About This Property
Market Street Apartments comprises 125 one-bedroom units in Tacoma, Washington, with 124 designated as low-income housing. The property has been in service since 2015 and is located in Pierce County.
Waitlist Information
Waitlist managed by Tacoma Housing Authority
THA has three waitlists that anyone can apply to: The Family Property Waitlist is for households that would like to apply for a unit at the following THA properties: Bay Terrace, Bergerson Terrance, Dixon Village, Hillside Terrace, Salishan, and the Rise at 19th. 1- or 2-person households that are not senior and/or disabled often have a longer wait if they want a THA unit, because most of our 1-bedroom apartments are set aside for senior/disabled households.
The waitlists for tenant-based vouchers are managed directly by THA through our online applicant portal. Applicants are selected from the waitlist as funding is available. THA opens the wait list to allow more people to apply once every few years. It may take a year or two for a family to come to the top of the wait list.
Waitlist data provided by section8waitlist.org
Updated November 4, 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 Market Street Apartments is typically 30% of household income or less.
What size apartments are available at Market Street Apartments?+
Market Street Apartments offers the following unit types: 125 One-Bedroom units, for a total of 125 units.
How do I apply for housing at Market Street Apartments?+
Market Street 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.
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.
Is there a waitlist for Market Street 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 manages Market Street Apartments?+
Market Street Apartments 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. Actual rent at Market Street Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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