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

Viking Village

421 Christel Dr
Valders, Wisconsin
Rent Assisted
S. 515 Rural
Showing Results 1-15
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There are 32 low-income apartments in Valders that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Valders where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 9th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Valders, 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
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Integrated Community Solutions Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Valders.

Valders, Wisconsin Affordable Housing Data

Income Based Apartments in Valders, Wisconsin

Valders 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 Valders, Wisconsin

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Valders.

Housing Choice Vouchers in Valders, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Valders, Wisconsin for a two-bedroom apartment is between $743 and $909.

2023 Valders, 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
Valders, Wisconsin Fair Market Rent $634 $635 $826 $1,005 $1,110
Valders, Wisconsin Payment Standard Range $571 to $697 $572 to $699 $743 to $909 $905 to $1,106 $999 to $1,221

Sourced from federal housing data and AffordableHousingOnline.com research.

Valders, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 31.69%
Average Renter Household Size 1.82
Average Household Size 2.34
Median Household Income $45,625 ±$11,100
Median Rent $650 ±$180
Percentage Of Renters Overburdened 29.08% ± 12.19pp
Total Population 1,041

Population and Household Demographics

Valders is a city in Manitowoc County, Wisconsin with a population of 1,041. There are 445 households in the city with an average household size of 2.34 persons. 31.69% of households in Valders are renters.

Income and Rent Overburden in Valders

The median gross income for households in Valders is $45,625 a year, or $3,802 a month. The median rent for the city is $650 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Valders, a household making less than $2,167 a month would be considered overburdened when renting an apartment at or above the median rent. 29.08% of households who rent are overburdened in Valders.

Area Median Income In Valders

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 Valders, the AMI is calculated from all households within Manitowoc County.

In Valders, HUD calculates the Area Median Income for a family of four as $83,200

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 Valders

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 Valders

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 Valders AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,950 $20,500 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Valders AMI may qualify for rental assistance programs that target Very Low Income households.
$29,900 $34,200 $38,450 $42,700 $46,150 $49,550 $52,950 $56,400
80% AMI Income Limits
Renters earning up to 80% of the Valders AMI may qualify for rental assistance programs that target Low Income households.
$47,850 $54,650 $61,500 $68,300 $73,800 $79,250 $84,700 $90,200