Esperanza Apartments

6940 37th Ave. S. , Seattle, Washington 98118

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Esperanza Apartments is managed by Retirement Housing Foundation.

Esperanza Apartments is an 84-unit building with one bedrooms only. They are a 55 and older adult community located in a serene area of Seattle away from traffic and congestion, yet convenient to shopping, churches, and medical facilities. Residents must be 55 years of age or older. Some apartments are specially equipped for mobility impaired persons. This community serves residents who earn less than 60 percent of the area median gross income. Income limits are determined by the U.S. Department of Housing and Urban Development (HUD). Beautiful, affordable, one bedroom and one bath apartments with utilities (except phone and cable) are included in the rent. Section 8 Vouchers Welcomed. For more info, please call the office. This community has income limitations as determined by the US Department of Housing and Urban Development. Section 8 Vouchers welcomed. We do have a waitlist usually, so call for more info.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 525 $1,245
Esperanza Wait List is Open Now

As of 8/29/19 our wait list is approximately 6-12 months. Call for info. 

Last updated on August 29th, 2019

Eligibility for Esperanza Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Seattle but actual income limits may differ for units at Esperanza Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Low Income (60%) $57,540 $65,760 $73,980 $82,200 $88,800 $95,400 $101,940 $108,540

Esperanza Apartments Details

  • 84 one bedroom units.
  • Low Rise
  • Water and Sewer utilities included in rent
  • Electricity utility included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 221 (d) (3)

Property Amenities

  • Community Room
  • Library
  • On-Site Parking
  • Secured Entry
  • Elevator
  • Computer Room
  • Pool Table
  • Laundry Facility
  • Resident Lounge

Unit Amenities

  • Handicapped Accessible
  • Utilities Included
  • Carpet
  • Bathroom Grab Bars
  • Fully Equipped Kitchen
  • Controlled Heat and Electricity

Nearby Amenities

  • Near Park
  • Near Church
  • Near Shopping

Office Hours

Day Hours
Monday 8:30am-5:00pm
Tuesday 8:30am-5:00pm
Wednesday 8:30am-5:00pm
Thursday 8:30am-5:00pm
Friday 8:30am-5:00pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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