Low Income Apartments and Affordable Housing For Rent in Combined Locks, WI

Discover affordable housing in Combined Locks 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.

Villas Of Combined Locks

334 Wallace St , Combined Locks, Wisconsin 54113

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Combined Locks, Wisconsin
$18.62/hour
$11.37 (+157%) more than Wisconsin minimum wage and $11.37 (+157%) more than the Federal minimum wage.
Learn More About Combined Locks, Wisconsin Affordable Housing ↓

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

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

How many renters live in Combined Locks, Wisconsin?

The City of Combined Locks has 3,620 people living in 1,405 households.

There are 470 renters living in 205 renter households in this City. Renters make up 12.98 percent of the population living in Combined Locks.

What is the rental market like in Combined Locks, Wisconsin?

There are an estimated 1,421 housing units in the Combined Locks area. Of these, 205 units are rental homes, making up 14 percent of the housing market. For every renter household in Combined Locks, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Combined Locks?

The rental vacancy rate in Combined Locks 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 Combined Locks for each bedroom size?

Occupied Rental Units by Size in Combined Locks
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 17 128 17 43
Occupied Rental Units by Size in Combined Locks

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

Among renter households in this market, 22 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 Combined Locks

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $696 to $1,332. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $696
One BR $772
Two BR $983
Three BR $1,327
Four BR $1,332
2024 Fair Market Rents in Combined Locks, Wisconsin

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

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 17 100 percent
Two BR 48 38 percent
Rental Units Below FMR in Combined Locks, Wisconsin

How many affordable rental units are in Combined Locks?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4
Tracked Units by Federal Program in Combined Locks, Wisconsin

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

Income Based Apartments in Combined Locks, Wisconsin

Combined Locks 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 Combined Locks, Wisconsin

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

Housing Choice Vouchers in Combined Locks, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Combined Locks, Wisconsin for a two-bedroom apartment is between $885 and $1,081.

Sourced from federal housing data and AffordableHousingOnline.com research.