About This Property
Valley Park East and West comprises 60 units in Auburn, Washington, with 58 designated as low-income housing. The property, placed in service in 2005, offers a unit mix of 8 one-bedroom, 28 two-bedroom, 16 three-bedroom, and 8 four-bedroom apartments that serve families, disabled individuals, and people experiencing homelessness. The development is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - King 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 | $2,211 |
| 1 Bedroom | $2,269 |
| 2 Bedroom | $2,645 |
| 3 Bedroom | $3,510 |
| 4 Bedroom | $4,080 |
Income Limits - King County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $63,350
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,300
- Low (80%)
- $72,400
- Extremely Low (30%)
- $31,250
- Very Low (50%)
- $52,100
- Low (80%)
- $81,450
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $57,850
- Low (80%)
- $90,500
- Extremely Low (30%)
- $37,500
- Very Low (50%)
- $62,500
- Low (80%)
- $97,750
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $67,150
- Low (80%)
- $105,000
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $71,750
- Low (80%)
- $112,250
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,400
- Low (80%)
- $119,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,300 | $40,500 | $63,350 |
| 2 Persons | $27,800 | $46,300 | $72,400 |
| 3 Persons | $31,250 | $52,100 | $81,450 |
| 4 Persons | $34,700 | $57,850 | $90,500 |
| 5 Persons | $37,500 | $62,500 | $97,750 |
| 6 Persons | $40,300 | $67,150 | $105,000 |
| 7 Persons | $43,050 | $71,750 | $112,250 |
| 8 Persons | $45,850 | $76,400 | $119,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Auburn, WA?+
The Fair Market Rent (FMR) for King County, WA is: $2211 (Studio), $2269 (1BR), $2645 (2BR), $3510 (3BR), $4080 (4BR). Actual rent at subsidized properties like Valley Park East and West is typically 30% of household income or less.
What size apartments are available at Valley Park East and West?+
Valley Park East and West offers the following unit types: 8 One-Bedroom, 28 Two-Bedroom, 16 Three-Bedroom, 8 Four-Bedroom units, for a total of 60 units.
Who manages Valley Park East and West?+
Valley Park East and West is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in King County, WA?+
For a 4-person household in King County, WA, the income limits are: Extremely Low Income (30% AMI): $34,700, Very Low Income (50% AMI): $57,850, Low Income (80% AMI): $90,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Auburn, WA?+
Based on Fair Market Rent for King County, the estimated price range is: 1-bedroom: $2269, 2-bedroom: $2645, 3-bedroom: $3510. Actual rent at Valley Park East and West may be lower for income-eligible households.
How do I apply for housing at Valley Park East and West?+
Valley Park East and West 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 is eligible to live at Valley Park East and West?+
Valley Park East and West primarily serves families, persons with disabilities, formerly homeless individuals, Transitional. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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