Affordable Housing In Niagara
Marinette County, Wisconsin

3 Low Income Apartment Communities In Niagara

Ridgeview Apartments

1248 Jackson St
Niagara, Wisconsin
Subsidized

Stoney Brook Apartments

1930 Grandview Dr
Niagara, Wisconsin
Subsidized

Hof - Manor Apartments

600 Jefferson Ave
Niagara, Wisconsin
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Housing Authorities that serve Niagara

Housing Authority Programs
Marinette County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Niagara, Wisconsin

There are 3 low income housing apartment communities offering 34 affordable apartments for rent in Niagara, Wisconsin.

Income Based Apartments in Niagara, Wisconsin

Niagara features 22 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 Niagara, Wisconsin

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Niagara.

Housing Choice Vouchers in Niagara, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Niagara, Wisconsin for a two-bedroom apartment is between $661 and $807.

2021 Niagara, 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
Niagara, Wisconsin Fair Market Rent $552 $557 $734 $913 $1,006
Niagara, Wisconsin Payment Standard Range $497 to $607 $501 to $613 $661 to $807 $822 to $1,004 $905 to $1,107

Sourced from federal housing data and AffordableHousingOnline.com research.

Niagara, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 34
Total Housing Units with Rental Assistance 22
Percentage of Housing Units Occupied By Renters 16.52%
Average Renter Household Size 1.97
Average Household Size 2.30
Median Household Income $36,855 ±$6,279
Median Rent $497 ±$102
Percentage Of Renters Overburdened 50.88% ± 20.93pp
Total Population 1,584

Population and Household Demographics

Niagara is a city in Marinette County, Wisconsin with a population of 1,584. There are 690 households in the city with an average household size of 2.30 persons. 16.52% of households in Niagara are renters.

Income and Rent Overburden in Niagara

The median gross income for households in Niagara is $36,855 a year, or $3,071 a month. The median rent for the city is $497 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Niagara, a household making less than $1,657 a month would be considered overburdened when renting an apartment at or above the median rent. 50.88% of households who rent are overburdened in Niagara.

Area Median Income In Niagara

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 Niagara, the AMI is calculated from all households within Marinette County.

In Niagara, HUD calculates the Area Median Income for a family of four as $61,300

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 Niagara

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 Niagara

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Niagara AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,100 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Niagara AMI may qualify for rental assistance programs that target Very Low Income households.
$25,150 $28,750 $32,350 $35,900 $38,800 $41,650 $44,550 $47,400
80% AMI Income Limits
Renters earning up to 80% of the Niagara AMI may qualify for rental assistance programs that target Low Income households.
$40,250 $46,000 $51,750 $57,450 $62,050 $66,650 $71,250 $75,850