Affordable Housing In Pierce County
29 Low Income Apartment Communities In Pierce County
Guide To Affordable Housing in Pierce County, Wisconsin
There are 29 low income housing apartment communities offering 1,057 affordable apartments for rent in Pierce County, Wisconsin.
Income Based Apartments in Pierce County, Wisconsin
Pierce County features 662 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 Pierce County, Wisconsin
There are 370 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pierce County.
Housing Choice Vouchers in Pierce County, Wisconsin
On average, Section 8 Housing Choice vouchers pay Pierce County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Pierce County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pierce County, Wisconsin for a two-bedroom apartment is between $1,093 and $1,335.
2020 Pierce County, 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|
|Fair Market Rent||$820||$971||$1,214||$1,722||$2,025|
|Payment Standard Range||$738 to $902||$874 to $1,068||$1,093 to $1,335||$1,550 to $1,894||$1,823 to $2,228|
Sourced from federal housing data and AffordableHousingOnline.com research.
Pierce County, WI Affordable Housing Snapshot
|Total Affordable Apartment Properties||29|
|Total Low Income Apartments||1,057|
|Total Housing Units with Rental Assistance||662|
|Percentage of Housing Units Occupied By Renters||27.63%|
|Average Renter Household Size||2.23|
|Average Household Size||2.51|
|Median Household Income||$61,611 ±$2,179|
|Median Rent||$750 ±$39|
|Percentage Of Renters Overburdened||44.97% ± 6.11pp|
Population and Household Demographics
Pierce County is a county in Wisconsin with a population of 40,799. There are 15,177 households in the county with an average household size of 2.51 persons. 27.63% of households in Pierce County are renters.
Income and Rent Overburden in Pierce County
The median gross income for households in Pierce County is $61,611 a year, or $5,134 a month. The median rent for the county is $750 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pierce County, a household making less than $2,500 a month would be considered overburdened when renting an apartment at or above the median rent. 44.97% of households who rent are overburdened in Pierce County.
Area Median Income In Pierce 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 Pierce County, HUD calculates the Area Median Income for a family of four as $103,400
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 Pierce 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 HUD Rental Assistance in Pierce County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,700||$24,800||$27,900||$31,000||$33,500||$36,000||$39,640||$44,120|
|50% of Median||$36,200||$41,400||$46,550||$51,700||$55,850||$60,000||$64,150||$68,250|
|80% of Median||$54,950||$62,800||$70,650||$78,500||$84,800||$91,100||$97,350||$103,650|
Cities In Pierce County
Select A City to View its Apartment Communities and Waiting Lists.
|River Falls||The HUD funded Public Housing Agency that serves River Falls is the River Falls Housing Authority.|