Low Income Apartments In Thurston County
Washington

Low Income Apartments In Thurston County

Rainier Apartments

202 Edward Street
Yelm, WA
$796-846
1-2 BR
Subsidized

Evergreen Vista Apartments

1209 Fern St SW
Olympia, WA
$920-1,050
2-3 BR
HCV Welcome

Providence St Francis House

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

Evergreen Vista II

1225 Fern St SW
Olympia, WA
2-3 BR
HCV Welcome

Deschutes Cove Apartments

7201 Henderson Blvd. SE
Olympia, WA
2-3 BR
HCV Welcome

South Sound Villa Apartments

4101 Lacey Blvd SE
Lacey, WA
Subsidized

Magnolia Villa

1410 Magnolia St SE
Lacey, WA
HCV Welcome
Subsidized

Forest Grove Apartments

5701 30th Ave SE
Lacey, WA
HCV Welcome

Tumwater Apartments

5701 6th Ave SW
Tumwater, WA
62+
Accessible
Elderly Supportive Housing
Subsidized

Crowne Pointe Apartments

2800 Limited Lane Northwest
Olympia, WA
HCV Welcome

There are 34 low income housing apartment complexes which contain 2,888 affordable apartments for rent in Thurston County, Washington. Many of these rental apartments are income based housing with about 712 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 353 Project-Based Section 8 subsidized apartments in Thurston County. There are 2,176 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Thurston County

Housing Authority Programs
Housing Authority of Thurston County Section 8 Housing Choice Voucher

Guide To Affordable Housing in Thurston County, Washington

Thurston County, WA Affordable Housing Snapshot

Total Affordable Apartment Properties 34
Total Low Income Apartments 2,888
Total Rent Assisted Apartments 712
Percentage of Housing Units Occupied By Renters 35.44%
Average Renter Household Size 2.41
Total Population 262,723
Housing Units 102,631
Average Household Size 2.52
Median Household Income $61,677 ±$1,071
Median Rent $1,054 ±$19
Percentage Of Renters Overburdened 46.67% ± 2.38pp

Population and Household Demographics

Thurston County is a County in Washington with a population of 262,723. There are 102,631 households in the county with an average household size of 2.52 persons. 35.44% of households in Thurston County are renters.

Income and Rent Overburden in Thurston County

The median gross income for households in Thurston County is $61,677 a year, or $5,140 a month. The median rent for the county is $1,054 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thurston County, a household making less than $3,513 a month would be considered overburdened when renting an apartment at or above the median rent. 46.67% of households who rent are overburdened in Thurston County.1

Area Median Income In Thurston County

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.

In Thurston County, HUD calculates the Area Median Income for a family of four as $77,700

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 Thurston County

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 Thurston County HUD Rental Assistance in Thurston County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,350 $18,650 $21,000 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $27,200 $31,100 $35,000 $38,850 $42,000 $45,100 $48,200 $51,300
80% of Median $43,550 $49,750 $55,950 $62,150 $67,150 $72,100 $77,100 $82,050
Low Income Housing Tax Credits in Thurston County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2007, 17 low income apartment communities containing 1,809 rental apartments have been constructed and made affordable to low income persons in Thurston County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Thurston County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $32,640 $37,320 $42,000 $46,620 $50,400 $54,120 $57,840 $61,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Thurston County is $42,000 a year, or $3,500 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,500 by 30% to get a maximum rent of $1,050 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $680 $729 $875 $1,011 $1,128 $1,244
60% $816 $875 $1,050 $1,213 $1,353 $1,493
Fair Market Rents in Thurston County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$906 $938 $1,152 $1,666 $2,023

Cities In Thurston County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Olympia 19 The HUD funded Public Housing Agency that serves Olympia is the Housing Authority of Thurston County.
Tumwater 3
Lacey 5
Yelm 6
Bucoda 0
Grand Mound 0
Nisqually Indian Community 0
North Yelm 0
Rainier 0
Rochester 0
Tanglewilde 0
Tenino 1