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

Discover affordable housing in Gillett 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.

Savage Lake Apartments

200 Armstrong St, Gillett, Wisconsin 54124

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 Gillett, Wisconsin
$9.89 (+136%) more than Wisconsin minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Gillett, Wisconsin Affordable Housing ↓

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

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

How many renters live in Gillett, Wisconsin?

The City of Gillett has 1,324 people living in 526 households.

There are 249 renters living in 123 renter households in this City. Renters make up 18.81 percent of the population living in Gillett.

What is the rental market like in Gillett, Wisconsin?

There are an estimated 605 housing units in the Gillett area. Of these, 148 units are rental homes, making up 24 percent of the housing market. For every renter household in Gillett, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Gillett?

The rental vacancy rate in Gillett is 17 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 Gillett for each bedroom size?

Occupied Rental Units by Size in Gillett
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 8 52 42 21
Occupied Rental Units by Size in Gillett

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

Among renter households in this market, 46 percent have housing cost burden. Further, 20 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 Gillett

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $663 to $1,205. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $663
One BR $737
Two BR $905
Three BR $1,139
Four BR $1,205
2024 Fair Market Rents in Gillett, Wisconsin

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

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 8 100 percent
Two BR 38 73 percent
Rental Units Below FMR in Gillett, Wisconsin

How many affordable rental units are in Gillett?

Income Based Apartments in Gillett, Wisconsin

Gillett 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 Gillett, Wisconsin

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gillett.

Housing Choice Vouchers in Gillett, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.