About This Property
Reserve At Lacey is an apartment community in Lacey, WA that contains 241 units, with 239 designated as low-income housing. The property was placed in service in 2020 and serves the Thurston County area. Current management handles day-to-day operations for the community.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $21,650
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $24,350
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
- Extremely Low (30%)
- $27,050
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,750
- Low (80%)
- $77,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,350
- Low (80%)
- $83,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,950
- Low (80%)
- $89,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,550
- Low (80%)
- $95,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,950 | $31,600 | $50,550 |
| 2 Persons | $21,650 | $36,100 | $57,750 |
| 3 Persons | $24,350 | $40,600 | $64,950 |
| 4 Persons | $27,050 | $45,100 | $72,150 |
| 5 Persons | $31,040 | $48,750 | $77,950 |
| 6 Persons | $35,580 | $52,350 | $83,700 |
| 7 Persons | $40,120 | $55,950 | $89,500 |
| 8 Persons | $44,660 | $59,550 | $95,250 |
Tax Credit Program Details
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 Reserve At Lacey is typically 30% of household income or less.
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 Reserve At Lacey?+
Reserve At Lacey is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Reserve At Lacey?+
Reserve At Lacey 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.
More Affordable Housing Near Reserve At Lacey
Boardwalk Apartments
Olympia, WA
284 UnitsBoardwalk Apartments
Olympia, WA
284 UnitsDrexel House
Olympia, WA
26 UnitsDrexel House
Olympia, WA
25 Units
Casa Madrona Ii
Olympia, WA
70 UnitsCopper Wood Apartments
Lacey, WA
228 Units