About This Property
Fern Ridge comprises 49 low-income rental units in Olympia, Washington, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1994 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. The community offers 16 one-bedroom, 21 two-bedroom, and 12 three-bedroom units.
Waitlist Information
Waitlist managed by Housing Authority of Thurston County
The Housing Authority of Thurston County's general waitlist for its properties is currently closed.
Current applicants can use Assistance Connect to update contact information, view waiting list status, and update household information. A PIN is required to create an account.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
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 Olympia, 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 Fern Ridge is typically 30% of household income or less.
What size apartments are available at Fern Ridge?+
Fern Ridge offers the following unit types: 16 One-Bedroom, 21 Two-Bedroom, 12 Three-Bedroom units, for a total of 49 units.
Who manages Fern Ridge?+
Fern Ridge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Olympia, WA?+
Based on Fair Market Rent for Thurston County, the estimated price range is: 1-bedroom: $1554, 2-bedroom: $1802, 3-bedroom: $2531. Actual rent at Fern Ridge may be lower for income-eligible households.
Who is eligible to live at Fern Ridge?+
Fern Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Fern Ridge?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Fern Ridge?+
Fern Ridge 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 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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