Low Income Apartments and Affordable Housing For Rent in Coon Valley, WI

Discover affordable housing in Coon Valley where there are 1+ 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.

Coulee View Apartments

98 Hiawatha St, Coon Valley, Wisconsin 54623

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Coon Valley, Wisconsin
$17.14/hour
$9.89 (+136%) more than Wisconsin minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Coon Valley, Wisconsin Affordable Housing ↓

What HUD offices serve Coon Valley, 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) programs for Coon Valley, Wisconsin.

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

How many renters live in Coon Valley, Wisconsin?

The City of Coon Valley has 914 people living in 376 households.

There are 105 renters living in 81 renter households in this City. Renters make up 11.49 percent of the population living in Coon Valley.

What is the rental market like in Coon Valley, Wisconsin?

There are an estimated 400 housing units in the Coon Valley area. Of these, 88 units are rental homes, making up 22 percent of the housing market. For every renter household in Coon Valley, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Coon Valley?

The rental vacancy rate in Coon Valley is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Coon Valley for each bedroom size?

Occupied Rental Units by Size in Coon Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 32 39 10 0
Occupied Rental Units by Size in Coon Valley

A large number of apartments in Coon Valley 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 Coon Valley are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 20 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 Coon Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $619 to $1,419. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $619
One BR $703
Two BR $905
Three BR $1,205
Four BR $1,419
2024 Fair Market Rents in Coon Valley, Wisconsin

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

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 21 66 percent
Two BR 19 49 percent
Rental Units Below FMR in Coon Valley, Wisconsin

How many affordable rental units are in Coon Valley?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Coon Valley, Wisconsin

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

Income Based Apartments in Coon Valley, Wisconsin

Coon Valley features 16 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 Coon Valley, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coon Valley.

Housing Choice Vouchers in Coon Valley, Wisconsin

On average, Section 8 Housing Choice vouchers pay Coon Valley landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Coon Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Coon Valley, Wisconsin for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.