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Discover affordable housing in Racine where there are 44+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
500 Shelbourne Ct, Racine, Wisconsin 53402
bed3
payment$1300-1350/mo.
3003 Durand Ave, Racine, Wisconsin 53403
bed1
815 8th Street, Racine, Wisconsin 53403
bed1-3
payment$936-1450/mo.
424 Lake Ave., Racine, Wisconsin 53403
bed1-2
payment$989-1178/mo.
2132 Center St, Racine, Wisconsin 53403
bedStudio-1
3919 Ruby Ave, Racine, Wisconsin 53402
bed1
1316 16th Street, Racine, Wisconsin 53403
bed1-2
1912 Wisconsin Ave, Racine, Wisconsin 53403
2000 Washington Ave, Racine, Wisconsin 53403
1120 Center St, Racine, Wisconsin 53403
1204 Schiller St, Racine, Wisconsin 53403
5810 Lincoln Village Dr, Racine, Wisconsin 53406
1840 Roosevelt Ave, Racine, Wisconsin 53406
1403 W 6th St , Racine, Wisconsin 53404
4000 Maryland Ave, Racine, Wisconsin 53405
5225 Douglas Ave, Racine, Wisconsin 53402
2234 Loni Ln, Racine, Wisconsin 53406
5321 Douglas Ave, Racine, Wisconsin 53402
2100 Northwestern Ave., Racine, Wisconsin 53404
bedStudio-3
1701 Packard Ave, Racine, Wisconsin 53403
bed1-3
payment$385-1120/mo.
How To Identify Affordable Housing in Racine, Wisconsin
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InRacine, Wisconsin
$20.68/hour
(+185%) more thanWisconsin minimum wage and
$13.43(+185%) more than the Federal minimum wage.
Learn More About Racine, Wisconsin AffordableHousing ↓
What HUD offices serve Racine, Wisconsin?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Racine County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Racine, Wisconsin.
Go to theWisconsinPublic Housing and Low-Income Apartments Waiting Lists page for openings near Racine.
How many renters live in Racine, Wisconsin?
The City of Racine haspeople living in households.
There are renters living inrenter households in thisCity. Renters make up 30.85percent of the population living in Racine.
What is the rental market like in Racine, Wisconsin?
There are an estimated housing units in theRacine area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Racine, Wisconsin, there are1.25 rental units.
What is the vacancy rate for rentals in Racine?
The rental vacancy rate in Racine is 6 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.
How many rental units are in Racine for each bedroom size?
Occupied Rental Units by Size in Racine
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 305 2,777 5,455 3,635 570 Occupied Rental Units by Size in Racine
A large number of apartments in Racine have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How Much Is Rent in Racine
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $740 to $1,662. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $740 One BR $842 Two BR $1,092 Three BR $1,429 Four BR $1,662 2024 Fair Market Rents in Racine, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Racine?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 143 47 percent One BR 1,879 68 percent Two BR 3,494 64 percent Rental Units Below FMR in Racine, Wisconsin
How many affordable rental units are in Racine?
There are a variety of federal affordable housing programs serving households inRacine, Wisconsin including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Racine, Wisconsin
Income Based Apartments in Racine, Wisconsin
Racine features 1,037 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Racine, Wisconsin
There are 1,349 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Racine.
Housing Choice Vouchers in Racine, Wisconsin
On average, Section 8 Housing Choice vouchers pay Racine landlords$500 per month towards rent. The average voucher holdercontributes $400 towards rent inRacine.
The maximum amount a voucher would pay on behalf of a low-income tenant in Racine, Wisconsin fora two-bedroom apartment is between $983 and $1,201.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.
What Renters Say About Us
La'Velle D Jackson says:
"I’ve had opportunities to apply to states and cities that I never thought of before on Affordable Housing Online. Thank you for your help!"
