Low Income Apartments For Rent in Wisconsin Rapids, WI

There are 211 low-income apartments in Wisconsin Rapids that offer reduced rents to eligible households. Low-income rents in Wisconsin Rapids, Wisconsin can range from $670 to $1,025 depending on the number of bedrooms.

Rental assistance programs support 454 low-income homes in Wisconsin Rapids where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $344 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Wisconsin Rapids, 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 Rapids Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Wisconsin Rapids, Wisconsin Affordable Housing Data

Income Based Apartments in Wisconsin Rapids, Wisconsin

Wisconsin Rapids features 454 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 Wisconsin Rapids, Wisconsin

There are 211 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wisconsin Rapids.

Housing Choice Vouchers in Wisconsin Rapids, Wisconsin

On average, Section 8 Housing Choice vouchers pay Wisconsin Rapids landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Wisconsin Rapids.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wisconsin Rapids, Wisconsin for a two-bedroom apartment is between $823 and $1,005.

2024 Wisconsin Rapids, 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
Wisconsin Rapids, Wisconsin Fair Market Rent	$641	$696	$914	$1,190	$1,217
Wisconsin Rapids, Wisconsin Payment Standard Range	$577 to $705	$626 to $766	$823 to $1,005	$1,071 to $1,309	$1,095 to $1,339

Sourced from federal housing data and AffordableHousingOnline.com research.

Wisconsin Rapids, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 19

Total Low Income Apartments 670

Total Housing Units with Rental Assistance 454

Percentage of Housing Units Occupied By Renters 37.5%

Average Renter Household Size 2.03

Average Household Size 2.11

Median Household Income $36,680 ±$2,712

Median Rent $632 ±$30

Percentage Of Renters Overburdened 42.68% ± 6.09pp

Total Population 18,104

Total Affordable Apartment Properties	19
Total Low Income Apartments	670
Total Housing Units with Rental Assistance	454
Percentage of Housing Units Occupied By Renters	37.5%
Average Renter Household Size	2.03
Average Household Size	2.11
Median Household Income	$36,680 ±$2,712
Median Rent	$632 ±$30
Percentage Of Renters Overburdened	42.68% ± 6.09pp
Total Population	18,104

Population and Household Demographics

Wisconsin Rapids is a city in Wood County, Wisconsin with a population of 18,104. There are 8,383 households in the city with an average household size of 2.11 persons. 37.5% of households in Wisconsin Rapids are renters.

Income and Rent Overburden in Wisconsin Rapids

The median gross income for households in Wisconsin Rapids is $36,680 a year, or $3,057 a month. The median rent for the city is $632 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wisconsin Rapids, a household making less than $2,107 a month would be considered overburdened when renting an apartment at or above the median rent. 42.68% of households who rent are overburdened in Wisconsin Rapids.

Area Median Income In Wisconsin Rapids

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 Wisconsin Rapids, the AMI is calculated from all households within Wood County.

In Wisconsin Rapids, HUD calculates the Area Median Income for a family of four as $75,600

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 Wisconsin Rapids

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 Wisconsin Rapids

	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 Wisconsin Rapids AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,850	$20,400	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Wisconsin Rapids AMI may qualify for rental assistance programs that target Very Low Income households.	$29,750	$34,000	$38,250	$42,500	$45,900	$49,300	$52,700	$56,100
80% AMI Income Limits Renters earning up to 80% of the Wisconsin Rapids AMI may qualify for rental assistance programs that target Low Income households.	$47,600	$54,400	$61,200	$68,000	$73,450	$78,900	$84,350	$89,800