Affordable Housing In Lafayette County
Wisconsin

15 Low Income Apartment Communities In Lafayette County

Exchange House

5850 Main St
Gratiot, WI
Subsidized

First Capitol Apartments

351 S Mound Ave
Belmont, WI
Subsidized

Drive in Highview Apartments

1023 Main St
Darlington, WI
Subsidized

Wittwer Apartments - Whpc Monticello

120 S Main St
Monticello, WI
Subsidized

Park Apartments

163 Park Ct
Benton, WI
Subsidized

Silver Lane Apartments

201 Hellers Ct
Shullsburg, WI
Subsidized

Spw Argyle Park North Apartments

302 Mill St
Argyle, WI

Spw - Darlington Park Harriet Apartments

710 Ohio St
Darlington, WI
Subsidized

Seymour Senior Village

710 E Bronson Rd
Seymour, WI
HCV Welcome

Meadowwood Manor

520 W Estey St
Shullsburg, WI
HCV Welcome

There are 15 low income housing apartment complexes which contain 224 affordable apartments for rent in Lafayette County. Many of these rental apartments are income based housing with 136 apartments that set rent based on your income. In Lafayette County, HUD housing programs support 76 rental assistance apartments through programs like Project-based Section 8. There are 88 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Lafayette County

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

Guide To Affordable Housing in Lafayette County, Wisconsin

Lafayette County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 224
Total Rent Assisted Apartments 136
Percentage of Housing Units Occupied By Renters 23.52%
Average Renter Household Size 2.30
Total Population 16,835
Housing Units 6,646
Average Household Size 2.51
Median Household Income $51,445 ±$1,324
Median Rent $635 ±$21
Percentage Of Renters Overburdened 31.73% ± 4.06pp

Population and Household Demographics

Lafayette County is a County in Wisconsin with a population of 16,835. There are 6,646 households in the county with an average household size of 2.51 persons. 23.52% of households in Lafayette County are renters.

Income and Rent Overburden in Lafayette County

The median gross income for households in Lafayette County is $51,445 a year, or $4,287 a month. The median rent for the county is $635 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lafayette County, a household making less than $2,117 a month would be considered overburdened when renting an apartment at or above the median rent. 31.73% of households who rent are overburdened in Lafayette County.1

Area Median Income In Lafayette 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 Lafayette County, HUD calculates the Area Median Income for a family of four as $67,900

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 Lafayette 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 Lafayette County HUD Rental Assistance in Lafayette 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 Lafayette County

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

From 1992 to 1994, 3 low income apartment communities containing 38 rental apartments have been constructed and made affordable to low income persons in Lafayette 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 Lafayette 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 Lafayette 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 Lafayette 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 $538 $700 $877 $960

Cities In Lafayette County

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

City Listings Served By
Belmont 3 The HUD funded Public Housing Agency that serves Belmont is the Lafayette County Housing Authority.
Darlington 2 The HUD funded Public Housing Agency that serves Darlington is the Lafayette County Housing Authority.
Argyle 2 The HUD funded Public Housing Agency that serves Argyle is the Lafayette County Housing Authority.
Benton 1 The HUD funded Public Housing Agency that serves Benton is the Lafayette County Housing Authority.
Shullsburg 3 The HUD funded Public Housing Agency that serves Shullsburg is the Lafayette County Housing Authority.
Gratiot 1 The HUD funded Public Housing Agency that serves Gratiot is the Lafayette County Housing Authority.
Monticello 1 The HUD funded Public Housing Agency that serves Monticello is the Lafayette County Housing Authority.
South Wayne 0 The HUD funded Public Housing Agency that serves South Wayne is the Lafayette County Housing Authority.
Kendall 0 The HUD funded Public Housing Agency that serves Kendall is the Lafayette County Housing Authority.
Blanchard 0
Elk Grove 0
Fayette 0
Lamont 0
New Diggings 0
Seymour 2
Wayne 0
White Oak Springs 0
Willow Springs 0
Wiota 0
Woodford 0