Low Income Apartments and Affordable Housing For Rent in Arcadia, WI

Discover affordable housing in Arcadia where there are 5+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Central Manor Apartments

257 S Gillespie Ave, Arcadia, Wisconsin 54612

Sunrise Manor

612 Sobotta St, Arcadia, Wisconsin 54612

Thousand Oaks Apartments

1385 E Wilson Ave, Arcadia, Wisconsin 54612

Scattered Sites

253 Willow St, Arcadia, Wisconsin 54612

R and R Housing

1575 E Blaschko Ave, Arcadia, Wisconsin 54612

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Arcadia, Wisconsin
$17.41/hour
$10.16 (+140%) more than Wisconsin minimum wage and $10.16 (+140%) more than the Federal minimum wage.
Learn More About Arcadia, Wisconsin Affordable Housing ↓

What HUD offices serve Arcadia, Wisconsin?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Arcadia, Wisconsin.

Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Arcadia.

How many renters live in Arcadia, Wisconsin?

The City of Arcadia has 3,669 people living in 1,301 households.

There are 1,599 renters living in 577 renter households in this City. Renters make up 43.58 percent of the population living in Arcadia.

What is the rental market like in Arcadia, Wisconsin?

There are an estimated 1,301 housing units in the Arcadia area. Of these, 577 units are rental homes, making up 44 percent of the housing market. For every renter household in Arcadia, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Arcadia?

The rental vacancy rate in Arcadia is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Arcadia for each bedroom size?

Occupied Rental Units by Size in Arcadia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 169 243 141 17
Occupied Rental Units by Size in Arcadia

A large number of apartments in Arcadia have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Arcadia are overburdened by housing costs?

Among renter households in this market, 32 percent have housing cost burden. Further, 6 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Arcadia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $695 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $695
One BR $699
Two BR $919
Three BR $1,219
Four BR $1,224
2024 Fair Market Rents in Arcadia, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Arcadia?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 127 75 percent
Two BR 98 40 percent
Rental Units Below FMR in Arcadia, Wisconsin

How many affordable rental units are in Arcadia?

There are a variety of federal affordable housing programs serving households in Arcadia, Wisconsin including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 100
Public Housing 31
Section 8 Project-Based Rental Assistance 30
USDA Section 515 Rural Rental Housing 92
Tracked Units by Federal Program in Arcadia, Wisconsin

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Arcadia, Wisconsin

Arcadia features 125 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Arcadia, Wisconsin

There are 59 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Arcadia.

Housing Choice Vouchers in Arcadia, Wisconsin

On average, Section 8 Housing Choice vouchers pay Arcadia landlords $200 per month towards rent. The average voucher holder contributes $300 towards rent in Arcadia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Arcadia, Wisconsin for a two-bedroom apartment is between $827 and $1,011.

Sourced from federal housing data and AffordableHousingOnline.com research.