What HUD offices serve Fall Creek, 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.
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Fall Creek.
How many renters live in Fall Creek, Wisconsin?
The City of Fall Creek has 1,459 people living in 477 households.
There are 367 renters living in 119 renter households in this City. Renters make up 25.15 percent of the population living in Fall Creek.
What is the rental market like in Fall Creek, Wisconsin?
There are an estimated 487 housing units in the Fall Creek area. Of these, 119 units are rental homes, making up 24 percent of the housing market. For every renter household in Fall Creek, Wisconsin, there are 1 rental units.
What is the vacancy rate for rentals in Fall Creek?
The rental vacancy rate in Fall Creek 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 Fall Creek for each bedroom size?
Occupied Rental Units by Size in Fall Creek
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 37 | 27 | 55 | 0 |
Occupied Rental Units by Size in Fall Creek
A large number of apartments in Fall Creek 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 Fall Creek are overburdened by housing costs?
Among renter households in this market, 34 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 Fall Creek
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 Fall Creek, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Fall Creek?
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 | 32 | 86 percent |
| Two BR | 19 | 70 percent |
Rental Units Below FMR in Fall Creek, Wisconsin
How many affordable rental units are in Fall Creek?
There are a variety of federal affordable housing programs serving households in Fall Creek, Wisconsin including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 18 |
Tracked Units by Federal Program in Fall Creek, Wisconsin
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fall Creek, Wisconsin
Fall Creek features 18 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 Fall Creek, Wisconsin
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fall Creek.
Housing Choice Vouchers in Fall Creek, Wisconsin
On average, Section 8 Housing Choice vouchers pay Fall Creek landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fall Creek.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fall Creek, Wisconsin for a two-bedroom apartment is between $935 and $1,143.
Sourced from federal housing data and AffordableHousingOnline.com research.