How many renters live in Fort Atkinson, Iowa?
The City of Fort Atkinson has 321 people living in 147 households.
There are 46 renters living in 25 renter households in this City. Renters make up 14.33 percent of the population living in Fort Atkinson.
What is the rental market like in Fort Atkinson, Iowa?
There are an estimated 160 housing units in the Fort Atkinson area. Of these, 25 units are rental homes, making up 16 percent of the housing market. For every renter household in Fort Atkinson, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Fort Atkinson?
The rental vacancy rate in Fort Atkinson is 0 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 Fort Atkinson for each bedroom size?
Occupied Rental Units by Size in Fort Atkinson
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 2 | 2 | 14 | 6 |
Occupied Rental Units by Size in Fort Atkinson
A large number of apartments in Fort Atkinson 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 Fort Atkinson are overburdened by housing costs?
Among renter households in this market, 8 percent have housing cost burden. Further, 0 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 Fort Atkinson
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $630 |
| One BR | $656 |
| Two BR | $862 |
| Three BR | $1,144 |
| Four BR | $1,148 |
2024 Fair Market Rents in Fort Atkinson, Iowa
How many units are rented at Fair Market Rent (FMR) in Fort Atkinson?
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 | 2 | 100 percent |
| Two BR | 1 | 50 percent |
Rental Units Below FMR in Fort Atkinson, Iowa
How many affordable rental units are in Fort Atkinson?
There are a variety of federal affordable housing programs serving households in Fort Atkinson, Iowa including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 4 |
Tracked Units by Federal Program in Fort Atkinson, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fort Atkinson, Iowa
Fort Atkinson features 4 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 Fort Atkinson, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Atkinson.
Housing Choice Vouchers in Fort Atkinson, Iowa
On average, Section 8 Housing Choice vouchers pay Fort Atkinson landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fort Atkinson.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Atkinson, Iowa for a two-bedroom apartment is between $776 and $948.
Sourced from federal housing data and AffordableHousingOnline.com research.
