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Affordable Housing In Rothschild
Marathon County, Wisconsin

4 Low Income Apartment Communities In Rothschild

Marathon Co Housing Redevelopment - Hud

Rothschild and Scofield
Rothschild, Wisconsin

M02 82208.200.01 Wheda Rhd3035

105 Becker St
Rothschild, Wisconsin

Cedar Creek Senior Apartments

605 Eagle Nest Blvd
Rothschild, Wisconsin

Cedar Creek Senior Housing II

607 Eagle Nest Blvd
Rothschild, Wisconsin
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Housing Authorities that serve Rothschild

Housing Authority Programs
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Rothschild, Wisconsin

There are 4 low income housing apartment communities offering 140 affordable apartments for rent in Rothschild, Wisconsin.

Income Based Apartments in Rothschild, Wisconsin

Rothschild features 0 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 Rothschild, Wisconsin

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rothschild.

Housing Choice Vouchers in Rothschild, Wisconsin

On average, Section 8 Housing Choice vouchers pay Rothschild landlords $300 per month towards rent. The average voucher holder contributes $400 towards rent in Rothschild.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rothschild, Wisconsin for a two-bedroom apartment is between $732 and $894.

2021 Rothschild, 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
Rothschild, Wisconsin Fair Market Rent $536 $618 $813 $1,017 $1,175
Rothschild, Wisconsin Payment Standard Range $482 to $590 $556 to $680 $732 to $894 $915 to $1,119 $1,058 to $1,293

Sourced from federal housing data and research.

Rothschild, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 140
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 28.49%
Average Renter Household Size 1.86
Average Household Size 2.31
Median Household Income $56,656 ±$7,050
Median Rent $720 ±$54
Percentage Of Renters Overburdened 41.73% ± 13.78pp
Total Population 5,287

Population and Household Demographics

Rothschild is a city in Marathon County, Wisconsin with a population of 5,287. There are 2,271 households in the city with an average household size of 2.31 persons. 28.49% of households in Rothschild are renters.

Income and Rent Overburden in Rothschild

The median gross income for households in Rothschild is $56,656 a year, or $4,721 a month. The median rent for the city is $720 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rothschild, a household making less than $2,400 a month would be considered overburdened when renting an apartment at or above the median rent. 41.73% of households who rent are overburdened in Rothschild.

Area Median Income In Rothschild

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 Rothschild, the AMI is calculated from all households within Marathon County.

In Rothschild, HUD calculates the Area Median Income for a family of four as $79,300

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 Rothschild

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 Rothschild

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 Rothschild AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,700 $19,050 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Rothschild AMI may qualify for rental assistance programs that target Very Low Income households.
$27,800 $31,750 $35,700 $39,650 $42,850 $46,000 $49,200 $52,350
80% AMI Income Limits
Renters earning up to 80% of the Rothschild AMI may qualify for rental assistance programs that target Low Income households.
$44,450 $50,800 $57,150 $63,450 $68,550 $73,650 $78,700 $83,800