Low Income Apartments and Affordable Housing For Rent in Rice Lake, WI

Discover affordable housing in Rice Lake where there are 12+ 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.

Woodland Village Apartments

1300 N Wisconsin Ave, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Red Cedar Village

23 E Eau Claire St, Rice Lake, Wisconsin 54868

payment Subsidized

Blue Valley Apartments

1310 N Wisconsin Ave, Rice Lake, Wisconsin 54868

payment Subsidized
accessibility Accessible
accessible_forward Disability

Franklin School Apartments

1011 S Main Street, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

BCH Pine Park Apartments

800 West Allen Street, Rice Lake, Wisconsin 54868

Whitetail Cottages

901 Whitetail St, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
accessibility Accessible

Whitetail Meadows

1001 Whitetail St, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
accessibility Accessible

Wisconsin

803 Whitetail St, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
accessibility Accessible

Camelot Village

3000 Galahad Ln, Rice Lake, Wisconsin 54868

switch_access_shortcut Short Wait
accessibility Accessible

Waters Edge

231 Reuter Ave, Rice Lake, Wisconsin

switch_access_shortcut Short Wait

High Crest Ridge

710 S Wisconsin Ave, Rice Lake, Wisconsin

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Riverside Arms

423 Hatten Ave, Rice Lake, Wisconsin 54868

payment Subsidized

How To Identify Affordable Housing in Rice Lake, Wisconsin

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rice Lake, Wisconsin
$17.86/hour
$10.61 (+146%) more than Wisconsin minimum wage and $10.61 (+146%) more than the Federal minimum wage.
Learn More About Rice Lake, Wisconsin Affordable Housing ↓

What HUD offices serve Rice Lake, 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 programs for Rice Lake, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Rice Lake, Wisconsin.

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

How many renters live in Rice Lake, Wisconsin?

The City of Rice Lake has people living in households.

There are renters living in renter households in this City. Renters make up 38.32 percent of the population living in Rice Lake.

What is the rental market like in Rice Lake, Wisconsin?

There are an estimated housing units in the Rice Lake area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Rice Lake, Wisconsin, there are 1.06 rental units.

What is the vacancy rate for rentals in Rice Lake?

The rental vacancy rate in Rice Lake is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Rice Lake for each bedroom size?

Occupied Rental Units by Size in Rice Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
123 419 841 174 148
Occupied Rental Units by Size in Rice Lake

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

How Much Is Rent in Rice Lake

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $648 to $1,388. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $648
One BR $718
Two BR $943
Three BR $1,178
Four BR $1,388
2024 Fair Market Rents in Rice Lake, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Rice Lake?

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 87 71 percent
One BR 326 78 percent
Two BR 570 68 percent
Rental Units Below FMR in Rice Lake, Wisconsin

How many affordable rental units are in Rice Lake?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Rice Lake, Wisconsin

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

Income Based Apartments in Rice Lake, Wisconsin

Rice Lake features 234 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 Rice Lake, Wisconsin

There are 156 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rice Lake.

Housing Choice Vouchers in Rice Lake, Wisconsin

On average, Section 8 Housing Choice vouchers pay Rice Lake landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Rice Lake.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rice Lake, Wisconsin for a two-bedroom apartment is between $849 and $1,037.

Sourced from federal housing data and AffordableHousingOnline.com research.

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