Low Income Apartments and Affordable Housing For Rent in Wisconsin Rapids, WI

Discover affordable housing in Wisconsin Rapids where there are 14+ 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.

Cranberry Woods

2241 14th Street South, Wisconsin Rapids, Wisconsin 54494

Pine Creek II

2626 12th St S, Wisconsin Rapids, Wisconsin 54494

River City Senior Village

811 Hale St, Wisconsin Rapids, Wisconsin 54495

River Grove Senior Village

3411 Washington St, Wisconsin Rapids, Wisconsin 54494

Jerry Drahos Villa

1320 Pepper Avenue, Wisconsin Rapids, Wisconsin 54494

Grace Apartments

1531 23rd Ave S, Wisconsin Rapids, Wisconsin 54495

Duane Flogstad Villa

2710 12th St S, Wisconsin Rapids, Wisconsin 54494

Sylvan Glen

1131 19th Ave S, Wisconsin Rapids, Wisconsin 54495

Westwood Townhouses

1530 24th Ave S, Wisconsin Rapids, Wisconsin 54495

Chula Vista Manor

1200 Huntington Ave, Wisconsin Rapids, Wisconsin 54494

Lily Lane Group Home

1530 Lily Ln, Wisconsin Rapids, Wisconsin 54494

Huntington House

2521 10th St S, Wisconsin Rapids, Wisconsin 54494

Parkview Apartments and Scattered Sites

1750 2nd Ave S, Wisconsin Rapids, Wisconsin 54495

Wisconsin

3211 Franklin St, Wisconsin Rapids, Wisconsin 54494

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wisconsin Rapids, Wisconsin
$17.31/hour
$10.06 (+139%) more than Wisconsin minimum wage and $10.06 (+139%) more than the Federal minimum wage.
Learn More About Wisconsin Rapids, Wisconsin Affordable Housing ↓

What HUD offices serve 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.

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

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

How many renters live in Wisconsin Rapids, Wisconsin?

The City of Wisconsin Rapids has 18,783 people living in 8,527 households.

There are 7,714 renters living in 3,889 renter households in this City. Renters make up 41.07 percent of the population living in Wisconsin Rapids.

What is the rental market like in Wisconsin Rapids, Wisconsin?

There are an estimated 9,237 housing units in the Wisconsin Rapids area. Of these, 4,216 units are rental homes, making up 46 percent of the housing market. For every renter household in Wisconsin Rapids, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Wisconsin Rapids?

The rental vacancy rate in Wisconsin Rapids is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Wisconsin Rapids for each bedroom size?

Occupied Rental Units by Size in Wisconsin Rapids
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
193 826 1,906 677 202
Occupied Rental Units by Size in Wisconsin Rapids

A large number of apartments in Wisconsin Rapids 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 Wisconsin Rapids are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 20 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 Wisconsin Rapids

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,217. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $641
One BR $696
Two BR $914
Three BR $1,190
Four BR $1,217
2024 Fair Market Rents in Wisconsin Rapids, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Wisconsin Rapids?

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 19 10 percent
One BR 491 59 percent
Two BR 1,066 56 percent
Rental Units Below FMR in Wisconsin Rapids, Wisconsin

How many affordable rental units are in Wisconsin Rapids?

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

Federal Program Unit Count
Low Income Housing Tax Credit 178
Public Housing 129
Section 8 Project-Based Rental Assistance 178
Section 811 Supportive Housing for Persons with Disabilities 27
Tracked Units by Federal Program in Wisconsin Rapids, Wisconsin

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

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.

Sourced from federal housing data and AffordableHousingOnline.com research.