About This Property
Parkview III is a 73-unit affordable housing community in Racine that includes 28 low-income units. The property, which opened in 2013, offers a mix of 51 one-bedroom and 22 two-bedroom units and is financed through 9% Low-Income Housing Tax Credits. The community is managed to provide housing options for residents with varying income levels.
Waitlist Information
Waitlist managed by Housing Authority of Racine County
If exercising portability, the income limit of the receiving housing authority is used; if issued a voucher while living outside Racine County, applicants must utilize the voucher in Racine County for at least 12 months before porting out.
Waitlist data provided by section8waitlist.org
Updated July 29, 2026
Property Details
Fair Market Rent - Racine 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 | $740 |
| 1 Bedroom | $842 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,429 |
| 4 Bedroom | $1,662 |
Income Limits - Racine County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,050
- Low (80%)
- $43,250
- Extremely Low (30%)
- $18,550
- Very Low (50%)
- $30,900
- Low (80%)
- $49,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,600
- Low (80%)
- $61,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,700
- Low (80%)
- $66,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,900
- Low (80%)
- $76,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,050 | $43,250 |
| 2 Persons | $18,550 | $30,900 | $49,400 |
| 3 Persons | $21,960 | $34,750 | $55,600 |
| 4 Persons | $26,500 | $38,600 | $61,750 |
| 5 Persons | $31,040 | $41,700 | $66,700 |
| 6 Persons | $35,580 | $44,800 | $71,650 |
| 7 Persons | $40,120 | $47,900 | $76,600 |
| 8 Persons | $44,660 | $51,000 | $81,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Racine, WI?+
The Fair Market Rent (FMR) for Racine County, WI is: $740 (Studio), $842 (1BR), $1092 (2BR), $1429 (3BR), $1662 (4BR). Actual rent at subsidized properties like Parkview Iii is typically 30% of household income or less.
What size apartments are available at Parkview Iii?+
Parkview Iii offers the following unit types: 51 One-Bedroom, 22 Two-Bedroom units, for a total of 73 units.
How do I apply for housing at Parkview Iii?+
Parkview Iii 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.
Who manages Parkview Iii?+
Parkview Iii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Racine County, WI?+
For a 4-person household in Racine County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,600, Low Income (80% AMI): $61,750. These limits are set by HUD and updated annually.
Is there a waitlist for Parkview Iii?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. 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 Racine, WI?+
Based on Fair Market Rent for Racine County, the estimated price range is: 1-bedroom: $842, 2-bedroom: $1092. Actual rent at Parkview Iii may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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