About This Property
Fairbanks Flats Rowhomes comprises 13 rowhome units in Beloit, Wisconsin, with eight designated as low-income units. The property, which entered service in 2008, includes seven two-bedroom and six three-bedroom units and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Beloit Housing Authority
Taking applications for 1 and 2 bedroom elderly/handicapped/disabled and 2, 3, 4 and 5 bedroom family units. Applications must be submitted with all necessary documents and verifications.
Eligibility: At or below 80% of county median income, elderly, or disabled, living in City of Beloit, Towns of Beloit or Turtle.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Rock 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 | $797 |
| 1 Bedroom | $841 |
| 2 Bedroom | $1,105 |
| 3 Bedroom | $1,461 |
| 4 Bedroom | $1,533 |
Income Limits - Rock County, WI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Beloit, WI?+
The Fair Market Rent (FMR) for Rock County, WI is: $797 (Studio), $841 (1BR), $1105 (2BR), $1461 (3BR), $1533 (4BR). Actual rent at subsidized properties like Fairbanks Flats Rowhomes is typically 30% of household income or less.
What size apartments are available at Fairbanks Flats Rowhomes?+
Fairbanks Flats Rowhomes offers the following unit types: 7 Two-Bedroom, 6 Three-Bedroom units, for a total of 13 units.
What are the income limits for affordable housing in Rock County, WI?+
For a 4-person household in Rock County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Beloit, WI?+
Based on Fair Market Rent for Rock County, the estimated price range is: 2-bedroom: $1105, 3-bedroom: $1461. Actual rent at Fairbanks Flats Rowhomes may be lower for income-eligible households.
How do I apply for housing at Fairbanks Flats Rowhomes?+
Fairbanks Flats Rowhomes 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.
Is there a waitlist for Fairbanks Flats Rowhomes?+
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.
Who manages Fairbanks Flats Rowhomes?+
Fairbanks Flats Rowhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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