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

Discover affordable housing in Olympia where there are 45+ 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.

Evergreen Vista Apartments

1209 Fern St SW, Olympia, Washington 98502

bed 2-3
payment $920-1050/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Boardwalk Apartments

410 & 510 Capitol Way N, Olympia, Washington 98501

bed 1-2
payment $1398/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Evergreen Vista II

1225 Fern St SW, Olympia, Washington 98502

bed 2-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Deschutes Cove Apartments

7201 Henderson Blvd. SE, Olympia, Washington 98501

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

Quixote Village

3350 MOTTMAN RD SW, Olympia, Washington 98512

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Tolmie Cove

7245 32nd Ave NE, Olympia, Washington 98516

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Casa Madrona

3948 Martin Way E, Olympia, Washington 98506

bed 1
payment Subsidized

Providence St Francis House

3415 12th Ave NE, Olympia, Washington 98506

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Black Lake Apartments

1900 Black Lake Blvd SW, Olympia, Washington 98512

bed 1-3
payment $1504-1950/mo.

1146 Loyola St NE

1146 Loyola St NE, Olympia, Washington 98516

bed 4
payment $2725/mo.

8848 28th Way SE

8848 28th Way SE, Olympia, Washington 98513

bed 4
payment $2900/mo.

1516 San Francisco Ave NE

1516 San Francisco Ave NE, Olympia, Washington 98506

bed 4
payment $2650/mo.

7920 Selah St SW

7920 Selah St SW, Olympia, Washington 98512

bed 4
payment $2970/mo.

8010 S Bicentennial Loop SE

8010 S Bicentennial Loop SE, Olympia, Washington 98503

bed 3
payment $1950/mo.

317 Trailblazer St SE Unit A

317 Trailblazer St SE Unit A, Olympia, Washington 98503

bed 3
payment $1850/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

5038 Hemphill Dr SE

5038 Hemphill Dr SE, Olympia, Washington 98513

bed 3
payment $1995/mo.

7348 Ashdown Ln SE

7348 Ashdown Ln SE, Olympia, Washington 98513

bed 4
payment $2895/mo.

9305 Northwood Dr SE

9305 Northwood Dr SE, Olympia, Washington 98513

bed 4
payment $2600/mo.

8943 Wakeman Dr SE

8943 Wakeman Dr SE, Olympia, Washington 98513

bed 4
payment $2855/mo.

4540 Stonegate St SE

4540 Stonegate St SE, Olympia, Washington 98503

bed 4
payment $2850/mo.

How To Identify Affordable Housing in Olympia, 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 Olympia, Washington
$34.13/hour
$17.85 (+110%) more than Washington minimum wage and $26.88 (+371%) more than the Federal minimum wage.
Learn More About Olympia, Washington Affordable Housing ↓

What HUD offices serve Olympia, 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), Section 8 Project-Based Voucher (PBV) programs for Olympia, Washington.

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

How many renters live in Olympia, Washington?

The City of Olympia has people living in households.

There are renters living in renter households in this City. Renters make up 46.66 percent of the population living in Olympia.

What is the rental market like in Olympia, Washington?

There are an estimated housing units in the Olympia area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Olympia, Washington, there are 1.06 rental units.

What is the vacancy rate for rentals in Olympia?

The rental vacancy rate in Olympia is 4 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 Olympia for each bedroom size?

Occupied Rental Units by Size in Olympia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
820 3,356 5,282 2,672 521
Occupied Rental Units by Size in Olympia

A large number of apartments in Olympia 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 Olympia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,341 to $3,058. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,341
One BR $1,554
Two BR $1,802
Three BR $2,531
Four BR $3,058
2024 Fair Market Rents in Olympia, Washington

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

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 596 73 percent
One BR 2,525 75 percent
Two BR 2,841 54 percent
Rental Units Below FMR in Olympia, Washington

How many affordable rental units are in Olympia?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Olympia, Washington

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

Income Based Apartments in Olympia, Washington

Olympia features 504 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 1,542 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 $1,622 and $1,982.

Sourced from federal housing data and AffordableHousingOnline.com research.

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