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Affordable Housing In Lynnwood
Snohomish County, Washington

25 Low Income Apartment Communities In Lynnwood

Lynn Crest Senior Apartments

4629 194th St SW
Lynnwood, Washington
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Alderwood Court Apartments

18420 36th Ave W
Lynnwood, Washington
Call For Rent
1-2 BR

Lynn Woods Senior Apartments

4705 194th St SW
Lynnwood, Washington
Income Based
Studio-1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Lincoln Way II Apartments

2721 Lincoln Way
Lynnwood, Washington
Income Based
1-3 BR

Lincoln Way I Apartments

2721 Lincoln Way
Lynnwood, Washington
Income Based
1-3 BR

Whispering Pines

18201 52nd Ave. West
Lynnwood, Washington
Call For Rent
1-3 BR

Beaver Cove

19800 50th Ave. W
Lynnwood, Washington
1 BR

Beaver Creek

4807 200th St SW
Lynnwood, Washington
1 BR

Garden Senior Village Apartments

6425 196th St SW
Lynnwood, Washington
Call For Rent
1-2 BR
Accessible
55+

Urban Center Apartments

15907 Ash Way
Lynnwood, Washington
Call For Rent
1-3 BR

Housing Authorities that serve Lynnwood

Housing Authority Programs
Housing Authority of Snohomish County Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV)
Everett Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Lynnwood, Washington

There are 25 low income housing apartment communities offering 2,294 affordable apartments for rent in Lynnwood, Washington.

Income Based Apartments in Lynnwood, Washington

Lynnwood features 499 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 Lynnwood, Washington

There are 1,795 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lynnwood.

Housing Choice Vouchers in Lynnwood, Washington

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lynnwood, Washington for a two-bedroom apartment is between $1,715 and $2,097.

2021 Lynnwood, Washington Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $1,523 $1,599 $1,906 $2,694 $3,172
Payment Standard Range $1,371 to $1,675 $1,439 to $1,759 $1,715 to $2,097 $2,425 to $2,963 $2,855 to $3,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Lynnwood, WA Affordable Housing Snapshot

Total Affordable Apartment Properties 25
Total Low Income Apartments 2,294
Total Housing Units with Rental Assistance 499
Percentage of Housing Units Occupied By Renters 48.76%
Average Renter Household Size 2.34
Average Household Size 2.57
Median Household Income $50,554 ±$2,624
Median Rent $1,008 ±$40
Percentage Of Renters Overburdened 55.11% ± 5.9pp
Total Population 36,491

Population and Household Demographics

Lynnwood is a city in Snohomish County, Washington with a population of 36,491. There are 13,943 households in the city with an average household size of 2.57 persons. 48.76% of households in Lynnwood are renters.

Income and Rent Overburden in Lynnwood

The median gross income for households in Lynnwood is $50,554 a year, or $4,213 a month. The median rent for the city is $1,008 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lynnwood, a household making less than $3,360 a month would be considered overburdened when renting an apartment at or above the median rent. 55.11% of households who rent are overburdened in Lynnwood.

Area Median Income In Lynnwood

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 Lynnwood, the AMI is calculated from all households within Snohomish County.

In Lynnwood, HUD calculates the Area Median Income for a family of four as $113,300

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 Lynnwood

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 Lynnwood

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $25,100 $28,650 $32,250 $35,800 $38,700 $41,550 $44,400 $47,300
50% of Median $41,800 $47,800 $53,750 $59,700 $64,500 $69,300 $74,050 $78,850
80% of Median $66,700 $76,200 $85,750 $95,250 $102,900 $110,500 $118,150 $125,750