About This Property
Fern Ridge II offers 50 affordable units in Olympia, Washington, with a mix of one-, two-, and three-bedroom apartments serving families. The property includes 49 low-income units and has been in service since 1994. Financing through 9% Low-Income Housing Tax Credits supports ongoing operations and maintenance.
Waitlist Information
Waitlist managed by Housing Authority of Thurston County
The waitlist for Housing Authority Properties (Below Market Rate), which can include Public Housing, is currently closed.
The waitlist is closed and not accepting new applications. Current applicants can use Assistance Connect to update information and view status. A PIN is required to create an account.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 |
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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 Ii is typically 30% of household income or less.
What size apartments are available at Fern Ridge Ii?+
Fern Ridge Ii offers the following unit types: 18 One-Bedroom, 16 Two-Bedroom, 16 Three-Bedroom units, for a total of 50 units.
Who manages Fern Ridge Ii?+
Fern Ridge Ii is managed by . You can reach them at .
Is there a waitlist for Fern Ridge Ii?+
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.
Who is eligible to live at Fern Ridge Ii?+
Fern Ridge Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
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 Ii may be lower for income-eligible households.
How do I apply for housing at Fern Ridge Ii?+
Fern Ridge Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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