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Affordable Housing In Iron County
Wisconsin

8 Low Income Apartment Communities In Iron County

Hurley Gardens Estates

300 Hematite St
Hurley, Wisconsin
Subsidized

Range View Apartments

1010 Lablonde Ln
Hurley, Wisconsin
Subsidized

Iron Drift Knight Apartments

Pence St
Montreal, Wisconsin
Subsidized

Echo Hollow Senior Apartments

3290 Lakeview Rd
Mercer, Wisconsin
Subsidized

Birchwood Terrace

3314 Lakeview Dr
Mercer, Wisconsin
Accepts Vouchers

Villa Vista

303 Taconite St
Hurley, Wisconsin
Accepts Vouchers

Southgate Village

410 3rd Ave S
Hurley, Wisconsin

Country Villa

14340 N Hwy 122
Saxon, Wisconsin
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Housing Authorities that serve Iron County

Housing Authority Programs
Central Wisconsin Community Action Council Inc Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Iron County, Wisconsin

There are 8 low income housing apartment communities offering 169 affordable apartments for rent in Iron County, Wisconsin.

Income Based Apartments in Iron County, Wisconsin

Iron County features 133 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 Iron County, Wisconsin

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Iron County.

Housing Choice Vouchers in Iron County, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Iron County, Wisconsin for a two-bedroom apartment is between $643 and $785.

2020 Iron County, Wisconsin Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $484 $542 $714 $941 $1,013
Payment Standard Range $436 to $532 $488 to $596 $643 to $785 $847 to $1,035 $912 to $1,114

Sourced from federal housing data and AffordableHousingOnline.com research.

Iron County, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 169
Total Housing Units with Rental Assistance 133
Percentage of Housing Units Occupied By Renters 18.63%
Average Renter Household Size 1.65
Average Household Size 1.99
Median Household Income $42,543 ±$2,157
Median Rent $485 ±$62
Percentage Of Renters Overburdened 39.11% ± 7.12pp
Total Population 5,907

Population and Household Demographics

Iron County is a county in Wisconsin with a population of 5,907. There are 2,910 households in the county with an average household size of 1.99 persons. 18.63% of households in Iron County are renters.

Income and Rent Overburden in Iron County

The median gross income for households in Iron County is $42,543 a year, or $3,545 a month. The median rent for the county is $485 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Iron County, a household making less than $1,617 a month would be considered overburdened when renting an apartment at or above the median rent. 39.11% of households who rent are overburdened in Iron County.

Area Median Income In Iron County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Iron County, HUD calculates the Area Median Income for a family of four as $57,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Iron County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Iron County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,900 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $24,800 $28,350 $31,900 $35,400 $38,250 $41,100 $43,900 $46,750
80% of Median $39,700 $45,350 $51,000 $56,650 $61,200 $65,750 $70,250 $74,800

Cities In Iron County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Anderson The HUD funded Public Housing Agency that serves Anderson is the Central Wisconsin Community Action Council Inc.
Carey The HUD funded Public Housing Agency that serves Carey is the Central Wisconsin Community Action Council Inc.
Gurney The HUD funded Public Housing Agency that serves Gurney is the Central Wisconsin Community Action Council Inc.
Hurley The HUD funded Public Housing Agencies that serve Hurley are the Hurley Housing Authority and Central Wisconsin Community Action Council Inc.
Iron Belt The HUD funded Public Housing Agency that serves Iron Belt is the Central Wisconsin Community Action Council Inc.
Kimball The HUD funded Public Housing Agency that serves Kimball is the Central Wisconsin Community Action Council Inc.
Knight The HUD funded Public Housing Agency that serves Knight is the Central Wisconsin Community Action Council Inc.
Mercer The HUD funded Public Housing Agency that serves Mercer is the Central Wisconsin Community Action Council Inc.
Montreal The HUD funded Public Housing Agency that serves Montreal is the Central Wisconsin Community Action Council Inc.
Oma The HUD funded Public Housing Agency that serves Oma is the Central Wisconsin Community Action Council Inc.
Pence The HUD funded Public Housing Agency that serves Pence is the Central Wisconsin Community Action Council Inc.
Saxon The HUD funded Public Housing Agency that serves Saxon is the Central Wisconsin Community Action Council Inc.
Sherman The HUD funded Public Housing Agency that serves Sherman is the Central Wisconsin Community Action Council Inc.