Affordable Housing In Green Lake County

6 Low Income Apartment Communities In Green Lake County

Historic Berlin School

289 E Huron St
Berlin, WI
Call For Rent
2-3 BR
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Dartford Bay Apartments

504 Mill St
Green Lake, WI

Mid - Wisconsin Housing

302 N Grand St
Markesan, WI

Whpc Central Wi Llc

249 River Rd
Princeton, WI

American House of Princeton

444 W Water St
Princeton, WI
HCV Welcome

Princeton Meadows

794 W Main St
Princeton, WI
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There are 6 low income housing apartment complexes which contain 208 affordable apartments for rent in Green Lake County. Many of these rental apartments are income based housing with 154 apartments that set rent based on your income. In Green Lake County, HUD housing programs support 126 rental assistance apartments through programs like Project-based Section 8. There are 54 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Guide To Affordable Housing in Green Lake County, Wisconsin

Green Lake County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 208
Total Rent Assisted Apartments 154
Percentage of Housing Units Occupied By Renters 26.51%
Average Renter Household Size 2.16
Total Population 18,966
Housing Units 7,939
Average Household Size 2.36
Median Household Income $46,780 ±$1,796
Median Rent $615 ±$26
Percentage Of Renters Overburdened 31.07% ± 6.87pp

Population and Household Demographics

Green Lake County is a County in Wisconsin with a population of 18,966. There are 7,939 households in the county with an average household size of 2.36 persons. 26.51% of households in Green Lake County are renters.

Income and Rent Overburden in Green Lake County

The median gross income for households in Green Lake County is $46,780 a year, or $3,898 a month. The median rent for the county is $615 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Green Lake County, a household making less than $2,050 a month would be considered overburdened when renting an apartment at or above the median rent. 31.07% of households who rent are overburdened in Green Lake County.1

Area Median Income In Green Lake 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 Green Lake County, HUD calculates the Area Median Income for a family of four as $65,200

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 Green Lake 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 Green Lake County HUD Rental Assistance in Green Lake 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
Low Income Housing Tax Credits in Green Lake County

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

From 1987 to 2007, 6 low income apartment communities containing 89 rental apartments have been constructed and made affordable to low income persons in Green Lake County 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 Green Lake 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 Green Lake 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 Green Lake 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$450 $545 $700 $916 $1,230

Cities In Green Lake County

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

City Listings Served By
Berlin 1
Green Lake 1
Markesan 1
Princeton 3
Brooklyn 0
Dalton 0
Kingston 0
Mackford 0
Manchester 0
Marquette 0
St. Marie 0
Seneca 0