About This Property
River Cove Apartments offers 40 two-bedroom units in Stevens Point, Wisconsin, with 2 units designated for low-income residents. The property, which began operations in 2017, utilizes 9% Low-Income Housing Tax Credit financing to maintain affordability. Management of the community is available upon request.
Waitlist Information
Waitlist managed by Portage County Housing Authority
Applications are accepted on an ongoing basis. The length of time from application to being housed can range from six months to over three years. Applicants are placed on a waiting list based on the date and time of submission.
Applicants must be program and income eligible; criminal background and debt checks are conducted.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Portage 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 | $662 |
| 1 Bedroom | $762 |
| 2 Bedroom | $977 |
| 3 Bedroom | $1,224 |
| 4 Bedroom | $1,335 |
Income Limits - Portage County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,900
- Very Low (50%)
- $28,150
- Low (80%)
- $45,050
- Extremely Low (30%)
- $19,300
- Very Low (50%)
- $32,200
- Low (80%)
- $51,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,450
- Low (80%)
- $69,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,650
- Low (80%)
- $74,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,100
- Low (80%)
- $84,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,900 | $28,150 | $45,050 |
| 2 Persons | $19,300 | $32,200 | $51,450 |
| 3 Persons | $21,960 | $36,200 | $57,900 |
| 4 Persons | $26,500 | $40,200 | $64,300 |
| 5 Persons | $31,040 | $43,450 | $69,450 |
| 6 Persons | $35,580 | $46,650 | $74,600 |
| 7 Persons | $40,120 | $49,850 | $79,750 |
| 8 Persons | $44,660 | $53,100 | $84,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stevens Point, WI?+
The Fair Market Rent (FMR) for Portage County, WI is: $662 (Studio), $762 (1BR), $977 (2BR), $1224 (3BR), $1335 (4BR). Actual rent at subsidized properties like River Cove Apartments is typically 30% of household income or less.
What size apartments are available at River Cove Apartments?+
River Cove Apartments offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at River Cove Apartments?+
River Cove Apartments 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 Portage County, WI?+
For a 4-person household in Portage County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,200, Low Income (80% AMI): $64,300. These limits are set by HUD and updated annually.
What is the HUD inspection score for River Cove Apartments?+
River Cove Apartments has a HUD inspection score of 67 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages River Cove Apartments?+
River Cove Apartments is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for River Cove Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Stevens Point, WI?+
Based on Fair Market Rent for Portage County, the estimated price range is: 2-bedroom: $977. Actual rent at River Cove Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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