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

Discover affordable housing in Augusta where there are 1+ 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.

Augusta 12

511 Colfax St, Augusta, Wisconsin 54722

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Augusta, Wisconsin
$19.68/hour
$12.43 (+171%) more than Wisconsin minimum wage and $12.43 (+171%) more than the Federal minimum wage.
Learn More About Augusta, Wisconsin Affordable Housing ↓

What HUD offices serve Augusta, 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 Augusta, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Augusta, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Augusta, Wisconsin.

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

How many renters live in Augusta, Wisconsin?

The City of Augusta has 1,254 people living in 511 households.

There are 305 renters living in 163 renter households in this City. Renters make up 24.32 percent of the population living in Augusta.

What is the rental market like in Augusta, Wisconsin?

There are an estimated 559 housing units in the Augusta area. Of these, 170 units are rental homes, making up 30 percent of the housing market. For every renter household in Augusta, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Augusta?

The rental vacancy rate in Augusta is 4 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 Augusta for each bedroom size?

Occupied Rental Units by Size in Augusta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 30 64 27 12
Occupied Rental Units by Size in Augusta

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

Among renter households in this market, 44 percent have housing cost burden. Further, 22 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 Augusta

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $777 to $1,555. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $777
One BR $833
Two BR $1,039
Three BR $1,427
Four BR $1,555
2024 Fair Market Rents in Augusta, Wisconsin

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

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 3 13 percent
One BR 26 87 percent
Two BR 62 97 percent
Rental Units Below FMR in Augusta, Wisconsin

How many affordable rental units are in Augusta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Tracked Units by Federal Program in Augusta, Wisconsin

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

Income Based Apartments in Augusta, Wisconsin

Augusta features 0 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 Augusta, Wisconsin

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Augusta.

Housing Choice Vouchers in Augusta, Wisconsin

On average, Section 8 Housing Choice vouchers pay Augusta landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Augusta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Augusta, Wisconsin for a two-bedroom apartment is between $935 and $1,143.

Sourced from federal housing data and AffordableHousingOnline.com research.