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

Discover affordable housing in Milltown where there are 2+ 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.

Sunnyview Apartments

150 Sunnyview Dr, Milltown, Wisconsin 54858

Milltown Apartments

203 Stokley Rd, Milltown, Wisconsin 54858

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 Milltown, 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 Milltown, Wisconsin Affordable Housing ↓

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

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

How many renters live in Milltown, Wisconsin?

The City of Milltown has 809 people living in 424 households.

There are 229 renters living in 150 renter households in this City. Renters make up 28.31 percent of the population living in Milltown.

What is the rental market like in Milltown, Wisconsin?

There are an estimated 481 housing units in the Milltown area. Of these, 159 units are rental homes, making up 33 percent of the housing market. For every renter household in Milltown, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Milltown?

The rental vacancy rate in Milltown is 6 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 Milltown for each bedroom size?

Occupied Rental Units by Size in Milltown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 80 32 20 0
Occupied Rental Units by Size in Milltown

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

Among renter households in this market, 49 percent have housing cost burden. Further, 29 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 Milltown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,498. 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 $1,233
Four BR $1,498
2024 Fair Market Rents in Milltown, Wisconsin

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

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 18 100 percent
One BR 70 88 percent
Two BR 9 28 percent
Rental Units Below FMR in Milltown, Wisconsin

How many affordable rental units are in Milltown?

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

Federal Program Unit Count
Low Income Housing Tax Credit 26
Section 8 Project-Based Rental Assistance 32
Tracked Units by Federal Program in Milltown, Wisconsin

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

Income Based Apartments in Milltown, Wisconsin

Milltown features 32 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 Milltown, Wisconsin

There are 26 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Milltown.

Housing Choice Vouchers in Milltown, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.