Low Income Apartments and Affordable Housing For Rent in Poy Sippi, WI

Discover affordable housing in Poy Sippi where there are 1+ 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.

Grace Apartments

W2238 Liberty St, Poy Sippi, Wisconsin 54967

payment Subsidized

How To Identify Affordable Housing in Poy Sippi, 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 Poy Sippi, 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 Poy Sippi, Wisconsin Affordable Housing ↓

What HUD offices serve Poy Sippi, 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 Poy Sippi, Wisconsin.

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

How many renters live in Poy Sippi, Wisconsin?

The City of Poy Sippi has people living in households.

There are renters living in renter households in this City. Renters make up 27.69 percent of the population living in Poy Sippi.

What is the rental market like in Poy Sippi, Wisconsin?

There are an estimated housing units in the Poy Sippi area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Poy Sippi, Wisconsin, there are 1.16 rental units.

What is the vacancy rate for rentals in Poy Sippi?

The rental vacancy rate in Poy Sippi is 14 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 Poy Sippi for each bedroom size?

Occupied Rental Units by Size in Poy Sippi
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 19 19 12 0
Occupied Rental Units by Size in Poy Sippi

A large number of apartments in Poy Sippi 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 Poy Sippi

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $635 to $1,420. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $635
One BR $689
Two BR $905
Three BR $1,221
Four BR $1,420
2024 Fair Market Rents in Poy Sippi, Wisconsin

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

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 12 63 percent
Two BR 13 68 percent
Rental Units Below FMR in Poy Sippi, Wisconsin

How many affordable rental units are in Poy Sippi?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Poy Sippi, Wisconsin

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

Income Based Apartments in Poy Sippi, Wisconsin

Poy Sippi features 20 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 Poy Sippi, Wisconsin

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

Housing Choice Vouchers in Poy Sippi, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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