Affordable Housing Hub
Low Income (LIHTC)

Des Moines Family Housing

2741 S 242nd St, Des Moines, WA, 98198

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Des Moines Family Housing comprises 43 units in Des Moines, WA, with 42 designated as low-income housing serving families. The property features a mix of unit sizes including six 1-bedroom, twenty-five 2-bedroom, and twelve 3-bedroom apartments. Placed in service in 2015, the community is funded through tax-exempt bonds and utilizes 4% LIHTC credits.

Property Details

Total Units
43
1 Bedroom
6
2 Bedroom
25
3 Bedroom
12

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$24,300
Very Low (50%)
$40,500
Low (80%)
$63,350
2 Persons
Extremely Low (30%)
$27,800
Very Low (50%)
$46,300
Low (80%)
$72,400
3 Persons
Extremely Low (30%)
$31,250
Very Low (50%)
$52,100
Low (80%)
$81,450
4 Persons
Extremely Low (30%)
$34,700
Very Low (50%)
$57,850
Low (80%)
$90,500
5 Persons
Extremely Low (30%)
$37,500
Very Low (50%)
$62,500
Low (80%)
$97,750
6 Persons
Extremely Low (30%)
$40,300
Very Low (50%)
$67,150
Low (80%)
$105,000
7 Persons
Extremely Low (30%)
$43,050
Very Low (50%)
$71,750
Low (80%)
$112,250
8 Persons
Extremely Low (30%)
$45,850
Very Low (50%)
$76,400
Low (80%)
$119,500

Tax Credit Program Details

Year Placed in Service
2015
LIHTC Credit Type
4%
Low-Income Units
42 / 43
Target Population
FamiliesLARGE FAMILY
Funding Programs
Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Des Moines, 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 Des Moines Family Housing is typically 30% of household income or less.

What size apartments are available at Des Moines Family Housing?+

Des Moines Family Housing offers the following unit types: 6 One-Bedroom, 25 Two-Bedroom, 12 Three-Bedroom units, for a total of 43 units.

Who manages Des Moines Family Housing?+

Des Moines Family Housing 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.

How do I apply for housing at Des Moines Family Housing?+

Des Moines Family Housing 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 Des Moines Family Housing?+

Des Moines Family Housing primarily serves families, LARGE FAMILY. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the price range for apartments in Des Moines, 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 Des Moines Family Housing may be lower for income-eligible households.

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Walk Score

Somewhat Walkable

64
Walk
46
Transit
57
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

King County, WA

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