Affordable Housing In Olympia
Thurston County, Washington


Waiting List Openings In Olympia

Waiting ListStatus
Housing Authority of Thurston County Housing Choice Voucher Open Now
Housing Authority of Thurston County Project-Based Voucher Open Now
Housing Authority of Thurston County Other Open Now

19 Low Income Apartment Communities In Olympia

Evergreen Vista Apartments

1209 Fern St SW
Olympia, WA
$920-1,050
2-3 BR
Accepts Vouchers

Providence St Francis House

3415 12th Ave NE
Olympia, WA
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Evergreen Vista II

1225 Fern St SW
Olympia, WA
Call For Rent
2-3 BR
Accepts Vouchers

Casa Madrona

3948 Martin Way E
Olympia, WA
Call For Rent
1 BR
Accessible
62+

Deschutes Cove Apartments

7201 Henderson Blvd. SE
Olympia, WA
Call For Rent
2-3 BR
Accepts Vouchers

Crowne Pointe Apartments

2800 Limited Lane Northwest
Olympia, WA
Accepts Vouchers

Evergreen Village

505 Division St NW
Olympia, WA
Subsidized

Olympian Apartments

519 Washington St SE
Olympia, WA
Subsidized

Courtside Apartments

600 Yauger Way SW
Olympia, WA
Accepts Vouchers

Washington

119 7th Ave SE
Olympia, WA
Accepts Vouchers

Housing Authorities that serve Olympia

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

Guide To Affordable Housing in Olympia, Washington

There are 19 low income housing apartment communities offering 1,954 affordable apartments for rent in Olympia, Washington.

Income Based Apartments in Olympia, Washington

Olympia features 495 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 Olympia, Washington

There are 1,459 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Olympia.

Housing Choice Vouchers in Olympia, Washington

On average, Section 8 Housing Choice vouchers pay Olympia landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Olympia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Olympia, Washington for a two-bedroom apartment is between $1,054 and $1,288.

2020 Olympia, 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 $954 $960 $1,171 $1,689 $2,056
Payment Standard Range $859 to $1,049 $864 to $1,056 $1,054 to $1,288 $1,520 to $1,858 $1,850 to $2,262

Sourced from federal housing data and AffordableHousingOnline.com research.

Olympia, WA Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,954
Total Housing Units with Rental Assistance 495
Percentage of Housing Units Occupied By Renters 52.18%
Average Renter Household Size 2.05
Average Household Size 2.28
Median Household Income $53,617 ±$3,814
Median Rent $952 ±$28
Percentage Of Renters Overburdened 52.33% ± 4.56pp
Total Population 48,941

Population and Household Demographics

Olympia is a City in Thurston County, Washington with a population of 48,941. There are 20,870 households in the city with an average household size of 2.28 persons. 52.18% of households in Olympia are renters.

Income and Rent Overburden in Olympia

The median gross income for households in Olympia is $53,617 a year, or $4,468 a month. The median rent for the city is $952 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Olympia, a household making less than $3,173 a month would be considered overburdened when renting an apartment at or above the median rent. 52.33% of households who rent are overburdened in Olympia.1

Area Median Income In Olympia

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 Olympia, the AMI is calculated from all households within Thurston County.

In Olympia, HUD calculates the Area Median Income for a family of four as $83,700

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 Olympia

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 Olympia HUD Rental Assistance in Olympia

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,600 $20,100 $22,600 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $29,300 $33,500 $37,700 $41,850 $45,200 $48,550 $51,900 $55,250
80% of Median $46,900 $53,600 $60,300 $66,950 $72,350 $77,700 $83,050 $88,400