Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Market Street Apartments

1314 Market St, Tacoma, WA, 98402

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

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About This Property

Market Street Apartments comprises 125 one-bedroom units in Tacoma, Washington, with 124 designated as low-income housing. The property has been in service since 2015 and is located in Pierce County.

Waitlist Information

Waitlist managed by Tacoma Housing Authority

Public Housing Waitlist
Open
Opened November 14, 2024
Apply: Online

Waitlists will remain open continuously. Households will be randomly selected from the waitlist when units become available. Previously, THA randomly selected applicants, and those not selected had to wait up to two years. 1- or 2-person households that are not senior and/or disabled often have a longer wait for a THA unit because most 1-bedroom apartments are set aside for senior/disabled households.

Last verified April 14, 2026
Section 8 (HCV) Waitlist
Open
Opened November 14, 2024
Apply: Online

Waitlists will remain open continuously. Households will be randomly selected from the waitlist when vouchers become available. Previously, THA randomly selected applicants, and those not selected had to wait up to two years. It may take a year or two for a family to come to the top of the waitlist.

Last verified April 14, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
125
1 Bedroom
125

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$19,100
Very Low (50%)
$31,800
Low (80%)
$50,900
2 Persons
Extremely Low (30%)
$21,800
Very Low (50%)
$36,350
Low (80%)
$58,150
3 Persons
Extremely Low (30%)
$24,550
Very Low (50%)
$40,900
Low (80%)
$65,400
4 Persons
Extremely Low (30%)
$27,250
Very Low (50%)
$45,400
Low (80%)
$72,650
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$49,050
Low (80%)
$78,500
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$52,700
Low (80%)
$84,300
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$56,300
Low (80%)
$90,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$59,950
Low (80%)
$95,900

Tax Credit Program Details

Year Placed in Service
2015
Low-Income Units
124 / 125
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Tacoma, 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 Market Street Apartments is typically 30% of household income or less.

What size apartments are available at Market Street Apartments?+

Market Street Apartments offers the following unit types: 125 One-Bedroom units, for a total of 125 units.

How do I apply for housing at Market Street Apartments?+

Market Street 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.

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.

Is there a waitlist for Market Street Apartments?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Market Street Apartments?+

Market Street Apartments is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Tacoma, WA?+

Based on Fair Market Rent for Pierce County, the estimated price range is: 1-bedroom: $1603. Actual rent at Market Street Apartments may be lower for income-eligible households.

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Walk Score

Walker's Paradise

93
Walk
49
Bike

Nearby Schools

PK,KG,1,2,3,4,5
1
0.5 mi
7
0.7 mi
6
1.3 mi
PK,KG,1,2,3,4,5,6,7,8
6
0.8 mi
6,7,8
2
1.1 mi

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

Location

Pierce County, WA

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Housing Resources in Tacoma, WA

HUD-Approved Counseling Agencies

TACOMA/ PIERCE COUNTY HABITAT FOR HUMANITY

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops