; Low Income Apartments For Rent in Wauwatosa, WI

River Parkway Apartments and Townhomes

6300 River Parkway
Wauwatosa, Wisconsin
Rent Assisted
Call For Rent
2 BR

Greek Orthodox Manor

9440 W Congress St
Wauwatosa, Wisconsin
S. 202

Tosa Glen

1330 Saint James Ct
Wauwatosa, Wisconsin

Center Street Apartments

7400 W Center St
Wauwatosa, Wisconsin
S. 811 Supportive

Cedar Glen Senior Housing

1661 Rivers Bnd
Wauwatosa, Wisconsin
Rent Assisted

Cedar Glen Senior Aparrtments

1661 River's Bend Lane
Wauwatosa, Wisconsin
Rent Assisted
Call For Rent
1-2 BR

The Courtyard

3030 N 124th St
Wauwatosa, Wisconsin
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There are 298 low-income apartments in Wauwatosa that offer reduced rents to eligible households.

Rental assistance programs support 250 low-income homes in Wauwatosa where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $428 towards rent each month.

Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Wauwatosa, 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
Milwaukee County Housing Division Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Wauwatosa.

Wauwatosa, Wisconsin Affordable Housing Data

Income Based Apartments in Wauwatosa, Wisconsin

Wauwatosa features 250 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 Wauwatosa, Wisconsin

There are 298 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wauwatosa.

Housing Choice Vouchers in Wauwatosa, Wisconsin

On average, Section 8 Housing Choice vouchers pay Wauwatosa landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Wauwatosa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wauwatosa, Wisconsin for a two-bedroom apartment is between $983 and $1,201.

2023 Wauwatosa, 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
Wauwatosa, Wisconsin Fair Market Rent $766 $909 $1,092 $1,374 $1,499
Wauwatosa, Wisconsin Payment Standard Range $689 to $843 $818 to $1,000 $983 to $1,201 $1,237 to $1,511 $1,349 to $1,649

Sourced from federal housing data and AffordableHousingOnline.com research.

Wauwatosa, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 548
Total Housing Units with Rental Assistance 250
Percentage of Housing Units Occupied By Renters 36.71%
Average Renter Household Size 1.77
Average Household Size 2.28
Median Household Income $69,460 ±$3,065
Median Rent $957 ±$23
Percentage Of Renters Overburdened 41.89% ± 4.35pp
Total Population 47,126

Population and Household Demographics

Wauwatosa is a city in Milwaukee County, Wisconsin with a population of 47,126. There are 20,396 households in the city with an average household size of 2.28 persons. 36.71% of households in Wauwatosa are renters.

Income and Rent Overburden in Wauwatosa

The median gross income for households in Wauwatosa is $69,460 a year, or $5,788 a month. The median rent for the city is $957 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wauwatosa, a household making less than $3,190 a month would be considered overburdened when renting an apartment at or above the median rent. 41.89% of households who rent are overburdened in Wauwatosa.

Area Median Income In Wauwatosa

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 Wauwatosa, the AMI is calculated from all households within Milwaukee County.

In Wauwatosa, HUD calculates the Area Median Income for a family of four as $100,600

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 Wauwatosa

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 Wauwatosa

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 Wauwatosa AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,000 $24,000 $27,000 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Wauwatosa AMI may qualify for rental assistance programs that target Very Low Income households.
$35,000 $40,000 $45,000 $49,950 $53,950 $57,950 $61,950 $65,950
80% AMI Income Limits
Renters earning up to 80% of the Wauwatosa AMI may qualify for rental assistance programs that target Low Income households.
$55,950 $63,950 $71,950 $79,900 $86,300 $92,700 $99,100 $105,500