About This Property
Lakewood Meadows Apartments is a 168-unit affordable housing community in Lakewood, Washington that has served elderly and disabled residents since 2001. The property contains 86 one-bedroom and 82 two-bedroom units, with 165 designated as low-income housing supported through 4% Low-Income Housing Tax Credits and tax-exempt bond financing. This non-profit owned community provides stable, affordable housing options in Pierce County.
Property Details
Fair Market Rent - Pierce 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 | $1,430 |
| 1 Bedroom | $1,603 |
| 2 Bedroom | $1,987 |
| 3 Bedroom | $2,800 |
| 4 Bedroom | $3,236 |
Income Limits - Pierce County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,100
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $24,550
- Very Low (50%)
- $40,900
- Low (80%)
- $65,400
- Extremely Low (30%)
- $27,250
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,050
- Low (80%)
- $78,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,700
- Low (80%)
- $84,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,300
- Low (80%)
- $90,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,950
- Low (80%)
- $95,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,100 | $31,800 | $50,900 |
| 2 Persons | $21,800 | $36,350 | $58,150 |
| 3 Persons | $24,550 | $40,900 | $65,400 |
| 4 Persons | $27,250 | $45,400 | $72,650 |
| 5 Persons | $31,040 | $49,050 | $78,500 |
| 6 Persons | $35,580 | $52,700 | $84,300 |
| 7 Persons | $40,120 | $56,300 | $90,100 |
| 8 Persons | $44,660 | $59,950 | $95,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lakewood, WA?+
The Fair Market Rent (FMR) for Pierce County, WA is: $1430 (Studio), $1603 (1BR), $1987 (2BR), $2800 (3BR), $3236 (4BR). Actual rent at subsidized properties like Lakewood Meadows Apartments is typically 30% of household income or less.
What size apartments are available at Lakewood Meadows Apartments?+
Lakewood Meadows Apartments offers the following unit types: 86 One-Bedroom, 82 Two-Bedroom units, for a total of 168 units.
What are the income limits for affordable housing in Pierce County, WA?+
For a 4-person household in Pierce County, WA, the income limits are: Extremely Low Income (30% AMI): $27,250, Very Low Income (50% AMI): $45,400, Low Income (80% AMI): $72,650. These limits are set by HUD and updated annually.
Who is eligible to live at Lakewood Meadows Apartments?+
Lakewood Meadows Apartments primarily serves elderly residents, persons with disabilities. 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 Lakewood, WA?+
Based on Fair Market Rent for Pierce County, the estimated price range is: 1-bedroom: $1603, 2-bedroom: $1987. Actual rent at Lakewood Meadows Apartments may be lower for income-eligible households.
Who manages Lakewood Meadows Apartments?+
Lakewood Meadows Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lakewood Meadows Apartments?+
Lakewood Meadows 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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