About This Property
Olympus Hotel is a 49-unit affordable housing property in Tacoma, Washington, serving low-income residents with disabilities. The property includes 11 studio units, 11 one-bedroom units, and 27 two-bedroom units, and has been in operation since 1999. The property receives 9% Low-Income Housing Tax Credit financing and is owned and operated by a non-profit organization.
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 Olympus Hotel is typically 30% of household income or less.
What size apartments are available at Olympus Hotel?+
Olympus Hotel offers the following unit types: 11 Studio, 11 One-Bedroom, 27 Two-Bedroom units, for a total of 49 units.
Is there a waitlist for Olympus Hotel?+
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.
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.
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 Olympus Hotel may be lower for income-eligible households.
Who manages Olympus Hotel?+
Olympus Hotel is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Olympus Hotel?+
Olympus Hotel 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 is eligible to live at Olympus Hotel?+
Olympus Hotel primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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