Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

First Avenue Apts

505 E 1st Ave, Elkhorn, WI, 53121

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

First Avenue Apts comprises 40 low-income residential units in Elkhorn, Wisconsin, consisting of six one-bedroom, twenty-eight two-bedroom, and five three-bedroom apartments. The property was placed in service in 1991 and receives 9% Low-Income Housing Tax Credit funding. Property management and contact information are available through the property operator.

Waitlist Information

Waitlist managed by Walworth County Housing Authority

Public Housing Waitlist
Closed

The Public Housing waiting list is currently closed. Applications are not being accepted at this time.

Last verified February 27, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (HCV) waiting list is currently closed. Applications are not being accepted at this time.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
40
1 Bedroom
6
2 Bedroom
28
3 Bedroom
5

Fair Market Rent - Walworth County, WI

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$751
1 Bedroom$843
2 Bedroom$1,108
3 Bedroom$1,423
4 Bedroom$1,787

Income Limits - Walworth County, WI

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,550
Very Low (50%)
$27,550
Low (80%)
$44,100
2 Persons
Extremely Low (30%)
$18,900
Very Low (50%)
$31,500
Low (80%)
$50,400
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,450
Low (80%)
$56,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,350
Low (80%)
$62,950
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,500
Low (80%)
$68,000
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$45,650
Low (80%)
$73,050
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$48,800
Low (80%)
$78,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$51,950
Low (80%)
$83,100

Tax Credit Program Details

Year Placed in Service
1991
LIHTC Credit Type
9%
Low-Income Units
40 / 40

Frequently Asked Questions

What is the average rent for affordable housing in Elkhorn, WI?+

The Fair Market Rent (FMR) for Walworth County, WI is: $751 (Studio), $843 (1BR), $1108 (2BR), $1423 (3BR), $1787 (4BR). Actual rent at subsidized properties like First Avenue Apts is typically 30% of household income or less.

What size apartments are available at First Avenue Apts?+

First Avenue Apts offers the following unit types: 6 One-Bedroom, 28 Two-Bedroom, 5 Three-Bedroom units, for a total of 40 units.

Who manages First Avenue Apts?+

First Avenue Apts is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Walworth County, WI?+

For a 4-person household in Walworth County, WI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,350, Low Income (80% AMI): $62,950. These limits are set by HUD and updated annually.

How do I apply for housing at First Avenue Apts?+

First Avenue 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 Elkhorn, WI?+

Based on Fair Market Rent for Walworth County, the estimated price range is: 1-bedroom: $843, 2-bedroom: $1108, 3-bedroom: $1423. Actual rent at First Avenue Apts may be lower for income-eligible households.

Is there a waitlist for First Avenue 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.

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Walk Score

Somewhat Walkable

54
Walk
41
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6,7,8,9,10,11,12
9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Walworth County, WI

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