Low Income Apartments and Affordable Housing For Rent in Price County, WI

Discover affordable housing in Price County where there are 12+ 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.

Ridgeview Apartments

N13939 Ridge Ave, Fifield, Wisconsin 54524

Wildwood Trace

805 Progress St, Prentice, Wisconsin 54556

Doris Kohler Villa

300 Fairway Drive, Phillips, Wisconsin 54555

Charles M. Hill Villa

300 10th St S, Park Falls, Wisconsin 54552

Heritage House Apartments

300 Cherry St , Phillips, Wisconsin 54555

Eldon Marple Manor

840 9th Street South, Park Falls, Wisconsin 54552

Norbert Schmidt Villa

477 1st Avenue North , Park Falls, Wisconsin 54552

Flambeau

1175 3rd Ave S, Park Falls, Wisconsin 54552

Price County Housing

700 Division St, Park Falls, Wisconsin 54552

Argent Apartments of Phillips

305 S Eyder Ave, Phillips, Wisconsin 54555

Housing Enterprises of Prentice I

340 Center St, Prentice, Wisconsin 54556

Housing Enterprises of Prentice II, Limited

801 Progress St, Prentice, Wisconsin 54556

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 Price County, Wisconsin
$17.14/hour
$9.89 (+136%) more than Wisconsin minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Price County, Wisconsin Affordable Housing ↓

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

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

How many renters live in Price County, Wisconsin?

The County of Price County has 14,066 people living in 6,630 households.

There are 2,530 renters living in 1,358 renter households in this County. Renters make up 17.99 percent of the population living in Price County.

What is the rental market like in Price County, Wisconsin?

There are an estimated 10,797 housing units in the Price County area. Of these, 1,482 units are rental homes, making up 14 percent of the housing market. For every renter household in Price County, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Price County?

The rental vacancy rate in Price County is 7 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 Price County for each bedroom size?

Occupied Rental Units by Size in Price County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
107 275 627 256 72
Occupied Rental Units by Size in Price County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 18 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 Price County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,205. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $684
One BR $689
Two BR $905
Three BR $1,201
Four BR $1,205
2024 Fair Market Rents in Price County, Wisconsin

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

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 14 13 percent
One BR 232 84 percent
Two BR 374 60 percent
Rental Units Below FMR in Price County, Wisconsin

How many affordable rental units are in Price County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 49
Public Housing 35
Section 8 Project-Based Rental Assistance 85
Section 202 Supportive Housing for the Elderly 21
USDA Section 515 Rural Rental Housing 26
Tracked Units by Federal Program in Price County, Wisconsin

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

Income Based Apartments in Price County, Wisconsin

Price County features 173 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 Price County, Wisconsin

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Price County.

Housing Choice Vouchers in Price County, Wisconsin

On average, Section 8 Housing Choice vouchers pay Price County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Price County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Price County, Wisconsin for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.