Affordable Housing In Price County
Wisconsin

11 Low Income Apartment Communities In Price County

Heritage House Apartments

300 Cherry St
Phillips, WI
$351-820
1-3 BR

Eldon Marple Manor

840 9th Street South
Park Falls, WI

Ridgeview Apartments

N13939 Ridge Ave
Fifield, WI
Subsidized

Doris Kohler Villa

300 Fairway Drive
Phillips, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Charles M. Hill Villa

300 10th St S
Park Falls, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Price County Housing

700 Division St
Park Falls, WI
Subsidized

Argent Apartments of Phillips

305 S Eyder Ave
Phillips, WI
Subsidized

Housing Enterprises of Prentice I

340 Center St
Prentice, WI
HCV Welcome

Wildwood Trace

805 Progress St
Prentice, WI
Subsidized

Flambeau

1175 3rd Ave S
Park Falls, WI

There are 11 low income housing apartment complexes which contain 199 affordable apartments for rent in Price County. Many of these rental apartments are income based housing with 157 apartments that set rent based on your income. In Price County, HUD housing programs support 76 rental assistance apartments through programs like Project-based Section 8. There are 32 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Price County

Housing Authority Programs
Central Wisconsin Community Action Council Inc Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Price County

Housing Authority Programs
Park Falls Housing Authority Public Housing

Guide To Affordable Housing in Price County, Wisconsin

Price County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 199
Total Rent Assisted Apartments 157
Percentage of Housing Units Occupied By Renters 22.9%
Average Renter Household Size 1.79
Total Population 13,800
Housing Units 6,700
Average Household Size 2.03
Median Household Income $43,137 ±$1,394
Median Rent $573 ±$48
Percentage Of Renters Overburdened 37.61% ± 2.83pp

Population and Household Demographics

Price County is a County in Wisconsin with a population of 13,800. There are 6,700 households in the county with an average household size of 2.03 persons. 22.9% of households in Price County are renters.

Income and Rent Overburden in Price County

The median gross income for households in Price County is $43,137 a year, or $3,595 a month. The median rent for the county is $573 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Price County, a household making less than $1,910 a month would be considered overburdened when renting an apartment at or above the median rent. 37.61% of households who rent are overburdened in Price County.1

Area Median Income In Price 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 Price County, HUD calculates the Area Median Income for a family of four as $57,700

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 Price 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 Price County HUD Rental Assistance in Price 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 Price 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 1993, 3 low income apartment communities containing 42 rental apartments have been constructed and made affordable to low income persons in Price 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 Price 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 Price 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 Price 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
$478 $529 $700 $926 $946

Cities In Price County

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

City Listings Served By
Prentice 3 The HUD funded Public Housing Agency that serves Prentice is the Central Wisconsin Community Action Council Inc.
Phillips 3 The HUD funded Public Housing Agency that serves Phillips is the Central Wisconsin Community Action Council Inc.
Park Falls 4 The HUD funded Public Housing Agencies that serve Park Falls are the Park Falls Housing Authority and Central Wisconsin Community Action Council Inc.
Fifield 1 The HUD funded Public Housing Agency that serves Fifield is the Central Wisconsin Community Action Council Inc.
Catawba 0 The HUD funded Public Housing Agency that serves Catawba is the Central Wisconsin Community Action Council Inc.
Eisenstein 0 The HUD funded Public Housing Agency that serves Eisenstein is the Central Wisconsin Community Action Council Inc.
Elk 0 The HUD funded Public Housing Agency that serves Elk is the Central Wisconsin Community Action Council Inc.
Emery 0 The HUD funded Public Housing Agency that serves Emery is the Central Wisconsin Community Action Council Inc.
Flambeau 0 The HUD funded Public Housing Agency that serves Flambeau is the Central Wisconsin Community Action Council Inc.
Georgetown 0 The HUD funded Public Housing Agency that serves Georgetown is the Central Wisconsin Community Action Council Inc.
Hackett 0 The HUD funded Public Housing Agency that serves Hackett is the Central Wisconsin Community Action Council Inc.
Harmony 0 The HUD funded Public Housing Agency that serves Harmony is the Central Wisconsin Community Action Council Inc.
Hill 0 The HUD funded Public Housing Agency that serves Hill is the Central Wisconsin Community Action Council Inc.
Kennan 0 The HUD funded Public Housing Agency that serves Kennan is the Central Wisconsin Community Action Council Inc.
Knox 0 The HUD funded Public Housing Agency that serves Knox is the Central Wisconsin Community Action Council Inc.
Lake 0 The HUD funded Public Housing Agency that serves Lake is the Central Wisconsin Community Action Council Inc.
Ogema 0 The HUD funded Public Housing Agency that serves Ogema is the Central Wisconsin Community Action Council Inc.
Spirit 0 The HUD funded Public Housing Agency that serves Spirit is the Central Wisconsin Community Action Council Inc.
Worcester 0 The HUD funded Public Housing Agency that serves Worcester is the Central Wisconsin Community Action Council Inc.