Low Income Apartments and Affordable Housing For Rent in Racine County, WI

Discover affordable housing in Racine County where there are 62+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Racine County, Wisconsin
$20.68/hour
$13.43 (+185%) more than Wisconsin minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Racine County, Wisconsin Affordable Housing ↓

What HUD offices serve Racine County, Wisconsin?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Racine County, Wisconsin.

Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Racine County.

How many renters live in Racine County, Wisconsin?

The County of Racine County has 195,846 people living in 78,571 households.

There are 46,437 renters living in 21,944 renter households in this County. Renters make up 23.71 percent of the population living in Racine County.

What is the rental market like in Racine County, Wisconsin?

There are an estimated 84,771 housing units in the Racine County area. Of these, 24,250 units are rental homes, making up 29 percent of the housing market. For every renter household in Racine County, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Racine County?

The rental vacancy rate in Racine County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Racine County for each bedroom size?

Occupied Rental Units by Size in Racine County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
930 6,087 8,850 4,713 1,014
Occupied Rental Units by Size in Racine County

A large number of apartments in Racine County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Racine County are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 21 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Racine County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $740 to $1,662. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $740
One BR $842
Two BR $1,092
Three BR $1,429
Four BR $1,662
2024 Fair Market Rents in Racine County, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Racine County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 587 63 percent
One BR 3,280 54 percent
Two BR 5,254 59 percent
Rental Units Below FMR in Racine County, Wisconsin

How many affordable rental units are in Racine County?

There are a variety of federal affordable housing programs serving households in Racine County, Wisconsin including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,022
Section 8 Project-Based Rental Assistance 1,358
Section 811 Supportive Housing for Persons with Disabilities 18
USDA Section 515 Rural Rental Housing 128
Tracked Units by Federal Program in Racine County, Wisconsin

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Racine County, Wisconsin

Racine County features 1,523 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 County, Wisconsin

There are 1,723 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Racine County.

Housing Choice Vouchers in Racine County, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Racine County, Wisconsin for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.