About This Property
Madrona Valley Apartments is a 24-unit affordable housing community in Coupeville, WA that serves low-income households. The property includes six 1-bedroom units, fourteen 2-bedroom units, and four 3-bedroom units, and has been in operation since 2007. A non-profit organization owns and manages the community, which was financed through tax-exempt bonds and is supported by 4% Low Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of Island County
The waiting list is currently open for senior/disabled individuals only (62+ or single person with handicap/disability receiving SSI); preference is given to the elderly (62+); applicants are placed by date and time received, with an approximate waiting period of 3-6 years.
The Housing Choice Voucher (Section 8) waitlist is currently closed; a lottery system was used for selection during its last opening in 2015.
Waitlist data provided by section8waitlist.org
Updated June 21, 2026
Property Details
Fair Market Rent - Island County, WA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,156 |
| 1 Bedroom | $1,236 |
| 2 Bedroom | $1,523 |
| 3 Bedroom | $2,146 |
| 4 Bedroom | $2,536 |
Income Limits - Island County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $31,950
- Low (80%)
- $51,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,950
- Low (80%)
- $57,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,300
- Low (80%)
- $74,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,500
- Low (80%)
- $79,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,700
- Low (80%)
- $84,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $27,950 | $44,700 |
| 2 Persons | $19,200 | $31,950 | $51,050 |
| 3 Persons | $21,960 | $35,950 | $57,450 |
| 4 Persons | $26,500 | $39,900 | $63,800 |
| 5 Persons | $31,040 | $43,100 | $68,950 |
| 6 Persons | $35,580 | $46,300 | $74,050 |
| 7 Persons | $40,120 | $49,500 | $79,150 |
| 8 Persons | $44,660 | $52,700 | $84,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coupeville, WA?+
The Fair Market Rent (FMR) for Island County, WA is: $1156 (Studio), $1236 (1BR), $1523 (2BR), $2146 (3BR), $2536 (4BR). Actual rent at subsidized properties like Madrona Valley Apartments is typically 30% of household income or less.
What size apartments are available at Madrona Valley Apartments?+
Madrona Valley Apartments offers the following unit types: 6 One-Bedroom, 14 Two-Bedroom, 4 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Madrona Valley Apartments?+
Madrona Valley Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Madrona Valley Apartments?+
Madrona Valley Apartments is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Madrona Valley Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Island County, WA?+
For a 4-person household in Island County, WA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,900, Low Income (80% AMI): $63,800. These limits are set by HUD and updated annually.
What is the price range for apartments in Coupeville, WA?+
Based on Fair Market Rent for Island County, the estimated price range is: 1-bedroom: $1236, 2-bedroom: $1523, 3-bedroom: $2146. Actual rent at Madrona Valley Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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