30th St NE Unit A, Lake Stevens, Washington 98258

bed 4
payment $2695/mo.

8431 10th Pl SE

8431 10th Pl SE, Lake Stevens, Washington 98258

bed 4
payment $2999/mo.

9519 17th Pl NE

9519 17th Pl NE, Lake Stevens, Washington 98258

bed 3
payment $2950/mo.

1736 99th Ave SE

1736 99th Ave SE, Lake Stevens, Washington 98258

bed 3
payment $3500/mo.

1007 86th Ave SE

1007 86th Ave SE, Lake Stevens, Washington 98258

bed 4
payment $3100/mo.

9410 16th Pl NE

9410 16th Pl NE, Lake Stevens, Washington 98258

bed 3
payment $2795/mo.

5510 99th Ave NE Unit Mother In Law Suite

5510 99th Ave NE Unit Mother In Law Suite, Lake Stevens, Washington 98258

bed 1
payment $1550/mo.

2728 84th Dr NE

2728 84th Dr NE, Lake Stevens, Washington 98258

bed 3
payment $3200/mo.

8329 4th St NE

8329 4th St NE, Lake Stevens, Washington 98258

bed 3
payment $2750/mo.

1917 98th Ave SE

1917 98th Ave SE, Lake Stevens, Washington 98258

bed 5
payment $3540/mo.

730 85th Dr SE

730 85th Dr SE, Lake Stevens, Washington 98258

bed 3
payment $3495/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Glenwood Senior

9808 4th St NE, Lake Stevens, Washington 98258

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Lake Stevens, Washington

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake Stevens, Washington
$50.09/hour
$33.81 (+208%) more than Washington minimum wage and $42.84 (+591%) more than the Federal minimum wage.
Learn More About Lake Stevens, Washington Affordable Housing ↓

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

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

How many renters live in Lake Stevens, Washington?

The City of Lake Stevens has people living in households.

There are renters living in renter households in this City. Renters make up 25.11 percent of the population living in Lake Stevens.

What is the rental market like in Lake Stevens, Washington?

There are an estimated housing units in the Lake Stevens area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lake Stevens, Washington, there are 1.03 rental units.

What is the vacancy rate for rentals in Lake Stevens?

The rental vacancy rate in Lake Stevens is 2 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 Lake Stevens for each bedroom size?

Occupied Rental Units by Size in Lake Stevens
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 202 810 1,235 514
Occupied Rental Units by Size in Lake Stevens

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

How Much Is Rent in Lake Stevens

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,211 to $4,080. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,211
One BR $2,269
Two BR $2,645
Three BR $3,510
Four BR $4,080
2024 Fair Market Rents in Lake Stevens, Washington

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

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 0 100 percent
One BR 181 90 percent
Two BR 261 32 percent
Rental Units Below FMR in Lake Stevens, Washington

How many affordable rental units are in Lake Stevens?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Lake Stevens, Washington

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

Income Based Apartments in Lake Stevens, Washington

Lake Stevens features 222 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 Lake Stevens, Washington

There are 82 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake Stevens.

Housing Choice Vouchers in Lake Stevens, Washington

On average, Section 8 Housing Choice vouchers pay Lake Stevens landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Lake Stevens.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake Stevens, Washington for a two-bedroom apartment is between $2,381 and $2,910.

Sourced from federal housing data and AffordableHousingOnline.com research.

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