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Affordable Housing In Milton
Buffalo County, Wisconsin

3 Low Income Apartment Communities In Milton

Parkview Terrace Apartments

702 E Madison Ave, #J56
Milton, Wisconsin

Parkview Terrace II

1 Parview Ter
Milton, Wisconsin
Subsidized

The Homestead Apartments

620 E Saint Mary St
Milton, Wisconsin
Accepts Vouchers
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Guide To Affordable Housing in Milton, Wisconsin

There are 3 low income housing apartment communities offering 177 affordable apartments for rent in Milton, Wisconsin.

Income Based Apartments in Milton, Wisconsin

Milton features 72 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 Milton, Wisconsin

There are 33 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Milton.

Housing Choice Vouchers in Milton, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Milton, Wisconsin for a two-bedroom apartment is between $694 and $848.

2020 Milton, 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 $502 $585 $771 $974 $1,058
Payment Standard Range $452 to $552 $527 to $644 $694 to $848 $877 to $1,071 $952 to $1,164

Sourced from federal housing data and AffordableHousingOnline.com research.

Milton, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 177
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Milton is a city in Buffalo County, Wisconsin with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Milton are renters.

Income and Rent Overburden in Milton

The median gross income for households in Milton is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Milton

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Milton, the AMI is calculated from all households within Buffalo County.

In Milton, HUD calculates the Area Median Income for a family of four as $68,500

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 Milton

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 Milton

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