Low Income Apartments and Affordable Housing For Rent in Rock Springs, WI

Discover affordable housing in Rock Springs where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Riverview Apartments

301 Railroad St, Rock Springs, Wisconsin 53961

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rock Springs, Wisconsin
$19.73/hour
$12.48 (+172%) more than Wisconsin minimum wage and $12.48 (+172%) more than the Federal minimum wage.
Learn More About Rock Springs, Wisconsin Affordable Housing ↓

What HUD offices serve Rock Springs, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Rock Springs, Wisconsin.

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

How many renters live in Rock Springs, Wisconsin?

The City of Rock Springs has 330 people living in 144 households.

There are 65 renters living in 26 renter households in this City. Renters make up 19.7 percent of the population living in Rock Springs.

What is the rental market like in Rock Springs, Wisconsin?

There are an estimated 148 housing units in the Rock Springs area. Of these, 26 units are rental homes, making up 18 percent of the housing market. For every renter household in Rock Springs, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Rock Springs?

The rental vacancy rate in Rock Springs is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Rock Springs for each bedroom size?

Occupied Rental Units by Size in Rock Springs
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 2 12 7 2
Occupied Rental Units by Size in Rock Springs

A large number of apartments in Rock Springs have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Rock Springs are overburdened by housing costs?

Among renter households in this market, 27 percent have housing cost burden. Further, 15 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Rock Springs

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $753 to $1,388. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $753
One BR $877
Two BR $1,042
Three BR $1,359
Four BR $1,388
2024 Fair Market Rents in Rock Springs, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Rock Springs?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 2 100 percent
Two BR 9 75 percent
Rental Units Below FMR in Rock Springs, Wisconsin

How many affordable rental units are in Rock Springs?

There are a variety of federal affordable housing programs serving households in Rock Springs, Wisconsin including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 6
USDA Section 515 Rural Rental Housing 6
Tracked Units by Federal Program in Rock Springs, Wisconsin

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Rock Springs, Wisconsin

Rock Springs features 6 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 Rock Springs, Wisconsin

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

Housing Choice Vouchers in Rock Springs, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Rock Springs, Wisconsin for a two-bedroom apartment is between $938 and $1,146.

Sourced from federal housing data and AffordableHousingOnline.com research.