Low Income Apartments For Rent in Reedsville, WI

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Reedsville, 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
Reedsville Housing Authority	Public Housing
Wisconsin Housing and Economic Development Authority	Section 8 Housing Choice Voucher (HCV)
Integrated Community Solutions	Section 8 Housing Choice Voucher (HCV)

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

Reedsville, Wisconsin Affordable Housing Data

Income Based Apartments in Reedsville, Wisconsin

Reedsville features 41 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 Reedsville, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Reedsville.

Housing Choice Vouchers in Reedsville, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Reedsville, Wisconsin for a two-bedroom apartment is between $815 and $996.

2024 Reedsville, 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
Reedsville, Wisconsin Fair Market Rent	$684	$689	$905	$1,094	$1,216
Reedsville, Wisconsin Payment Standard Range	$616 to $752	$620 to $758	$815 to $996	$985 to $1,203	$1,094 to $1,338

Sourced from federal housing data and AffordableHousingOnline.com research.

Reedsville, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 41

Total Housing Units with Rental Assistance 41

Percentage of Housing Units Occupied By Renters 20.84%

Average Renter Household Size 2.19

Average Household Size 2.55

Median Household Income $43,917 ±$8,441

Median Rent $506 ±$208

Percentage Of Renters Overburdened 41.57% ± 23.77pp

Total Population 1,088

Total Affordable Apartment Properties	2
Total Low Income Apartments	41
Total Housing Units with Rental Assistance	41
Percentage of Housing Units Occupied By Renters	20.84%
Average Renter Household Size	2.19
Average Household Size	2.55
Median Household Income	$43,917 ±$8,441
Median Rent	$506 ±$208
Percentage Of Renters Overburdened	41.57% ± 23.77pp
Total Population	1,088

Population and Household Demographics

Reedsville is a city in Manitowoc County, Wisconsin with a population of 1,088. There are 427 households in the city with an average household size of 2.55 persons. 20.84% of households in Reedsville are renters.

Income and Rent Overburden in Reedsville

The median gross income for households in Reedsville is $43,917 a year, or $3,660 a month. The median rent for the city is $506 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Reedsville, a household making less than $1,687 a month would be considered overburdened when renting an apartment at or above the median rent. 41.57% of households who rent are overburdened in Reedsville.

Area Median Income In Reedsville

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 Reedsville, the AMI is calculated from all households within Manitowoc County.

In Reedsville, HUD calculates the Area Median Income for a family of four as $83,200

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 Reedsville

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 Reedsville

	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 Reedsville AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,950	$20,500	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Reedsville AMI may qualify for rental assistance programs that target Very Low Income households.	$29,900	$34,200	$38,450	$42,700	$46,150	$49,550	$52,950	$56,400
80% AMI Income Limits Renters earning up to 80% of the Reedsville AMI may qualify for rental assistance programs that target Low Income households.	$47,850	$54,650	$61,500	$68,300	$73,800	$79,250	$84,700	$90,200