Affordable Housing In Fitchburg
Dane County, Wisconsin

7 Low Income Apartment Communities In Fitchburg

Nakoma Heights Apartments

4929 Chalet Gardens Road
Fitchburg, WI
Call For Rent
1-2 BR
HCV Welcome

Mckee Park Apartments

2931 Chapel Valley Rd
Fitchburg, WI
Elderly Supportive Housing

Debra Beebe Apartments

2100 Apache Dr
Fitchburg, WI
Disabled Supportive Housing

King James Court Apartments

5663 King James Ct
Fitchburg, WI
HCV Welcome

Chapel Valley Apartments Homes

5771 Chapel Valley Rd
Fitchburg, WI
HCV Welcome

Fitchburg Springs Apartments Homes

3317 Leopold Way
Fitchburg, WI
HCV Welcome

Housing Horizon Chapel Valley 2

5781 Chapel Valley Rd
Fitchburg, WI
HCV Welcome
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Housing Authorities that serve Fitchburg

Housing Authority Programs
Dane County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Fitchburg, Wisconsin

There are 7 low income housing apartment communities offering 454 affordable apartments for rent in Fitchburg, Wisconsin. Fitchburg features 48 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 406 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Fitchburg.

Sourced from federal housing data and research.

Fitchburg, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 454
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 50.6%
Average Renter Household Size 2.33
Average Household Size 2.36
Median Household Income $61,346 ±$4,005
Median Rent $875 ±$20
Percentage Of Renters Overburdened 46.89% ± 6.37pp
Total Population 26,616

Population and Household Demographics

Fitchburg is a City in Dane County, Wisconsin with a population of 26,616. There are 10,791 households in the city with an average household size of 2.36 persons. 50.6% of households in Fitchburg are renters.

Income and Rent Overburden in Fitchburg

The median gross income for households in Fitchburg is $61,346 a year, or $5,112 a month. The median rent for the city is $875 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fitchburg, a household making less than $2,917 a month would be considered overburdened when renting an apartment at or above the median rent. 46.89% of households who rent are overburdened in Fitchburg.1

Area Median Income In Fitchburg

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 Fitchburg, the AMI is calculated from all households within Dane County.

In Fitchburg, HUD calculates the Area Median Income for a family of four as $100,400

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 Fitchburg

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 Fitchburg HUD Rental Assistance in Fitchburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,100 $24,100 $27,100 $30,100 $32,550 $34,950 $39,010 $43,430
50% of Median $35,150 $40,200 $45,200 $50,200 $54,250 $58,250 $62,250 $66,300
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Fitchburg

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

From 1995 to 2002, 5 low income apartment communities containing 334 rental apartments have been constructed and made affordable to low income persons in Fitchburg 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 Fitchburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $35,150 $40,200 $45,200 $50,200 $54,250 $58,250 $62,250 $66,300
60% of Median $42,180 $48,240 $54,240 $60,240 $65,100 $69,900 $74,700 $79,560

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 Fitchburg is $54,240 a year, or $4,520 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,520 by 30% to get a maximum rent of $1,356 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% $879 $942 $1,130 $1,306 $1,456 $1,607
60% $1,055 $1,130 $1,356 $1,567 $1,748 $1,928
Fair Market Rents in Fitchburg

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
$861 $1,015 $1,186 $1,635 $1,972