Affordable Housing In Spokane
99 Low Income Apartment Communities In Spokane
Housing Authorities that serve Spokane
|Spokane Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher|
Guide To Affordable Housing in Spokane, Washington
There are 99 low income housing apartment communities offering 6,175 affordable apartments for rent in Spokane, Washington.
Income Based Apartments in Spokane, Washington
Spokane features 2,096 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 Spokane, Washington
There are 4,079 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spokane.
Housing Choice Vouchers in Spokane, Washington
On average, Section 8 Housing Choice vouchers pay Spokane landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Spokane.
The maximum amount a voucher would pay on behalf of a low-income tenant in Spokane, Washington for a two-bedroom apartment is between $819 and $1,001.
2020 Spokane, 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||$597||$696||$910||$1,305||$1,551|
|Payment Standard Range||$537 to $657||$626 to $766||$819 to $1,001||$1,175 to $1,436||$1,396 to $1,706|
Sourced from federal housing data and AffordableHousingOnline.com research.
Spokane, WA Affordable Housing Snapshot
|Total Affordable Apartment Properties||99|
|Total Low Income Apartments||6,175|
|Total Housing Units with Rental Assistance||2,096|
|Percentage of Housing Units Occupied By Renters||44.52%|
|Average Renter Household Size||2.19|
|Average Household Size||2.32|
|Median Household Income||$42,386 ±$1,139|
|Median Rent||$747 ±$11|
|Percentage Of Renters Overburdened||51.86% ± 2.3pp|
Population and Household Demographics
Spokane is a city in Spokane County, Washington with a population of 210,695. There are 87,623 households in the city with an average household size of 2.32 persons. 44.52% of households in Spokane are renters.
Income and Rent Overburden in Spokane
The median gross income for households in Spokane is $42,386 a year, or $3,532 a month. The median rent for the city is $747 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Spokane, a household making less than $2,490 a month would be considered overburdened when renting an apartment at or above the median rent. 51.86% of households who rent are overburdened in Spokane.
Area Median Income In Spokane
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 Spokane, the AMI is calculated from all households within Spokane County.
In Spokane, HUD calculates the Area Median Income for a family of four as $78,500
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 Spokane
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 Spokane
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,250||$18,600||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$27,100||$31,000||$34,850||$38,700||$41,800||$44,900||$48,000||$51,100|
|80% of Median||$43,350||$49,550||$55,750||$61,900||$66,900||$71,850||$76,800||$81,750|