Low Income Apartments For Rent in Mount Horeb, WI

Rental assistance programs support 74 low-income homes in Mount Horeb 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 Mount Horeb, 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
Dane County Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency

Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Mount Horeb.

Mount Horeb, Wisconsin Affordable Housing Data

Income Based Apartments in Mount Horeb, Wisconsin

Mount Horeb features 74 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 Mount Horeb, Wisconsin

There are 76 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Horeb.

Housing Choice Vouchers in Mount Horeb, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Horeb, Wisconsin for a two-bedroom apartment is between $1,235 and $1,509.

2024 Mount Horeb, 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
Mount Horeb, Wisconsin Fair Market Rent	$1,004	$1,182	$1,372	$1,808	$1,986
Mount Horeb, Wisconsin Payment Standard Range	$904 to $1,104	$1,064 to $1,300	$1,235 to $1,509	$1,627 to $1,989	$1,787 to $2,185

Sourced from federal housing data and AffordableHousingOnline.com research.

Mount Horeb, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 4

Total Low Income Apartments 150

Total Housing Units with Rental Assistance 74

Percentage of Housing Units Occupied By Renters 37.07%

Average Renter Household Size 2.02

Average Household Size 2.48

Median Household Income $65,703 ±$10,559

Median Rent $859 ±$58

Percentage Of Renters Overburdened 40.77% ± 10.8pp

Total Population 7,349

Total Affordable Apartment Properties	4
Total Low Income Apartments	150
Total Housing Units with Rental Assistance	74
Percentage of Housing Units Occupied By Renters	37.07%
Average Renter Household Size	2.02
Average Household Size	2.48
Median Household Income	$65,703 ±$10,559
Median Rent	$859 ±$58
Percentage Of Renters Overburdened	40.77% ± 10.8pp
Total Population	7,349

Population and Household Demographics

Mount Horeb is a city in Dane County, Wisconsin with a population of 7,349. There are 2,924 households in the city with an average household size of 2.48 persons. 37.07% of households in Mount Horeb are renters.

Income and Rent Overburden in Mount Horeb

The median gross income for households in Mount Horeb is $65,703 a year, or $5,475 a month. The median rent for the city is $859 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mount Horeb, a household making less than $2,863 a month would be considered overburdened when renting an apartment at or above the median rent. 40.77% of households who rent are overburdened in Mount Horeb.

Area Median Income In Mount Horeb

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 Mount Horeb, the AMI is calculated from all households within Dane County.

In Mount Horeb, HUD calculates the Area Median Income for a family of four as $123,400

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 Mount Horeb

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 Mount Horeb

	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 Mount Horeb AMI may qualify for rental assistance programs that target Extremely Low Income households.	$25,700	$29,350	$33,000	$36,650	$39,600	$42,550	$45,450	$50,560
50% AMI Income Limits Renters earning up to 50% of the Mount Horeb AMI may qualify for rental assistance programs that target Very Low Income households.	$42,750	$48,850	$54,950	$61,050	$65,950	$70,850	$75,750	$80,600
80% AMI Income Limits Renters earning up to 80% of the Mount Horeb AMI may qualify for rental assistance programs that target Low Income households.	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950