Affordable Housing Hub
Low Income (LIHTC)

College Glen

4870 55th Ln SE, Lacey, WA, 98503

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

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About This Property

College Glen offers 164 units of affordable housing in Lacey, serving families and disabled residents. The community includes 161 low-income units with a mix of 96 two-bedroom and 68 three-bedroom floor plans. Developed in 1996 and financed through 9% Low-Income Housing Tax Credits, the property remains in operation today.

Property Details

Total Units
164
2 Bedroom
96
3 Bedroom
68

Fair Market Rent - Thurston County, WA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,341
1 Bedroom$1,554
2 Bedroom$1,802
3 Bedroom$2,531
4 Bedroom$3,058

Income Limits - Thurston County, WA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$18,950
Very Low (50%)
$31,600
Low (80%)
$50,550
2 Persons
Extremely Low (30%)
$21,650
Very Low (50%)
$36,100
Low (80%)
$57,750
3 Persons
Extremely Low (30%)
$24,350
Very Low (50%)
$40,600
Low (80%)
$64,950
4 Persons
Extremely Low (30%)
$27,050
Very Low (50%)
$45,100
Low (80%)
$72,150
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$48,750
Low (80%)
$77,950
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$52,350
Low (80%)
$83,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$55,950
Low (80%)
$89,500
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$59,550
Low (80%)
$95,250

Tax Credit Program Details

Year Placed in Service
1996
LIHTC Credit Type
9%
Low-Income Units
161 / 164
Target Population
FamiliesDisabled

Frequently Asked Questions

What is the average rent for affordable housing in Lacey, WA?+

The Fair Market Rent (FMR) for Thurston County, WA is: $1341 (Studio), $1554 (1BR), $1802 (2BR), $2531 (3BR), $3058 (4BR). Actual rent at subsidized properties like College Glen is typically 30% of household income or less.

What size apartments are available at College Glen?+

College Glen offers the following unit types: 96 Two-Bedroom, 68 Three-Bedroom units, for a total of 164 units.

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

Based on Fair Market Rent for Thurston County, the estimated price range is: 2-bedroom: $1802, 3-bedroom: $2531. Actual rent at College Glen may be lower for income-eligible households.

What are the income limits for affordable housing in Thurston County, WA?+

For a 4-person household in Thurston County, WA, the income limits are: Extremely Low Income (30% AMI): $27,050, Very Low Income (50% AMI): $45,100, Low Income (80% AMI): $72,150. These limits are set by HUD and updated annually.

Who manages College Glen?+

College Glen is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at College Glen?+

College Glen 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 College Glen?+

College Glen primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Somewhat Walkable

52
Walk
39
Transit
61
Bike

Nearby Schools

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

Location

Thurston County, WA

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