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

Discover affordable housing in Muskego 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.

Muskego School Apartment

S 75 W17476 Janesville Rd, Muskego, Wisconsin 53150

Woodview Senior Apartments

87 SW Woods Rd, Muskego, Wisconsin 0

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 Muskego, Wisconsin
$22.16/hour
$14.91 (+206%) more than Wisconsin minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Muskego, Wisconsin Affordable Housing ↓

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

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

How many renters live in Muskego, Wisconsin?

The City of Muskego has 25,073 people living in 9,966 households.

There are 1,916 renters living in 1,128 renter households in this City. Renters make up 7.64 percent of the population living in Muskego.

What is the rental market like in Muskego, Wisconsin?

There are an estimated 10,197 housing units in the Muskego area. Of these, 1,222 units are rental homes, making up 12 percent of the housing market. For every renter household in Muskego, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Muskego?

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

Occupied Rental Units by Size in Muskego
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
49 316 569 143 51
Occupied Rental Units by Size in Muskego

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

Among renter households in this market, 46 percent have housing cost burden. Further, 32 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 Muskego

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $845 to $1,592. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $845
One BR $979
Two BR $1,170
Three BR $1,460
Four BR $1,592
2024 Fair Market Rents in Muskego, Wisconsin

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

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 0 100 percent
One BR 155 49 percent
Two BR 248 44 percent
Rental Units Below FMR in Muskego, Wisconsin

How many affordable rental units are in Muskego?

Income Based Apartments in Muskego, Wisconsin

Muskego features 0 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 Muskego, Wisconsin

There are 144 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Muskego.

Housing Choice Vouchers in Muskego, Wisconsin

On average, Section 8 Housing Choice vouchers pay Muskego landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Muskego.

The maximum amount a voucher would pay on behalf of a low-income tenant in Muskego, Wisconsin for a two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.com research.