About This Property
Riverplace Apts comprises 43 low-income residential units in Janesville, Wisconsin, with a unit mix of 19 one-bedroom and 25 two-bedroom apartments. The property was placed in service in 1995 and operates with 9% Low-Income Housing Tax Credit financing. This Rock County community serves households meeting low-income eligibility requirements.
Waitlist Information
Waitlist managed by Janesville Neighborhood Services
The waiting list has preferences for those who live or work in the City of Janesville, are displaced by government action, displaced by rental rehab, or are homeless. Applications were randomly selected for placement on the waiting list.
Waitlist data provided by section8waitlist.org
Updated June 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Janesville, 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 Riverplace Apts is typically 30% of household income or less.
What size apartments are available at Riverplace Apts?+
Riverplace Apts offers the following unit types: 19 One-Bedroom, 25 Two-Bedroom units, for a total of 43 units.
Is there a waitlist for Riverplace Apts?+
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.
Who manages Riverplace Apts?+
Riverplace Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Riverplace Apts?+
Riverplace Apts 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 is the price range for apartments in Janesville, WI?+
Based on Fair Market Rent for Rock County, the estimated price range is: 1-bedroom: $841, 2-bedroom: $1105. Actual rent at Riverplace Apts may be lower for income-eligible households.
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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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