Affordable Housing In Racine
Racine County, Wisconsin

40 Low Income Apartment Communities In Racine

Durand Plaza

3003 Durand Ave
Racine, Wisconsin
Call For Rent
1 BR
Subsidized

Lighthouse Point Townhomes

500 Shelbourne Ct
Racine, Wisconsin
$1153
3 BR
Accepts Vouchers

The Home Company

1204 Schiller St
Racine, Wisconsin
Subsidized

South Willow Apartments

1840 Roosevelt Ave
Racine, Wisconsin
Subsidized
Accessible
Accessible
Disabled Supportive Housing

St Paul Gardens Apartments

1120 Center St
Racine, Wisconsin
Subsidized
62+
Accessible
Elderly Supportive Housing

Washington Apartments

2000 Washington Ave
Racine, Wisconsin
Subsidized

Riverview Manor Senior Apartments

1403 W 6th St
Racine, Wisconsin

1520 Clark Street

1520 Clark Street
Racine, Wisconsin
Accepts Vouchers

Albert House

4000 Maryland Ave
Racine, Wisconsin
Subsidized

Trinity Terrace

2132 Center St
Racine, Wisconsin
Subsidized
62+
Accessible
Elderly Supportive Housing

Housing Authorities that serve Racine

Housing Authority Programs
Racine County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Racine, Wisconsin

There are 40 low income housing apartment communities offering 2,251 affordable apartments for rent in Racine, Wisconsin.

Income Based Apartments in Racine, Wisconsin

Racine features 1,108 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 Racine, Wisconsin

There are 1,143 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Racine.

Housing Choice Vouchers in Racine, Wisconsin

On average, Section 8 Housing Choice vouchers pay Racine landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Racine.

The maximum amount a voucher would pay on behalf of a low-income tenant in Racine, Wisconsin for a two-bedroom apartment is between $779 and $953.

2020 Racine, 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 $564 $663 $866 $1,154 $1,209
Payment Standard Range $508 to $620 $597 to $729 $779 to $953 $1,039 to $1,269 $1,088 to $1,330

Sourced from federal housing data and AffordableHousingOnline.com research.

Racine, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 40
Total Low Income Apartments 2,251
Total Housing Units with Rental Assistance 1,108
Percentage of Housing Units Occupied By Renters 44.77%
Average Renter Household Size 2.52
Average Household Size 2.57
Median Household Income $41,455 ±$1,714
Median Rent $744 ±$18
Percentage Of Renters Overburdened 51.85% ± 3.43pp
Total Population 78,127

Population and Household Demographics

Racine is a City in Racine County, Wisconsin with a population of 78,127. There are 29,851 households in the city with an average household size of 2.57 persons. 44.77% of households in Racine are renters.

Income and Rent Overburden in Racine

The median gross income for households in Racine is $41,455 a year, or $3,455 a month. The median rent for the city is $744 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Racine, a household making less than $2,480 a month would be considered overburdened when renting an apartment at or above the median rent. 51.85% of households who rent are overburdened in Racine.1

Area Median Income In Racine

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 Racine, the AMI is calculated from all households within Racine County.

In Racine, HUD calculates the Area Median Income for a family of four as $69,400

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 Racine

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 Racine

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,000 $17,150 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,000 $28,550 $32,100 $35,650 $38,550 $41,400 $44,250 $47,100
80% of Median $39,950 $45,650 $51,350 $57,050 $61,650 $66,200 $70,750 $75,350