. Low Income Apartments For Rent in Rio, Wisconsin - Affordable Housing Online

Argent of Rio

140 Athens Street
Rio, Wisconsin
Rent Assisted
S. 515 Rural

Covenant Place

420 W Lyons St
Rio, Wisconsin
S. 202
Showing Results 1-15
  • «
  • 1
  • »

There are 0 low-income apartments in Rio that offer reduced rents to eligible households.

Rental assistance programs support 30 low-income homes in Rio where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on January 4th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Rio, 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.

Housing Authority Programs
Central Wisconsin Community Action Council Inc Section 8 Housing Choice Voucher (HCV)
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Rio.

Rio, Wisconsin Affordable Housing Data

Income Based Apartments in Rio, Wisconsin

Rio features 30 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 Rio, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rio.

Housing Choice Vouchers in Rio, Wisconsin

On average, Section 8 Housing Choice vouchers pay Rio landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Rio.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rio, Wisconsin for a two-bedroom apartment is between $922 and $1,126.

2023 Rio, 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
Rio, Wisconsin Fair Market Rent $685 $778 $1,024 $1,455 $1,518
Rio, Wisconsin Payment Standard Range $617 to $754 $700 to $856 $922 to $1,126 $1,310 to $1,601 $1,366 to $1,670

Sourced from federal housing data and AffordableHousingOnline.com research.

Rio, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 30
Total Housing Units with Rental Assistance 30
Percentage of Housing Units Occupied By Renters 33.72%
Average Renter Household Size 2.16
Average Household Size 2.53
Median Household Income $54,000 ±$8,919
Median Rent $725 ±$72
Percentage Of Renters Overburdened 40.14% ± 16.58pp
Total Population 1,102

Population and Household Demographics

Rio is a city in Columbia County, Wisconsin with a population of 1,102. There are 436 households in the city with an average household size of 2.53 persons. 33.72% of households in Rio are renters.

Income and Rent Overburden in Rio

The median gross income for households in Rio is $54,000 a year, or $4,500 a month. The median rent for the city is $725 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rio, a household making less than $2,417 a month would be considered overburdened when renting an apartment at or above the median rent. 40.14% of households who rent are overburdened in Rio.

Area Median Income In Rio

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 Rio, the AMI is calculated from all households within Columbia County.

In Rio, HUD calculates the Area Median Income for a family of four as $98,400

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 Rio

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 Rio

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 Rio AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,550 $23,500 $26,450 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Rio AMI may qualify for rental assistance programs that target Very Low Income households.
$34,300 $39,200 $44,100 $48,950 $52,900 $56,800 $60,700 $64,650
80% AMI Income Limits
Renters earning up to 80% of the Rio AMI may qualify for rental assistance programs that target Low Income households.
$54,850 $62,650 $70,500 $78,300 $84,600 $90,850 $97,100 $103,400