Low Income Apartments In Rock County
Wisconsin

Low Income Apartments In Rock County

Garden Court Grant Village

208 N Main St
Janesville, WI
Subsidized

Woodside Terrace

2237 Burton St
Beloit, WI
HCV Welcome

Olympian Village II

405 Olympian Blvd
Beloit, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Burbank Plaza

1112 W Burbank Ave
Janesville, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Green Forest Run II

1639 Green Forest Run
Janesville, WI
62+
Accessible
Elderly Supportive Housing
Subsidized

Hamilton Terrace

1326 Hamilton Ave
Janesville, WI
Subsidized

Parkview Apartments

241 W Grand Ave
Beloit, WI
Subsidized

South Meadows Apartments

455 S 1st St
Evansville, WI
Subsidized

Lexington Court Townhomes

2633 N Lexington Dr
Janesville, WI
Subsidized

Wesley Park Apartments

2001 Wesley Ave
Janesville, WI
HCV Welcome

There are 44 low income housing apartment complexes which contain 2,222 affordable apartments for rent in Rock County. Many of these rental apartments are income based housing with 812 apartments that set rent based on your income. In Rock County, HUD housing programs support 583 rental assistance apartments through programs like Project-based Section 8. There are 1,410 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Other Housing Authorities located in Rock County

Housing Authority Programs
City of Edgerton Housing Authority Public Housing
Beloit Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Evansville Housing Authority Section 8 Housing Choice Voucher (HCV)
Janesville Neighborhood and Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Rock County, Wisconsin

Rock County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 44
Total Low Income Apartments 2,222
Total Rent Assisted Apartments 812
Percentage of Housing Units Occupied By Renters 30.81%
Average Renter Household Size 2.36
Total Population 160,727
Housing Units 63,845
Average Household Size 2.47
Median Household Income $50,324 ±$1,116
Median Rent $744 ±$13
Percentage Of Renters Overburdened 46.63% ± 2.9pp

Population and Household Demographics

Rock County is a County in Wisconsin with a population of 160,727. There are 63,845 households in the county with an average household size of 2.47 persons. 30.81% of households in Rock County are renters.

Income and Rent Overburden in Rock County

The median gross income for households in Rock County is $50,324 a year, or $4,194 a month. The median rent for the county is $744 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rock County, a household making less than $2,480 a month would be considered overburdened when renting an apartment at or above the median rent. 46.63% of households who rent are overburdened in Rock County.1

Area Median Income In Rock County

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.

In Rock County, HUD calculates the Area Median Income for a family of four as $65,600

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 Rock County

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 Rock County HUD Rental Assistance in Rock County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
80% of Median $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250
Low Income Housing Tax Credits in Rock County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2011, 30 low income apartment communities containing 926 rental apartments have been constructed and made affordable to low income persons in Rock County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Rock County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $28,740 $32,880 $36,960 $41,040 $44,340 $47,640 $50,940 $54,180

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Rock County is $36,960 a year, or $3,080 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,080 by 30% to get a maximum rent of $924 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $599 $642 $770 $889 $993 $1,095
60% $719 $770 $924 $1,067 $1,191 $1,314
Fair Market Rents in Rock County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$608 $612 $793 $1,048 $1,072

Cities In Rock County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Janesville 21 The HUD funded Public Housing Agency that serves Janesville is the Janesville Neighborhood and Community Services.
Beloit 18 The HUD funded Public Housing Agency that serves Beloit is the Beloit Housing Authority.
Milton 0
Evansville 5 The HUD funded Public Housing Agency that serves Evansville is the Evansville Housing Authority.
Spring Valley 0
Footville 0
Orfordville 0
Avon 0
Bradford 0
Center 0
Clinton 0
Fulton 0
Hanover 0
Harmony 0
Johnstown 0
La Prairie 0
Lima 0
Magnolia 0
Newark 0
Plymouth 0
Porter 0
Rock 0
Turtle 0
Union 0