What HUD offices serve Stanwood, 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.
Go to the Washington Public Housing and Low-Income Apartments Waiting Lists page for openings near Stanwood.
How many renters live in Stanwood, Washington?
The City of Stanwood has people living in households.
What is the vacancy rate for rentals in Stanwood?
The rental vacancy rate in Stanwood is 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 Stanwood for each bedroom size?
Occupied Rental Units by Size in Stanwood
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 |
Occupied Rental Units by Size in Stanwood
Stanwood has a large number of apartments with three or more bedrooms. Families with children may have more success finding an apartment that meets their needs.
How Much Is Rent in Stanwood
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 Stanwood, Washington
How many units are rented at Fair Market Rent (FMR) in Stanwood?
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 |
Rental Units Below FMR in Stanwood, Washington
How many affordable rental units are in Stanwood?
There are a variety of federal affordable housing programs serving households in Stanwood, Washington including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Stanwood, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Stanwood, Washington
Stanwood features 282 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 Stanwood, Washington
There are 54 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stanwood.
Housing Choice Vouchers in Stanwood, Washington
On average, Section 8 Housing Choice vouchers pay Stanwood landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Stanwood.
The maximum amount a voucher would pay on behalf of a low-income tenant in Stanwood, Washington for a two-bedroom apartment is between $2,381 and $2,910.
Sourced from federal housing data and AffordableHousingOnline.com research.