Affordable Housing In Buffalo County

4 Low Income Apartment Communities In Buffalo County

Parkview Terrace II

1 Parview Ter
Milton, WI

Memorial Drive II

225 Memorial Dr
Mondovi, WI

Highland Apartments

600 Buffalo St
Mondovi, WI

The Homestead Apartments

620 E Saint Mary St
Milton, WI
HCV Welcome
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Other Housing Authorities located in Buffalo County

Housing Authority Programs
Mondovi Housing Authority Public Housing

Guide To Affordable Housing in Buffalo County, Wisconsin

There are 4 low income housing apartment communities offering 151 affordable apartments for rent in Buffalo County, Wisconsin. Buffalo County features 118 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 33 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Buffalo County.

Sourced from federal housing data and research.

Buffalo County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 151
Total Housing Units with Rental Assistance 118
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
Total Population 13,319

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.1

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 $66,600

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 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 Buffalo County 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 $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
80% of Median $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Buffalo County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
60% of Median $28,740 $32,880 $36,960 $41,040 $44,340 $47,640 $50,940 $54,180

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Buffalo County is $36,960 a year, or $3,080 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,080 by 30% to get a maximum rent of $924 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $599 $642 $770 $889 $993 $1,095
60% $719 $770 $924 $1,067 $1,191 $1,314
Fair Market Rents in Buffalo County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$502 $585 $771 $974 $1,058

Cities In Buffalo County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Mondovi 2 The HUD funded Public Housing Agency that serves Mondovi is the Mondovi Housing Authority.
Alma 0
Belvidere 0
Buffalo 0
Buffalo City 0
Canton 0
Cochrane 0
Cross 0
Dover 0
Fountain City 0
Gilmanton 0
Glencoe 0
Lincoln 0
Maxville 0
Milton 2
Modena 0
Montana 0
Naples 0
Nelson 0
Waumandee 0