Low Income Apartments and Affordable Housing For Rent in Saint Croix Falls, WI

Discover affordable housing in Saint Croix Falls where there are 4+ 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.

St Croix Falls Townhomes

1275 Bur Oak Ln, Saint Croix Falls, Wisconsin 54024

River Town Heights

201 S Adams St, Saint Croix Falls, Wisconsin 54024

Forest Heights Apartments

408 Tower Rd, Saint Croix Falls, Wisconsin 54024

Parkview Apartments

331 E McKenny St, Saint Croix Falls, Wisconsin 54024

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Saint Croix Falls, Wisconsin
$19.32/hour
$12.07 (+166%) more than Wisconsin minimum wage and $12.07 (+166%) more than the Federal minimum wage.
Learn More About Saint Croix Falls, Wisconsin Affordable Housing ↓

What HUD offices serve Saint Croix Falls, 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) programs for Saint Croix Falls, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Saint Croix Falls, Wisconsin.

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

How many renters live in Saint Croix Falls, Wisconsin?

The City of Saint Croix Falls has 2,268 people living in 980 households.

There are 906 renters living in 426 renter households in this City. Renters make up 39.95 percent of the population living in Saint Croix Falls.

What is the rental market like in Saint Croix Falls, Wisconsin?

There are an estimated 1,073 housing units in the Saint Croix Falls area. Of these, 451 units are rental homes, making up 42 percent of the housing market. For every renter household in Saint Croix Falls, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Saint Croix Falls?

The rental vacancy rate in Saint Croix Falls is 6 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 Saint Croix Falls for each bedroom size?

Occupied Rental Units by Size in Saint Croix Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 115 242 39 13
Occupied Rental Units by Size in Saint Croix Falls

A large number of apartments in Saint Croix Falls 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 Saint Croix Falls are overburdened by housing costs?

Among renter households in this market, 15 percent have housing cost burden. Further, 9 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 Saint Croix Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,498. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $691
One BR $776
Two BR $1,020
Three BR $1,233
Four BR $1,498
2024 Fair Market Rents in Saint Croix Falls, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Saint Croix Falls?

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
Studio 10 59 percent
One BR 91 79 percent
Two BR 145 60 percent
Rental Units Below FMR in Saint Croix Falls, Wisconsin

How many affordable rental units are in Saint Croix Falls?

There are a variety of federal affordable housing programs serving households in Saint Croix Falls, Wisconsin including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 36
Section 8 Project-Based Rental Assistance 26
Section 202 Supportive Housing for the Elderly 29
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Saint Croix Falls, Wisconsin

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

Income Based Apartments in Saint Croix Falls, Wisconsin

Saint Croix Falls features 67 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 Saint Croix Falls, Wisconsin

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Croix Falls.

Housing Choice Vouchers in Saint Croix Falls, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.