Affordable Housing In Rice Lake
Barron County, Wisconsin

Affordable Housing programs support 237 income based apartments in Rice Lake where households pay rent based on how much they earn.

There are 165 affordable apartments in Rice Lake that offer reduced rents to low-income households.

Waiting Lists in Rice Lake, Wisconsin

There are no open Section 8 Housing Choice Voucher waiting lists in Rice Lake. Go to the Wisconsin Section 8 Waiting Lists page for openings near Rice Lake.

Franklin School Apartments

1011 S Main Street
Rice Lake, Wisconsin
Affordable

Red Cedar Village

23 E Eau Claire St
Rice Lake, Wisconsin
Rent Assisted

Blue Valley Apartments

1310 N Wisconsin Ave
Rice Lake, Wisconsin
Rent Assisted
Accessible
Accessible
Disabled Supportive Housing

Woodland Village Apartments

1300 N Wisconsin Ave
Rice Lake, Wisconsin
Affordable

Wisconsin

803 Whitetail St
Rice Lake, Wisconsin
Affordable

Whitetail Cottages

901 Whitetail St
Rice Lake, Wisconsin
Affordable

Camelot Village

3000 Galahad Ln
Rice Lake, Wisconsin
Affordable

Whitetail Meadows

1001 Whitetail St
Rice Lake, Wisconsin
Affordable

Riverside Arms

423 Hatten Ave
Rice Lake, Wisconsin

Waters Edge

231 Reuter Ave
Rice Lake, Wisconsin
Affordable
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Affordable Housing Near Rice Lake

View affordable apartments and waiting lists in cities near Rice Lake

City Apartments
Affordable Housing In Almena, WI Affordable Housing programs support 2 apartment communities in Almena.
Affordable Housing In Barron, WI Affordable Housing programs support 8 apartment communities in Barron.
Affordable Housing In Chetek, WI Affordable Housing programs support 5 apartment communities in Chetek.
Affordable Housing In Cumberland, WI Affordable Housing programs support 5 apartment communities in Cumberland.
Affordable Housing In New Auburn, WI Affordable Housing programs support 2 apartment communities in New Auburn.
Affordable Housing In Prairie Farm, WI Affordable Housing programs support 2 apartment communities in Prairie Farm.

Public Housing Agencies Serving 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Rice Lake Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Barron County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Rice Lake.

Rice Lake, Wisconsin Affordable Housing Data

Income Based Apartments in Rice Lake, Wisconsin

Rice Lake features 237 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 165 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 $795 and $971.

2023 Rice Lake, 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
Rice Lake, Wisconsin Fair Market Rent $613 $671 $883 $1,109 $1,259
Rice Lake, Wisconsin Payment Standard Range $552 to $674 $604 to $738 $795 to $971 $998 to $1,220 $1,133 to $1,385

Sourced from federal housing data and AffordableHousingOnline.com research.

Rice Lake, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 426
Total Housing Units with Rental Assistance 237
Percentage of Housing Units Occupied By Renters 46.6%
Average Renter Household Size 1.76
Average Household Size 2.07
Median Household Income $36,147 ±$1,935
Median Rent $581 ±$32
Percentage Of Renters Overburdened 45.64% ± 9.34pp
Total Population 8,355

Population and Household Demographics

Rice Lake is a city in Barron County, Wisconsin with a population of 8,355. There are 3,936 households in the city with an average household size of 2.07 persons. 46.6% of households in Rice Lake are renters.

Income and Rent Overburden in Rice Lake

The median gross income for households in Rice Lake is $36,147 a year, or $3,012 a month. The median rent for the city is $581 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rice Lake, a household making less than $1,937 a month would be considered overburdened when renting an apartment at or above the median rent. 45.64% of households who rent are overburdened in Rice Lake.

Area Median Income In Rice Lake

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 Rice Lake, the AMI is calculated from all households within Barron County.

In Rice Lake, HUD calculates the Area Median Income for a family of four as $74,000

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 Rice Lake

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 Rice Lake

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 Rice Lake AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,900 $19,300 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Rice Lake AMI may qualify for rental assistance programs that target Very Low Income households.
$28,150 $32,150 $36,150 $40,150 $43,400 $46,600 $49,800 $53,000
80% AMI Income Limits
Renters earning up to 80% of the Rice Lake AMI may qualify for rental assistance programs that target Low Income households.
$45,000 $51,400 $57,850 $64,250 $69,400 $74,550 $79,700 $84,850