Low Income Apartments and Affordable Housing For Rent in Wilder, VT

Discover affordable housing in Wilder 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.

Stony Creek

2680 Hartford Ave, Wilder, Vermont 05088

Windsor Hollow

1 Manning Dr, Wilder, Vermont 05088

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On April 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wilder, Vermont
$24.62/hour
$10.95 (+80%) more than Vermont minimum wage and $17.37 (+240%) more than the Federal minimum wage.
Learn More About Wilder, Vermont Affordable Housing ↓

What HUD offices serve Wilder, Vermont?

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 Wilder, Vermont.

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

How many renters live in Wilder, Vermont?

The City of Wilder has 3,634 people living in 1,649 households.

There are 917 renters living in 433 renter households in this City. Renters make up 25.23 percent of the population living in Wilder.

What is the rental market like in Wilder, Vermont?

There are an estimated 1,783 housing units in the Wilder area. Of these, 493 units are rental homes, making up 28 percent of the housing market. For every renter household in Wilder, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Wilder?

The rental vacancy rate in Wilder is 12 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 Wilder for each bedroom size?

Occupied Rental Units by Size in Wilder
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
51 149 210 23 0
Occupied Rental Units by Size in Wilder

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

Among renter households in this market, 46 percent have housing cost burden. Further, 28 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 Wilder

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,039 to $1,731. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,039
One BR $1,136
Two BR $1,300
Three BR $1,725
Four BR $1,731
2024 Fair Market Rents in Wilder, Vermont

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

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 4 8 percent
One BR 74 50 percent
Two BR 98 47 percent
Rental Units Below FMR in Wilder, Vermont

How many affordable rental units are in Wilder?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
USDA Section 515 Rural Rental Housing 18
Tracked Units by Federal Program in Wilder, Vermont

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

Income Based Apartments in Wilder, Vermont

Wilder features 27 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 Wilder, Vermont

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wilder.

Housing Choice Vouchers in Wilder, Vermont

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wilder, Vermont for a two-bedroom apartment is between $1,170 and $1,430.

Sourced from federal housing data and AffordableHousingOnline.com research.