How many renters live in Iowa County, Wisconsin?
The County of Iowa County has people living in households.
There are renters living in renter households in this County. Renters make up 18.34 percent of the population living in Iowa County.
What is the rental market like in Iowa County, Wisconsin?
There are an estimated housing units in the Iowa County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Iowa County, Wisconsin, there are 1.07 rental units.
What is the vacancy rate for rentals in Iowa County?
The rental vacancy rate in Iowa County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Iowa County for each bedroom size?
Occupied Rental Units by Size in Iowa County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 46 | 404 | 863 | 610 | 176 |
Occupied Rental Units by Size in Iowa County
A large number of apartments in Iowa County 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 Iowa County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $669 to $1,371. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $669 |
| One BR | $751 |
| Two BR | $987 |
| Three BR | $1,279 |
| Four BR | $1,371 |
2024 Fair Market Rents in Iowa County, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Iowa County?
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 |
| Studio | 13 | 28 percent |
| One BR | 309 | 76 percent |
| Two BR | 563 | 65 percent |
Rental Units Below FMR in Iowa County, Wisconsin
How many affordable rental units are in Iowa County?
There are a variety of federal affordable housing programs serving households in Iowa County, Wisconsin including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Iowa County, Wisconsin
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Iowa County, Wisconsin
Iowa County features 327 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 Iowa County, Wisconsin
There are 111 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Iowa County.
Housing Choice Vouchers in Iowa County, Wisconsin
On average, Section 8 Housing Choice vouchers pay Iowa County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Iowa County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Iowa County, Wisconsin for a two-bedroom apartment is between $888 and $1,086.
Sourced from federal housing data and AffordableHousingOnline.com research.