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

Discover affordable housing in Merrill where there are 6+ 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.

The Meadows

2700 E 6th St, Merrill, Wisconsin 54452

Lincoln Heights

603 Woodbine Ave, Merrill, Wisconsin 54452

Jenny Towers

711 E 1st St, Merrill, Wisconsin 54452

Park Place and Westgate

215 Grand Ave, Merrill, Wisconsin 54452

Park City Apartments

711 Martin St, Merrill, Wisconsin 54452

Merrill City Hall

713 E 2nd St, Merrill, Wisconsin 54452

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 Merrill, 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 Merrill, Wisconsin Affordable Housing ↓

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

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

How many renters live in Merrill, Wisconsin?

The City of Merrill has 9,266 people living in 4,190 households.

There are 2,792 renters living in 1,587 renter households in this City. Renters make up 30.13 percent of the population living in Merrill.

What is the rental market like in Merrill, Wisconsin?

There are an estimated 4,491 housing units in the Merrill area. Of these, 1,662 units are rental homes, making up 37 percent of the housing market. For every renter household in Merrill, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Merrill?

The rental vacancy rate in Merrill is 2 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 Merrill for each bedroom size?

Occupied Rental Units by Size in Merrill
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 560 632 278 72
Occupied Rental Units by Size in Merrill

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

Among renter households in this market, 61 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 Merrill

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $664 to $1,343. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $664
One BR $705
Two BR $905
Three BR $1,275
Four BR $1,343
2024 Fair Market Rents in Merrill, Wisconsin

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

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 16 53 percent
One BR 418 75 percent
Two BR 454 72 percent
Rental Units Below FMR in Merrill, Wisconsin

How many affordable rental units are in Merrill?

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

Federal Program Unit Count
Low Income Housing Tax Credit 45
Section 8 Project-Based Rental Assistance 243
USDA Section 515 Rural Rental Housing 48
USDA Section 514 Farm Labor Housing 32
Tracked Units by Federal Program in Merrill, Wisconsin

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

Income Based Apartments in Merrill, Wisconsin

Merrill features 274 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 Merrill, Wisconsin

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Merrill.

Housing Choice Vouchers in Merrill, Wisconsin

On average, Section 8 Housing Choice vouchers pay Merrill landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Merrill.

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

Sourced from federal housing data and AffordableHousingOnline.com research.