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

Discover affordable housing in Clayton 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.

Wisconsin

803 W Clayton Ave, Clayton, Wisconsin 54004

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 Clayton, 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 Clayton, Wisconsin Affordable Housing ↓

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

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

How many renters live in Clayton, Wisconsin?

The City of Clayton has 341 people living in 157 households.

There are 116 renters living in 70 renter households in this City. Renters make up 34.02 percent of the population living in Clayton.

What is the rental market like in Clayton, Wisconsin?

There are an estimated 168 housing units in the Clayton area. Of these, 76 units are rental homes, making up 45 percent of the housing market. For every renter household in Clayton, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Clayton?

The rental vacancy rate in Clayton is 8 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 Clayton for each bedroom size?

Occupied Rental Units by Size in Clayton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 17 17 34 0
Occupied Rental Units by Size in Clayton

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

Among renter households in this market, 59 percent have housing cost burden. Further, 40 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 Clayton

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 Clayton, Wisconsin

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

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 15 88 percent
Two BR 10 59 percent
Rental Units Below FMR in Clayton, Wisconsin

How many affordable rental units are in Clayton?

Income Based Apartments in Clayton, Wisconsin

Clayton 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 Clayton, Wisconsin

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clayton.

Housing Choice Vouchers in Clayton, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.