About This Property
Legacy Park Apartments comprises 107 units in Lakewood, Washington, with 105 units designated as low-income housing serving families. The property includes 16 one-bedroom, 62 two-bedroom, and 29 three-bedroom units and has been in service since 2002. Financing for the development includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
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 Legacy Park Apartments is typically 30% of household income or less.
What size apartments are available at Legacy Park Apartments?+
Legacy Park Apartments offers the following unit types: 16 One-Bedroom, 62 Two-Bedroom, 29 Three-Bedroom units, for a total of 107 units.
Who is eligible to live at Legacy Park Apartments?+
Legacy Park Apartments primarily serves families. 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, 3-bedroom: $2800. Actual rent at Legacy Park Apartments may be lower for income-eligible households.
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 manages Legacy Park Apartments?+
Legacy Park Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Legacy Park Apartments?+
Legacy Park 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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