What HUD offices serve New Holstein, 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.
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near New Holstein.
How many renters live in New Holstein, Wisconsin?
The City of New Holstein has 3,141 people living in 1,431 households.
There are 537 renters living in 399 renter households in this City. Renters make up 17.1 percent of the population living in New Holstein.
What is the rental market like in New Holstein, Wisconsin?
There are an estimated 1,480 housing units in the New Holstein area. Of these, 448 units are rental homes, making up 30 percent of the housing market. For every renter household in New Holstein, Wisconsin, there are 1 rental units.
What is the vacancy rate for rentals in New Holstein?
The rental vacancy rate in New Holstein is 11 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 New Holstein for each bedroom size?
Occupied Rental Units by Size in New Holstein
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 92 | 240 | 67 | 0 |
Occupied Rental Units by Size in New Holstein
A large number of apartments in New Holstein 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 New Holstein are overburdened by housing costs?
Among renter households in this market, 9 percent have housing cost burden. Further, 5 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 New Holstein
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $696 to $1,332. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $696 |
| One BR | $772 |
| Two BR | $983 |
| Three BR | $1,327 |
| Four BR | $1,332 |
2024 Fair Market Rents in New Holstein, Wisconsin
How many units are rented at Fair Market Rent (FMR) in New Holstein?
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 | 92 | 100 percent |
| Two BR | 227 | 95 percent |
Rental Units Below FMR in New Holstein, Wisconsin
How many affordable rental units are in New Holstein?
There are a variety of federal affordable housing programs serving households in New Holstein, Wisconsin including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 34 |
Tracked Units by Federal Program in New Holstein, Wisconsin
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New Holstein, Wisconsin
New Holstein features 46 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 New Holstein, Wisconsin
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Holstein.
Housing Choice Vouchers in New Holstein, Wisconsin
On average, Section 8 Housing Choice vouchers pay New Holstein landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Holstein.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Holstein, Wisconsin for a two-bedroom apartment is between $885 and $1,081.
Sourced from federal housing data and AffordableHousingOnline.com research.
