Low Income Apartments and Affordable Housing For Rent in Green Lake, WI

Discover affordable housing in Green Lake 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.

Dartford Bay Apartments

504 Mill St, Green Lake, Wisconsin 54941

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 Green Lake, 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 Green Lake, Wisconsin Affordable Housing ↓

What HUD offices serve Green Lake, 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 Green Lake, Wisconsin.

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

How many renters live in Green Lake, Wisconsin?

The City of Green Lake has 1,000 people living in 510 households.

There are 286 renters living in 172 renter households in this City. Renters make up 28.6 percent of the population living in Green Lake.

What is the rental market like in Green Lake, Wisconsin?

There are an estimated 765 housing units in the Green Lake area. Of these, 186 units are rental homes, making up 24 percent of the housing market. For every renter household in Green Lake, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Green Lake?

The rental vacancy rate in Green Lake is 8 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 Green Lake for each bedroom size?

Occupied Rental Units by Size in Green Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 16 89 44 3
Occupied Rental Units by Size in Green Lake

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

Among renter households in this market, 26 percent have housing cost burden. Further, 6 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 Green Lake

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $635 to $1,343. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $635
One BR $689
Two BR $905
Three BR $1,094
Four BR $1,343
2024 Fair Market Rents in Green Lake, Wisconsin

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

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 13 65 percent
One BR 14 88 percent
Two BR 74 83 percent
Rental Units Below FMR in Green Lake, Wisconsin

How many affordable rental units are in Green Lake?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Section 8 Project-Based Rental Assistance 33
Tracked Units by Federal Program in Green Lake, Wisconsin

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

Income Based Apartments in Green Lake, Wisconsin

Green Lake features 33 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 Green Lake, Wisconsin

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

Housing Choice Vouchers in Green Lake, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.