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Affordable apartments in River Falls, Wisconsin

7 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

7 lihtc

Buildings

TIMBER RIDGE APTS

LIHTC
1495 RIVERSIDE DR, RIVER FALLS, WI, 54022
Income-restricted units
42 of 42
Year placed in service
1996
Bedroom mix
13 1BR · 29 2BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

VILLAGE PARK APTS

LIHTC
1536 S WASSON LN, RIVER FALLS, WI, 54022
Income-restricted units
39 of 40
Year placed in service
1996
Bedroom mix
6 1BR · 18 2BR · 16 3BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

RIVER GLEN APTS

LIHTC
564 CLARK ST, RIVER FALLS, WI, 54022
Income-restricted units
32 of 32
Year placed in service
1989
Bedroom mix
32 2BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

RED CEDAR ESTATES

LIHTC
1450 CEMETERY RD, RIVER FALLS, WI, 54022
Income-restricted units
24 of 24
Year placed in service
2003
Bedroom mix
12 2BR · 12 3BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

RED CEDAR ESTATES II

LIHTC
1510 CEMETERY RD, RIVER FALLS, WI, 54022
Income-restricted units
24 of 24
Year placed in service
2003
Bedroom mix
17 2BR · 7 3BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

WINDMILL PLACE

LIHTC
914 S MAIN ST, RIVER FALLS, WI, 54022
Income-restricted units
10 of 24
Year placed in service
2007
Bedroom mix
5 1BR · 19 2BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

RIVER FALLS TERRACE

LIHTC
405 S WASSON LANE, RIVER FALLS, WI, 54022
Income-restricted units
4 of 32
Year placed in service
2018
Bedroom mix
26 2BR · 6 3BR

Estimated total housing cost: $1,004 rent + $121 utilities = $1,125/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Wisconsin

Residential electricity in Wisconsin runs about 18.37¢/kWh, with a typical monthly residential electric bill near $121. Natural gas runs about $12.93/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for River Falls, WI

Metro-level
BedroomsLocal FMRNational median
Studio$853n/a
1 bedroom$954n/a
2 bedroom$1,004$1,502
3 bedroom$1,305n/a
4 bedroom$1,506n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : St. Croix County, WI

Minneapolis-St. Paul-Bloomington, MN-WI. FY2025. Area median income: $132,400.

Household size30% AMI50% AMI80% AMI
1 person$27,800$46,350$72,950
2 people$31,800$53,000$83,400
3 people$35,750$59,600$93,800
4 people$39,700$66,200$104,200
5 people$42,900$71,500$112,550
6 people$46,100$76,800$120,900
7 people$49,250$82,100$129,250
8 people$54,150$87,400$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Wisconsin cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: River Falls cost-of-living and Fair Market Rent overview