Affordable Housing In Buffalo County
7 Low Income Apartment Communities In Buffalo County
Guide To Affordable Housing in Buffalo County, Wisconsin
There are 7 low income housing apartment communities offering 337 affordable apartments for rent in Buffalo County, Wisconsin.
Income Based Apartments in Buffalo County, Wisconsin
Buffalo County features 232 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 Buffalo County, Wisconsin
There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Buffalo County.
Housing Choice Vouchers in Buffalo County, Wisconsin
On average, Section 8 Housing Choice vouchers pay Buffalo County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Buffalo County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Buffalo County, Wisconsin for a two-bedroom apartment is between $694 and $848.
2020 Buffalo County, 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|
|Fair Market Rent||$502||$585||$771||$974||$1,058|
|Payment Standard Range||$452 to $552||$527 to $644||$694 to $848||$877 to $1,071||$952 to $1,164|
Sourced from federal housing data and AffordableHousingOnline.com research.
Buffalo County, WI Affordable Housing Snapshot
|Total Affordable Apartment Properties||7|
|Total Low Income Apartments||337|
|Total Housing Units with Rental Assistance||232|
|Percentage of Housing Units Occupied By Renters||24.62%|
|Average Renter Household Size||2.13|
|Average Household Size||2.29|
|Median Household Income||$50,196 ±$2,227|
|Median Rent||$621 ±$48|
|Percentage Of Renters Overburdened||32.16% ± 4.94pp|
Population and Household Demographics
Buffalo County is a county in Wisconsin with a population of 13,319. There are 5,771 households in the county with an average household size of 2.29 persons. 24.62% of households in Buffalo County are renters.
Income and Rent Overburden in Buffalo County
The median gross income for households in Buffalo County is $50,196 a year, or $4,183 a month. The median rent for the county is $621 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Buffalo County, a household making less than $2,070 a month would be considered overburdened when renting an apartment at or above the median rent. 32.16% of households who rent are overburdened in Buffalo County.
Area Median Income In Buffalo County
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.
In Buffalo County, HUD calculates the Area Median Income for a family of four as $68,500
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 Buffalo County
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 Buffalo County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,900||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$24,800||$28,350||$31,900||$35,400||$38,250||$41,100||$43,900||$46,750|
|80% of Median||$39,700||$45,350||$51,000||$56,650||$61,200||$65,750||$70,250||$74,800|
Cities In Buffalo County
Select A City to View its Apartment Communities and Waiting Lists.
|Mondovi||The HUD funded Public Housing Agency that serves Mondovi is the Mondovi Housing Authority.|