How many renters live in Pittsville, Wisconsin?
The City of Pittsville has 882 people living in 378 households.
There are 174 renters living in 109 renter households in this City. Renters make up 19.73 percent of the population living in Pittsville.
What is the rental market like in Pittsville, Wisconsin?
There are an estimated 405 housing units in the Pittsville area. Of these, 117 units are rental homes, making up 29 percent of the housing market. For every renter household in Pittsville, Wisconsin, there are 1 rental units.
What is the vacancy rate for rentals in Pittsville?
The rental vacancy rate in Pittsville is 7 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 Pittsville for each bedroom size?
Occupied Rental Units by Size in Pittsville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 24 | 40 | 43 | 0 |
Occupied Rental Units by Size in Pittsville
A large number of apartments in Pittsville 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 Pittsville are overburdened by housing costs?
Among renter households in this market, 34 percent have housing cost burden. Further, 18 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 Pittsville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,217. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $641 |
| One BR | $696 |
| Two BR | $914 |
| Three BR | $1,190 |
| Four BR | $1,217 |
2024 Fair Market Rents in Pittsville, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Pittsville?
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 | 2 | 100 percent |
| One BR | 20 | 83 percent |
| Two BR | 35 | 88 percent |
Rental Units Below FMR in Pittsville, Wisconsin
How many affordable rental units are in Pittsville?
There are a variety of federal affordable housing programs serving households in Pittsville, Wisconsin including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly | 10 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Pittsville, Wisconsin
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pittsville, Wisconsin
Pittsville features 34 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 Pittsville, Wisconsin
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pittsville.
Housing Choice Vouchers in Pittsville, Wisconsin
On average, Section 8 Housing Choice vouchers pay Pittsville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pittsville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pittsville, Wisconsin for a two-bedroom apartment is between $823 and $1,005.
Sourced from federal housing data and AffordableHousingOnline.com research.
