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

Discover affordable housing in Centuria 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.

Harvey Dueholm Villa

501 8th St, Centuria, Wisconsin 54824

Jacqueline Lawrence Villa

710 Polk Avenue, Centuria, Wisconsin 54824

Hometown Villages

401 7th St, Centuria, Wisconsin 54824

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 Centuria, 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 Centuria, Wisconsin Affordable Housing ↓

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

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

How many renters live in Centuria, Wisconsin?

The City of Centuria has 933 people living in 433 households.

There are 352 renters living in 172 renter households in this City. Renters make up 37.73 percent of the population living in Centuria.

What is the rental market like in Centuria, Wisconsin?

There are an estimated 466 housing units in the Centuria area. Of these, 172 units are rental homes, making up 37 percent of the housing market. For every renter household in Centuria, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Centuria?

The rental vacancy rate in Centuria 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 Centuria for each bedroom size?

Occupied Rental Units by Size in Centuria
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 41 43 66 0
Occupied Rental Units by Size in Centuria

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

Among renter households in this market, 41 percent have housing cost burden. Further, 29 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 Centuria

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,498. 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 $1,233
Four BR $1,498
2024 Fair Market Rents in Centuria, Wisconsin

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

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 19 86 percent
One BR 36 88 percent
Two BR 26 60 percent
Rental Units Below FMR in Centuria, Wisconsin

How many affordable rental units are in Centuria?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 22
Section 202 Supportive Housing for the Elderly 8
Tracked Units by Federal Program in Centuria, Wisconsin

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

Income Based Apartments in Centuria, Wisconsin

Centuria features 186 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 Centuria, Wisconsin

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

Housing Choice Vouchers in Centuria, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.