Affordable Housing In Oconto
Oconto County, Wisconsin

5 Low Income Apartment Communities In Oconto

Bayside Senior Apartments

237 Cook Ave
Oconto, Wisconsin
Accepts Vouchers

Meyer Manor

119 Memorial Dr
Oconto, Wisconsin

Okato Manor

407 Arbutus Ave
Oconto, Wisconsin

Chateau Pecor

422 Pecor St
Oconto, Wisconsin

Northland Oconto Apartments

130 Memorial Dr
Oconto, Wisconsin
Accepts Vouchers
  • «
  • 1
  • »

Housing Authorities that serve Oconto

Housing Authority Programs
Oconto Housing Authority Public Housing
Oconto County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Oconto, Wisconsin

There are 5 low income housing apartment communities offering 179 affordable apartments for rent in Oconto, Wisconsin.

Income Based Apartments in Oconto, Wisconsin

Oconto features 107 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 Oconto, Wisconsin

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oconto.

Housing Choice Vouchers in Oconto, Wisconsin

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

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

2020 Oconto, 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 $513 $567 $714 $965 $1,142
Payment Standard Range $462 to $564 $510 to $624 $643 to $785 $869 to $1,062 $1,028 to $1,256

Sourced from federal housing data and research.

Oconto, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 179
Total Housing Units with Rental Assistance 107
Percentage of Housing Units Occupied By Renters 33.09%
Average Renter Household Size 2.08
Average Household Size 2.31
Median Household Income $42,563 ±$4,445
Median Rent $606 ±$42
Percentage Of Renters Overburdened 37.18% ± 12.59pp
Total Population 4,492

Population and Household Demographics

Oconto is a City in Oconto County, Wisconsin with a population of 4,492. There are 1,886 households in the city with an average household size of 2.31 persons. 33.09% of households in Oconto are renters.

Income and Rent Overburden in Oconto

The median gross income for households in Oconto is $42,563 a year, or $3,547 a month. The median rent for the city is $606 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oconto, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 37.18% of households who rent are overburdened in Oconto.1

Area Median Income In Oconto

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 Oconto, the AMI is calculated from all households within Oconto County.

In Oconto, HUD calculates the Area Median Income for a family of four as $69,200

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 Oconto

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 Oconto

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% of Median $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100