; Low Income Apartments For Rent in Athens, WI

Allen Court Project

201 E Degner St
Athens, Wisconsin
Rent Assisted
LIHTC

301 Caroline Project

301 Caroline St
Athens, Wisconsin
Rent Assisted
LIHTC
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There are 20 low-income apartments in Athens that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Athens where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Athens, Wisconsin

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Athens.

Athens, Wisconsin Affordable Housing Data

Income Based Apartments in Athens, Wisconsin

Athens features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Athens, Wisconsin

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Athens.

Housing Choice Vouchers in Athens, Wisconsin

On average, Section 8 Housing Choice vouchers pay Athens landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Athens.

The maximum amount a voucher would pay on behalf of a low-income tenant in Athens, Wisconsin for a two-bedroom apartment is between $918 and $1,122.

2024 Athens, Wisconsin Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Athens, Wisconsin Fair Market Rent $691 $776 $1,020 $1,324 $1,358
Athens, Wisconsin Payment Standard Range $622 to $760 $698 to $854 $918 to $1,122 $1,192 to $1,456 $1,222 to $1,494

Sourced from federal housing data and AffordableHousingOnline.com research.

Athens, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 20
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 24.43%
Average Renter Household Size 2.45
Average Household Size 2.32
Median Household Income $41,900 ±$2,955
Median Rent $612 ±$86
Percentage Of Renters Overburdened 45.79% ± 19.63pp
Total Population 1,016

Population and Household Demographics

Athens is a city in Marathon County, Wisconsin with a population of 1,016. There are 438 households in the city with an average household size of 2.32 persons. 24.43% of households in Athens are renters.

Income and Rent Overburden in Athens

The median gross income for households in Athens is $41,900 a year, or $3,492 a month. The median rent for the city is $612 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Athens, a household making less than $2,040 a month would be considered overburdened when renting an apartment at or above the median rent. 45.79% of households who rent are overburdened in Athens.

Area Median Income In Athens

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Athens, the AMI is calculated from all households within Marathon County.

In Athens, HUD calculates the Area Median Income for a family of four as $100,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Athens

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Athens

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Athens AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,500 $22,250 $25,050 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Athens AMI may qualify for rental assistance programs that target Very Low Income households.
$32,450 $37,100 $41,750 $46,350 $50,100 $53,800 $57,500 $61,200
80% AMI Income Limits
Renters earning up to 80% of the Athens AMI may qualify for rental assistance programs that target Low Income households.
$51,950 $59,350 $66,750 $74,150 $80,100 $86,050 $91,950 $97,900