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

Discover affordable housing in Edgar where there are 3+ 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.

Heidi Apartments

707 N 2nd Ave, Edgar, Wisconsin 54426

Townhouse Two Partnership

203 Thomas Hill Rd, Edgar, Wisconsin 54426

Thomas Hills Apartments

201 Thomas Hill Rd, Edgar, Wisconsin 54426

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 Edgar, Wisconsin
$19.32/hour
$12.07 (+166%) more than Wisconsin minimum wage and $12.07 (+166%) more than the Federal minimum wage.
Learn More About Edgar, Wisconsin Affordable Housing ↓

What HUD offices serve Edgar, 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 Edgar, Wisconsin.

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

How many renters live in Edgar, Wisconsin?

The City of Edgar has 1,381 people living in 698 households.

There are 265 renters living in 168 renter households in this City. Renters make up 19.19 percent of the population living in Edgar.

What is the rental market like in Edgar, Wisconsin?

There are an estimated 701 housing units in the Edgar area. Of these, 168 units are rental homes, making up 24 percent of the housing market. For every renter household in Edgar, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Edgar?

The rental vacancy rate in Edgar 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 Edgar for each bedroom size?

Occupied Rental Units by Size in Edgar
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 62 65 27 11
Occupied Rental Units by Size in Edgar

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

Among renter households in this market, 45 percent have housing cost burden. Further, 8 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 Edgar

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $691
One BR $776
Two BR $1,020
Three BR $1,324
Four BR $1,358
2024 Fair Market Rents in Edgar, Wisconsin

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

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
Studio 3 100 percent
One BR 14 23 percent
Two BR 62 95 percent
Rental Units Below FMR in Edgar, Wisconsin

How many affordable rental units are in Edgar?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Section 8 Project-Based Rental Assistance 16
USDA Section 515 Rural Rental Housing 140
Tracked Units by Federal Program in Edgar, Wisconsin

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

Income Based Apartments in Edgar, Wisconsin

Edgar 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 Edgar, Wisconsin

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edgar.

Housing Choice Vouchers in Edgar, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Edgar, Wisconsin for a two-bedroom apartment is between $918 and $1,122.

Sourced from federal housing data and AffordableHousingOnline.com research.