Financial Side of Housing
Affordable housing income limits vary based on:
- The county and city in which the property is located
- The government program that oversees the property
- A small percentage of your assets that are calculated as part of your income
Maximum income and rent limits can be found on the Washington State Housing Finances Commission’s website at www.wshfc.org/limits/map.asp. It is important to note that the exact income parameters of each building vary. Generally speaking, a single individual cannot earn more than $27,000-$38,000 a year; a couple cannot earn more than $31,000-$45,000.
Affordable housing monthly rents generally range from $400-$1,000 a month for a one-bedroom apartment. For a two-bedroom apartment, rents range from $500-$1,100 a month. These figures are estimates that include the majority of options; however, some buildings offer rates both lower and higher than the rates listed here.
For a listing of affordable senior housing in your area, contact the Housing Authority of Chelan County and the City of Wenatchee. See the Government Section of this Guide for specific telephone numbers.