About This Property
Elementary School Apartments offers 36 units across a mix of two and three-bedroom floor plans in Schofield, Wisconsin. The property includes 13 units designated for low-income households and has been in service since 2015. Funding sources include HOME program assistance, and the property is supported through 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Marathon County, WI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $691 |
| 1 Bedroom | $776 |
| 2 Bedroom | $1,020 |
| 3 Bedroom | $1,324 |
| 4 Bedroom | $1,358 |
Income Limits - Marathon County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,700
- Very Low (50%)
- $27,800
- Low (80%)
- $44,450
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,700
- Low (80%)
- $57,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,650
- Low (80%)
- $63,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,850
- Low (80%)
- $68,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,000
- Low (80%)
- $73,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,350
- Low (80%)
- $83,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,700 | $27,800 | $44,450 |
| 2 Persons | $19,050 | $31,750 | $50,800 |
| 3 Persons | $21,960 | $35,700 | $57,150 |
| 4 Persons | $26,500 | $39,650 | $63,450 |
| 5 Persons | $31,040 | $42,850 | $68,550 |
| 6 Persons | $35,580 | $46,000 | $73,650 |
| 7 Persons | $40,120 | $49,200 | $78,700 |
| 8 Persons | $44,660 | $52,350 | $83,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Schofield, WI?+
The Fair Market Rent (FMR) for Marathon County, WI is: $691 (Studio), $776 (1BR), $1020 (2BR), $1324 (3BR), $1358 (4BR). Actual rent at subsidized properties like Elementary School Apartments Fka Historic School is typically 30% of household income or less.
What size apartments are available at Elementary School Apartments Fka Historic School?+
Elementary School Apartments Fka Historic School offers the following unit types: 12 Two-Bedroom, 24 Three-Bedroom units, for a total of 36 units.
Who manages Elementary School Apartments Fka Historic School?+
Elementary School Apartments Fka Historic School is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Schofield, WI?+
Based on Fair Market Rent for Marathon County, the estimated price range is: 2-bedroom: $1020, 3-bedroom: $1324. Actual rent at Elementary School Apartments Fka Historic School may be lower for income-eligible households.
How do I apply for housing at Elementary School Apartments Fka Historic School?+
Elementary School Apartments Fka Historic School is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Marathon County, WI?+
For a 4-person household in Marathon County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,650, Low Income (80% AMI): $63,450. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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