About This Property
Salmon Run Apartments is a 40-unit affordable housing community in Yelm, Washington, with 39 low-income units serving families and disabled residents. The property, placed in service in 2012, offers a mix of one-, two-, three-, and four-bedroom units, with the majority being three-bedroom floor plans. The community operates through 9% Low-Income Housing Tax Credit financing and is owned and managed by a nonprofit organization.
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 Yelm, 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 Salmon Run Apartments is typically 30% of household income or less.
What size apartments are available at Salmon Run Apartments?+
Salmon Run Apartments offers the following unit types: 6 One-Bedroom, 14 Two-Bedroom, 18 Three-Bedroom, 1 Four-Bedroom units, for a total of 40 units.
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 Salmon Run Apartments?+
Salmon Run Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Yelm, 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 Salmon Run Apartments may be lower for income-eligible households.
Who is eligible to live at Salmon Run Apartments?+
Salmon Run Apartments primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Salmon Run Apartments?+
Salmon Run 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.