Affordable Housing In Plover
7 Low Income Apartment Communities In Plover
Housing Authorities that serve Plover
|Portage County Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Plover, Wisconsin
There are 7 low income housing apartment communities offering 246 affordable apartments for rent in Plover, Wisconsin.
Income Based Apartments in Plover, Wisconsin
Plover 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 Plover, Wisconsin
There are 224 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Plover.
Housing Choice Vouchers in Plover, Wisconsin
On average, Section 8 Housing Choice vouchers pay Plover landlords $300 per month towards rent. The average voucher holder contributes $400 towards rent in Plover.
The maximum amount a voucher would pay on behalf of a low-income tenant in Plover, Wisconsin for a two-bedroom apartment is between $704 and $860.
2021 Plover, 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|
|Plover, Wisconsin Fair Market Rent||$566||$617||$782||$1,008||$1,192|
|Plover, Wisconsin Payment Standard Range||$509 to $623||$555 to $679||$704 to $860||$907 to $1,109||$1,073 to $1,311|
Sourced from federal housing data and AffordableHousingOnline.com research.
Plover, WI Affordable Housing Snapshot
|Total Affordable Apartment Properties||7|
|Total Low Income Apartments||246|
|Total Housing Units with Rental Assistance||22|
|Percentage of Housing Units Occupied By Renters||39.57%|
|Average Renter Household Size||1.96|
|Average Household Size||2.42|
|Median Household Income||$57,838 ±$5,454|
|Median Rent||$757 ±$51|
|Percentage Of Renters Overburdened||45.61% ± 8.6pp|
Population and Household Demographics
Plover is a city in Portage County, Wisconsin with a population of 12,255. There are 5,031 households in the city with an average household size of 2.42 persons. 39.57% of households in Plover are renters.
Income and Rent Overburden in Plover
The median gross income for households in Plover is $57,838 a year, or $4,820 a month. The median rent for the city is $757 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Plover, a household making less than $2,523 a month would be considered overburdened when renting an apartment at or above the median rent. 45.61% of households who rent are overburdened in Plover.
Area Median Income In Plover
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 Plover, the AMI is calculated from all households within Portage County.
In Plover, HUD calculates the Area Median Income for a family of four as $80,400
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 Plover
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 Plover
|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 Plover AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Plover AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Plover AMI may qualify for rental assistance programs that target Low Income households.