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

Discover affordable housing in Schofield 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.

Elementary School Apartments

130 School St, Schofield, Wisconsin 54476

bed 2-3

Marathon County Housing - Scattered Sites

2035 Grand Ave, Schofield, Wisconsin 54476

elderly Senior
payment Income Based
auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Schofield, Wisconsin

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
calendar_today Opened: Mar 21
Open Until Further Notice
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calendar_month

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Schofield, 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 Schofield, Wisconsin Affordable Housing ↓

What HUD offices serve Schofield, 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 Schofield, Wisconsin.

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

How many renters live in Schofield, Wisconsin?

The City of Schofield has people living in households.

There are renters living in renter households in this City. Renters make up 38.79 percent of the population living in Schofield.

What is the rental market like in Schofield, Wisconsin?

There are an estimated housing units in the Schofield area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Schofield, Wisconsin, there are 1.02 rental units.

What is the vacancy rate for rentals in Schofield?

The rental vacancy rate in Schofield is 2 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 Schofield for each bedroom size?

Occupied Rental Units by Size in Schofield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
61 83 303 50 21
Occupied Rental Units by Size in Schofield

A large number of apartments in Schofield have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Schofield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,358. 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 $1,324
Four BR $1,358
2024 Fair Market Rents in Schofield, Wisconsin

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

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 57 93 percent
One BR 49 59 percent
Two BR 151 50 percent
Rental Units Below FMR in Schofield, Wisconsin

How many affordable rental units are in Schofield?

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

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

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

Income Based Apartments in Schofield, Wisconsin

Schofield features 36 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 Schofield, Wisconsin

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Schofield.

Housing Choice Vouchers in Schofield, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.