About This Property
Bays Water consists of 34 units in Tacoma, with 33 designated as low-income housing. The property includes 30 one-bedroom and 4 two-bedroom units and has been in service since 1995. Financing for this property includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Tacoma Housing Authority
THA has three waitlists that anyone can apply to, including a Family Property Waitlist for THA owned units. Waitlists are open continuously. Households are randomly selected from the waitlist when units become available.
Waitlists are open continuously. Households are randomly selected from the waitlist when vouchers become available. Previously, the waitlist opened only every few years.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Pierce 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 | $1,430 |
| 1 Bedroom | $1,603 |
| 2 Bedroom | $1,987 |
| 3 Bedroom | $2,800 |
| 4 Bedroom | $3,236 |
Income Limits - Pierce County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,100
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $24,550
- Very Low (50%)
- $40,900
- Low (80%)
- $65,400
- Extremely Low (30%)
- $27,250
- Very Low (50%)
- $45,400
- Low (80%)
- $72,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,050
- Low (80%)
- $78,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,700
- Low (80%)
- $84,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,300
- Low (80%)
- $90,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,950
- Low (80%)
- $95,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,100 | $31,800 | $50,900 |
| 2 Persons | $21,800 | $36,350 | $58,150 |
| 3 Persons | $24,550 | $40,900 | $65,400 |
| 4 Persons | $27,250 | $45,400 | $72,650 |
| 5 Persons | $31,040 | $49,050 | $78,500 |
| 6 Persons | $35,580 | $52,700 | $84,300 |
| 7 Persons | $40,120 | $56,300 | $90,100 |
| 8 Persons | $44,660 | $59,950 | $95,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tacoma, WA?+
The Fair Market Rent (FMR) for Pierce County, WA is: $1430 (Studio), $1603 (1BR), $1987 (2BR), $2800 (3BR), $3236 (4BR). Actual rent at subsidized properties like Bays Water is typically 30% of household income or less.
What size apartments are available at Bays Water?+
Bays Water offers the following unit types: 30 One-Bedroom, 4 Two-Bedroom units, for a total of 34 units.
What are the income limits for affordable housing in Pierce County, WA?+
For a 4-person household in Pierce County, WA, the income limits are: Extremely Low Income (30% AMI): $27,250, Very Low Income (50% AMI): $45,400, Low Income (80% AMI): $72,650. These limits are set by HUD and updated annually.
How do I apply for housing at Bays Water?+
Bays Water 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.
Who manages Bays Water?+
Bays Water is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Tacoma, WA?+
Based on Fair Market Rent for Pierce County, the estimated price range is: 1-bedroom: $1603, 2-bedroom: $1987. Actual rent at Bays Water may be lower for income-eligible households.
Is there a waitlist for Bays Water?+
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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