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

Discover affordable housing in Medford where there are 6+ 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.

Eastwood Apartments

741 Del Rea Ct, Medford, Wisconsin 54451

Cedar Court Apartments

617 Cedar St, Medford, Wisconsin 54451

Ada Deer Manor III

821 N 2nd St, Medford, Wisconsin 54451

Ada Deer Manor I

820 River Dr, Medford, Wisconsin 54451

Centennial Apts

132 S 7th St, Medford, Wisconsin

Ada Deer Manor II

837 N 2nd St, Medford, Wisconsin 54451

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 Medford, 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 Medford, Wisconsin Affordable Housing ↓

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

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

How many renters live in Medford, Wisconsin?

The City of Medford has 4,317 people living in 1,804 households.

There are 1,547 renters living in 800 renter households in this City. Renters make up 35.84 percent of the population living in Medford.

What is the rental market like in Medford, Wisconsin?

There are an estimated 1,963 housing units in the Medford area. Of these, 872 units are rental homes, making up 44 percent of the housing market. For every renter household in Medford, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Medford?

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

Occupied Rental Units by Size in Medford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 187 389 146 50
Occupied Rental Units by Size in Medford

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

Among renter households in this market, 42 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 Medford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $635 to $1,456. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $635
One BR $700
Two BR $905
Three BR $1,158
Four BR $1,456
2024 Fair Market Rents in Medford, Wisconsin

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

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 76 41 percent
Two BR 308 79 percent
Rental Units Below FMR in Medford, Wisconsin

How many affordable rental units are in Medford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
Section 8 Project-Based Rental Assistance 78
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Medford, Wisconsin

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

Income Based Apartments in Medford, Wisconsin

Medford features 80 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 Medford, Wisconsin

There are 44 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Medford.

Housing Choice Vouchers in Medford, Wisconsin

On average, Section 8 Housing Choice vouchers pay Medford landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Medford.

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

Sourced from federal housing data and AffordableHousingOnline.com research.