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

Discover affordable housing in Minocqua where there are 3+ 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.

Mary John Vanderloop Villa

8764 Handrick Rd, Minocqua, Wisconsin 54548

payment Subsidized
elderly Senior
accessibility Accessible

Veda Stone Villa

8694 Packing Plant Rd, Minocqua, Wisconsin 54548

payment Subsidized
accessibility Accessible
accessible_forward Disability

Cedar Park Estates

915 Cedar St, Minocqua, Wisconsin

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Minocqua, Wisconsin

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Mar 21
Open Until Further Notice
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Reported On September 18th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Minocqua, Wisconsin
$18.75/hour
$11.50 (+159%) more than Wisconsin minimum wage and $11.50 (+159%) more than the Federal minimum wage.
Learn More About Minocqua, Wisconsin Affordable Housing ↓

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

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

How many renters live in Minocqua, Wisconsin?

The City of Minocqua has people living in households.

There are renters living in renter households in this City. Renters make up 20.27 percent of the population living in Minocqua.

What is the rental market like in Minocqua, Wisconsin?

There are an estimated housing units in the Minocqua area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Minocqua, Wisconsin, there are 1.56 rental units.

What is the vacancy rate for rentals in Minocqua?

The rental vacancy rate in Minocqua is 36 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 Minocqua for each bedroom size?

Occupied Rental Units by Size in Minocqua
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 18 60 4 0
Occupied Rental Units by Size in Minocqua

A large number of apartments in Minocqua have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Minocqua

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $694 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $694
One BR $807
Two BR $990
Three BR $1,197
Four BR $1,437
2024 Fair Market Rents in Minocqua, Wisconsin

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

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 18 100 percent
Two BR 58 97 percent
Rental Units Below FMR in Minocqua, Wisconsin

How many affordable rental units are in Minocqua?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Minocqua, Wisconsin

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

Income Based Apartments in Minocqua, Wisconsin

Minocqua features 35 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 Minocqua, Wisconsin

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

Housing Choice Vouchers in Minocqua, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Minocqua, Wisconsin for a two-bedroom apartment is between $891 and $1,089.

Sourced from federal housing data and AffordableHousingOnline.com research.

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