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

Discover affordable housing in Strum where there are 3+ 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.

Birchwood Apartments

323 Birch St, Strum, Wisconsin 54770

Strum Housing Inc

116 and 117 3rd Ave S, Strum, Wisconsin

Strum Affordable Housing

107 4th Ave N, Strum, Wisconsin 54770

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Strum, Wisconsin
$17.41/hour
$10.16 (+140%) more than Wisconsin minimum wage and $10.16 (+140%) more than the Federal minimum wage.
Learn More About Strum, Wisconsin Affordable Housing ↓

What HUD offices serve Strum, 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), Public Housing programs for Strum, Wisconsin.

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

How many renters live in Strum, Wisconsin?

The City of Strum has 1,194 people living in 409 households.

There are 243 renters living in 90 renter households in this City. Renters make up 20.35 percent of the population living in Strum.

What is the rental market like in Strum, Wisconsin?

There are an estimated 418 housing units in the Strum area. Of these, 99 units are rental homes, making up 24 percent of the housing market. For every renter household in Strum, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Strum?

The rental vacancy rate in Strum is 9 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 Strum for each bedroom size?

Occupied Rental Units by Size in Strum
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 5 46 34 5
Occupied Rental Units by Size in Strum

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

Among renter households in this market, 24 percent have housing cost burden. Further, 7 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 Strum

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $695 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $695
One BR $699
Two BR $919
Three BR $1,219
Four BR $1,224
2024 Fair Market Rents in Strum, Wisconsin

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

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 5 100 percent
Two BR 27 59 percent
Rental Units Below FMR in Strum, Wisconsin

How many affordable rental units are in Strum?

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

Federal Program Unit Count
Low Income Housing Tax Credit 29
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Strum, Wisconsin

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

Income Based Apartments in Strum, Wisconsin

Strum features 16 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 Strum, Wisconsin

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Strum.

Housing Choice Vouchers in Strum, Wisconsin

On average, Section 8 Housing Choice vouchers pay Strum landlords $200 per month towards rent. The average voucher holder contributes $300 towards rent in Strum.

The maximum amount a voucher would pay on behalf of a low-income tenant in Strum, Wisconsin for a two-bedroom apartment is between $827 and $1,011.

Sourced from federal housing data and AffordableHousingOnline.com research.