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

Discover affordable housing in Frederic 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.

Golden Oaks

104 3rd Ave S, Frederic, Wisconsin 54837

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 Frederic, 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 Frederic, Wisconsin Affordable Housing ↓

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

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

How many renters live in Frederic, Wisconsin?

The City of Frederic has 1,101 people living in 442 households.

There are 319 renters living in 169 renter households in this City. Renters make up 28.97 percent of the population living in Frederic.

What is the rental market like in Frederic, Wisconsin?

There are an estimated 489 housing units in the Frederic area. Of these, 187 units are rental homes, making up 38 percent of the housing market. For every renter household in Frederic, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Frederic?

The rental vacancy rate in Frederic is 10 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 Frederic for each bedroom size?

Occupied Rental Units by Size in Frederic
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 43 46 70 7
Occupied Rental Units by Size in Frederic

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

Among renter households in this market, 41 percent have housing cost burden. Further, 24 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 Frederic

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 Frederic, Wisconsin

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

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 2 67 percent
One BR 36 84 percent
Two BR 31 67 percent
Rental Units Below FMR in Frederic, Wisconsin

How many affordable rental units are in Frederic?

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

Federal Program Unit Count
Public Housing 53
Tracked Units by Federal Program in Frederic, Wisconsin

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

Income Based Apartments in Frederic, Wisconsin

Frederic features 53 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 Frederic, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Frederic.

Housing Choice Vouchers in Frederic, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.