Affordable Housing Hub
Low Income (LIHTC)

Rodeo Apts

University Place, WA

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Rodeo Apts contains 50 low-income rental units in University Place, Washington, with a mix of 13 two-bedroom, 25 three-bedroom, and 12 four-bedroom apartments. The property has been in service since 1997 and utilizes 9% Low-Income Housing Tax Credits (LIHTC) for financing. Pierce County residents seeking affordable housing options can contact the property management for occupancy information and application details.

Property Details

Total Units
50
2 Bedroom
13
3 Bedroom
25
4 Bedroom
12

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$19,100
Very Low (50%)
$31,800
Low (80%)
$50,900
2 Persons
Extremely Low (30%)
$21,800
Very Low (50%)
$36,350
Low (80%)
$58,150
3 Persons
Extremely Low (30%)
$24,550
Very Low (50%)
$40,900
Low (80%)
$65,400
4 Persons
Extremely Low (30%)
$27,250
Very Low (50%)
$45,400
Low (80%)
$72,650
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$49,050
Low (80%)
$78,500
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$52,700
Low (80%)
$84,300
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$56,300
Low (80%)
$90,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$59,950
Low (80%)
$95,900

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Tax Credit Program Details

Year Placed in Service
1997
LIHTC Credit Type
9%
Low-Income Units
50 / 50

Frequently Asked Questions

What is the average rent for affordable housing in University Place, 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 Rodeo Apts is typically 30% of household income or less.

What size apartments are available at Rodeo Apts?+

Rodeo Apts offers the following unit types: 13 Two-Bedroom, 25 Three-Bedroom, 12 Four-Bedroom units, for a total of 50 units.

Who manages Rodeo Apts?+

Rodeo Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in University Place, WA?+

Based on Fair Market Rent for Pierce County, the estimated price range is: 2-bedroom: $1987, 3-bedroom: $2800. Actual rent at Rodeo Apts may be lower for income-eligible households.

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 Rodeo Apts?+

Rodeo Apts 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.

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Location

Pierce County, WA

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