Affordable Housing In Columbus
Columbia County, Wisconsin

4 Low Income Apartment Communities In Columbus

Carriage Hill

195 Fuller St
Columbus, WI
Subsidized

The Whitney

100 E James St
Columbus, WI
HCV Welcome

Colonial Manor

15 Parkview Cir
Columbus, WI
HCV Welcome

Farnham Village

938 Farnham St
Columbus, WI
  • «
  • 1
  • »

Housing Authorities that serve Columbus

Housing Authority Programs
Central Wisconsin Community Action Council Inc Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Columbus, Wisconsin

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 69 affordable apartments for rent in Columbus, Wisconsin. Columbus features 28 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 41 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Columbus.

Columbus, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 69
Total Housing Units with Rental Assistance 28
Percentage of Housing Units Occupied By Renters 31.61%
Average Renter Household Size 1.86
Average Household Size 2.37
Median Household Income $58,818 ±$8,123
Median Rent $742 ±$100
Percentage Of Renters Overburdened 33.48% ± 15.64pp
Total Population 4,999

Population and Household Demographics

Columbus is a City in Columbia County, Wisconsin with a population of 4,999. There are 2,088 households in the city with an average household size of 2.37 persons. 31.61% of households in Columbus are renters.

Income and Rent Overburden in Columbus

The median gross income for households in Columbus is $58,818 a year, or $4,902 a month. The median rent for the city is $742 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Columbus, a household making less than $2,473 a month would be considered overburdened when renting an apartment at or above the median rent. 33.48% of households who rent are overburdened in Columbus.1

Area Median Income In Columbus

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Columbus, the AMI is calculated from all households within Columbia County.

In Columbus, HUD calculates the Area Median Income for a family of four as $78,300

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 Columbus

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 Columbus HUD Rental Assistance in Columbus

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,450 $18,800 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,450 $31,350 $35,250 $39,150 $42,300 $45,450 $48,550 $51,700
80% of Median $43,900 $50,150 $56,400 $62,650 $67,700 $72,700 $77,700 $82,700
Low Income Housing Tax Credits in Columbus

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 1992, 2 low income apartment communities containing 31 rental apartments have been constructed and made affordable to low income persons in Columbus by the Low Income Housing Tax Credit Program.

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 Columbus

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,450 $31,350 $35,250 $39,150 $42,300 $45,450 $48,550 $51,700
60% of Median $32,940 $37,620 $42,300 $46,980 $50,760 $54,540 $58,260 $62,040

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 Columbus is $42,300 a year, or $3,525 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,525 by 30% to get a maximum rent of $1,058 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% $686 $735 $881 $1,018 $1,136 $1,253
60% $824 $882 $1,058 $1,222 $1,364 $1,504
Fair Market Rents in Columbus

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
$596 $695 $915 $1,296 $1,301