About This Property
Bellevue/Olive Apartments is a 48-unit affordable housing community in Seattle serving low-income families. The property offers a mix of studio, one, two, and three-bedroom units and has been in operation since 1995. The development utilizes 9% Low Income Housing Tax Credits and is owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by Seattle Housing Authority
Applicants may apply to waitlists for up to two properties in the Low-Income Housing Program and the Seattle Senior Housing Program. The Seattle Senior Housing Program is for individuals aged 62 or older and adults 18 or older with disabilities. Applicants must check in monthly using the Save My Spot system to remain active on property waitlists. Wait times typically are two years or longer.
Applicants are randomly selected from the voucher list when vouchers are available. Preference is given to households with incomes at 30% or less of AMI, and those who are homeless. Applicants with incomes above 50% of AMI are not eligible.
Waitlist data provided by section8waitlist.org
Updated September 5, 2026
Property Details
Fair Market Rent - King 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 | $2,211 |
| 1 Bedroom | $2,269 |
| 2 Bedroom | $2,645 |
| 3 Bedroom | $3,510 |
| 4 Bedroom | $4,080 |
Income Limits - King County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $63,350
- Extremely Low (30%)
- $27,800
- Very Low (50%)
- $46,300
- Low (80%)
- $72,400
- Extremely Low (30%)
- $31,250
- Very Low (50%)
- $52,100
- Low (80%)
- $81,450
- Extremely Low (30%)
- $34,700
- Very Low (50%)
- $57,850
- Low (80%)
- $90,500
- Extremely Low (30%)
- $37,500
- Very Low (50%)
- $62,500
- Low (80%)
- $97,750
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $67,150
- Low (80%)
- $105,000
- Extremely Low (30%)
- $43,050
- Very Low (50%)
- $71,750
- Low (80%)
- $112,250
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,400
- Low (80%)
- $119,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,300 | $40,500 | $63,350 |
| 2 Persons | $27,800 | $46,300 | $72,400 |
| 3 Persons | $31,250 | $52,100 | $81,450 |
| 4 Persons | $34,700 | $57,850 | $90,500 |
| 5 Persons | $37,500 | $62,500 | $97,750 |
| 6 Persons | $40,300 | $67,150 | $105,000 |
| 7 Persons | $43,050 | $71,750 | $112,250 |
| 8 Persons | $45,850 | $76,400 | $119,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Seattle, WA?+
The Fair Market Rent (FMR) for King County, WA is: $2211 (Studio), $2269 (1BR), $2645 (2BR), $3510 (3BR), $4080 (4BR). Actual rent at subsidized properties like Bellevue/Olive Apartments is typically 30% of household income or less.
What size apartments are available at Bellevue/Olive Apartments?+
Bellevue/Olive Apartments offers the following unit types: 8 Studio, 25 One-Bedroom, 4 Two-Bedroom, 11 Three-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in King County, WA?+
For a 4-person household in King County, WA, the income limits are: Extremely Low Income (30% AMI): $34,700, Very Low Income (50% AMI): $57,850, Low Income (80% AMI): $90,500. These limits are set by HUD and updated annually.
How do I apply for housing at Bellevue/Olive Apartments?+
Bellevue/Olive Apartments 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.
Is there a waitlist for Bellevue/Olive Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. 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 Bellevue/Olive Apartments?+
Bellevue/Olive Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Seattle, WA?+
Based on Fair Market Rent for King County, the estimated price range is: 1-bedroom: $2269, 2-bedroom: $2645, 3-bedroom: $3510. Actual rent at Bellevue/Olive Apartments may be lower for income-eligible households.
Who manages Bellevue/Olive Apartments?+
Bellevue/Olive Apartments is managed by . You can reach them at .
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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