About This Property
Olympic View and Sound View Apartments consists of 88 units in Edmonds, Washington, with 86 designated as low-income housing. The property includes 86 one-bedroom and 2 two-bedroom units and has been in service since 2008. The development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Snohomish 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 - Snohomish 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 Edmonds, WA?+
The Fair Market Rent (FMR) for Snohomish County, WA is: $2211 (Studio), $2269 (1BR), $2645 (2BR), $3510 (3BR), $4080 (4BR). Actual rent at subsidized properties like Olympic View and Sound View Apartments is typically 30% of household income or less.
What size apartments are available at Olympic View and Sound View Apartments?+
Olympic View and Sound View Apartments offers the following unit types: 86 One-Bedroom, 2 Two-Bedroom units, for a total of 88 units.
What are the income limits for affordable housing in Snohomish County, WA?+
For a 4-person household in Snohomish 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 Edmonds, WA?+
Based on Fair Market Rent for Snohomish County, the estimated price range is: 1-bedroom: $2269, 2-bedroom: $2645. Actual rent at Olympic View and Sound View Apartments may be lower for income-eligible households.
How do I apply for housing at Olympic View and Sound View Apartments?+
Olympic View and Sound View 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.
Who manages Olympic View and Sound View Apartments?+
Olympic View and Sound View Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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