Affordable Housing In Pierce County

25 Low Income Apartment Communities In Pierce County

Cottages of Ellsworth

411 W Cairns St
Ellsworth, WI
1-2 BR
HCV Welcome

Windmill Place Senior Apartment Living

914 S Main St
River Falls, WI
Call For Rent
1-2 BR
HCV Welcome

St Croix Manor

1028 Borner St N
Prescott, WI
Call For Rent
1 BR

Clarke Damon Villa

1685 Sunwood Ct
River Falls, WI
Disabled Supportive Housing

Lee Dreyfus Manor

271 East Summit
Ellsworth, WI

The Chalet

W528 Park Dr
Spring Valley, WI

Red Cedar Estates

1430 Cemetery Rd
River Falls, WI
HCV Welcome

Silvercrest Apartments

630 S Cogswell Dr
Salem, WI

Pierce County Elderly

141 S Maple St
Ellsworth, WI

River Falls Terrace

405 S Wasson Ln
River Falls, WI

Other Housing Authorities located in Pierce County

Housing Authority Programs
River Falls Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Pierce County, Wisconsin

There are 25 low income housing apartment communities offering 1,013 affordable apartments for rent in Pierce County, Wisconsin. Pierce County features 618 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 370 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Pierce County.

Sourced from federal housing data and research.

Pierce County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 25
Total Low Income Apartments 1,013
Total Housing Units with Rental Assistance 618
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
Total Population 40,799

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.1

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 $100,000

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 Pierce County 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 $21,000 $24,000 $27,000 $30,000 $32,400 $34,800 $39,010 $43,430
50% of Median $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
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 Pierce County

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

From 1989 to 2007, 13 low income apartment communities containing 383 rental apartments have been constructed and made affordable to low income persons in Pierce 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 Pierce County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
60% of Median $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200

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 Pierce County is $54,000 a year, or $4,500 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,500 by 30% to get a maximum rent of $1,350 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% $875 $938 $1,125 $1,300 $1,450 $1,600
60% $1,050 $1,125 $1,350 $1,560 $1,740 $1,920
Fair Market Rents in Pierce 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$820 $971 $1,214 $1,722 $2,025

Cities In Pierce County

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

City Listings Served By
River Falls 10 The HUD funded Public Housing Agency that serves River Falls is the River Falls Housing Authority.
Prescott 2
Ellsworth 9
Hartland 0
Plum City 0
Elmwood 0
Gilman 0
Bay City 0
Clifton 0
Diamond Bluff 0
El Paso 0
Hager City 0
Isabelle 0
Maiden Rock 0
Martell 0
Oak Grove 0
Rock Elm 0
Salem 2
Spring Lake 0
Spring Valley 2
Trenton 0
Trimbelle 0
Union 0