. Low Income Apartments For Rent in De Soto, Wisconsin - Affordable Housing Online

Winneshiek Manor

225 Main Street
De Soto, Wisconsin
Income Based
1 BR
Showing Results 1-15
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There are 0 low-income apartments in De Soto that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in De Soto where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving De Soto, 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.

Housing Authority Programs
Crawford County Housing Authority Section 8 Housing Choice Voucher (HCV)
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near De Soto.

De Soto, Wisconsin Affordable Housing Data

Income Based Apartments in De Soto, Wisconsin

De Soto features 0 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 De Soto, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in De Soto.

Housing Choice Vouchers in De Soto, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in De Soto, Wisconsin for a two-bedroom apartment is between $743 and $909.

2023 De Soto, 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
De Soto, Wisconsin Fair Market Rent $552 $669 $826 $1,005 $1,272
De Soto, Wisconsin Payment Standard Range $497 to $607 $602 to $736 $743 to $909 $905 to $1,106 $1,145 to $1,399

Sourced from federal housing data and AffordableHousingOnline.com research.

De Soto, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 10
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 17.07%
Average Renter Household Size 1.48
Average Household Size 2.24
Median Household Income $40,938 ±$10,101
Median Rent $375 ±$318
Percentage Of Renters Overburdened 38.1% ± 72.7pp
Total Population 275

Population and Household Demographics

De Soto is a city in Crawford County, Wisconsin with a population of 275. There are 123 households in the city with an average household size of 2.24 persons. 17.07% of households in De Soto are renters.

Income and Rent Overburden in De Soto

The median gross income for households in De Soto is $40,938 a year, or $3,412 a month. The median rent for the city is $375 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In De Soto, a household making less than $1,250 a month would be considered overburdened when renting an apartment at or above the median rent. 38.1% of households who rent are overburdened in De Soto.

Area Median Income In De Soto

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 De Soto, the AMI is calculated from all households within Crawford County.

In De Soto, HUD calculates the Area Median Income for a family of four as $77,400

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 De Soto

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 De Soto

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30% AMI Income Limits
Renters earning up to 30% of the De Soto AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,850 $20,400 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the De Soto AMI may qualify for rental assistance programs that target Very Low Income households.
$29,750 $34,000 $38,250 $42,500 $45,900 $49,300 $52,700 $56,100
80% AMI Income Limits
Renters earning up to 80% of the De Soto AMI may qualify for rental assistance programs that target Low Income households.
$47,600 $54,400 $61,200 $68,000 $73,450 $78,900 $84,350 $89,800