Low Income Apartments and Affordable Housing For Rent in Glenwood City, WI

Discover affordable housing in Glenwood City 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.

Havenwood Rcac

614 E Oak St, Glenwood City, Wisconsin 54013

Tiffany Creek

129 Tiffany Creek Rd, Glenwood City, Wisconsin 54013

Wisconsin

253 Magnolia Dr, Glenwood City, Wisconsin 54013

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 Glenwood City, Wisconsin
$30.72/hour
$23.47 (+324%) more than Wisconsin minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Glenwood City, Wisconsin Affordable Housing ↓

What HUD offices serve Glenwood City, 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 Glenwood City, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Glenwood City, Wisconsin.

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

How many renters live in Glenwood City, Wisconsin?

The City of Glenwood City has 1,207 people living in 543 households.

There are 328 renters living in 214 renter households in this City. Renters make up 27.17 percent of the population living in Glenwood City.

What is the rental market like in Glenwood City, Wisconsin?

There are an estimated 594 housing units in the Glenwood City area. Of these, 214 units are rental homes, making up 36 percent of the housing market. For every renter household in Glenwood City, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Glenwood City?

The rental vacancy rate in Glenwood City 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 Glenwood City for each bedroom size?

Occupied Rental Units by Size in Glenwood City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 101 61 49 3
Occupied Rental Units by Size in Glenwood City

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

Among renter households in this market, 29 percent have housing cost burden. Further, 10 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 Glenwood City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Glenwood City, Wisconsin

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

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 70 69 percent
Two BR 61 100 percent
Rental Units Below FMR in Glenwood City, Wisconsin

How many affordable rental units are in Glenwood City?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4
Section 8 Project-Based Rental Assistance 10
Tracked Units by Federal Program in Glenwood City, Wisconsin

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

Income Based Apartments in Glenwood City, Wisconsin

Glenwood City features 48 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 Glenwood City, Wisconsin

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Glenwood City.

Housing Choice Vouchers in Glenwood City, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Glenwood City, Wisconsin for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.