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Affordable Housing In Schofield
Marathon County, Wisconsin

2 Low Income Apartment Communities In Schofield

Elementary School Apartments

130 School St
Schofield, Wisconsin
Call For Rent
2-3 BR

Marathon County Housing - Scattered Sites

2035 Grand Ave
Schofield, Wisconsin
Subsidized
62+
Accessible
Elderly Supportive Housing
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Housing Authorities that serve Schofield

Housing Authority Programs
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Schofield, Wisconsin

There are 2 low income housing apartment communities offering 36 affordable apartments for rent in Schofield, Wisconsin.

Income Based Apartments in Schofield, Wisconsin

Schofield features 36 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 Schofield, Wisconsin

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

Housing Choice Vouchers in Schofield, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Schofield, Wisconsin for a two-bedroom apartment is between $732 and $894.

2021 Schofield, 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
Schofield, Wisconsin Fair Market Rent $536 $618 $813 $1,017 $1,175
Schofield, Wisconsin Payment Standard Range $482 to $590 $556 to $680 $732 to $894 $915 to $1,119 $1,058 to $1,293

Sourced from federal housing data and AffordableHousingOnline.com research.

Schofield, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 36
Total Housing Units with Rental Assistance 36
Percentage of Housing Units Occupied By Renters 41.83%
Average Renter Household Size 1.94
Average Household Size 2.11
Median Household Income $45,530 ±$3,115
Median Rent $751 ±$66
Percentage Of Renters Overburdened 37.41% ± 9.59pp
Total Population 2,104

Population and Household Demographics

Schofield is a city in Marathon County, Wisconsin with a population of 2,104. There are 997 households in the city with an average household size of 2.11 persons. 41.83% of households in Schofield are renters.

Income and Rent Overburden in Schofield

The median gross income for households in Schofield is $45,530 a year, or $3,794 a month. The median rent for the city is $751 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Schofield, a household making less than $2,503 a month would be considered overburdened when renting an apartment at or above the median rent. 37.41% of households who rent are overburdened in Schofield.

Area Median Income In Schofield

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 Schofield, the AMI is calculated from all households within Marathon County.

In Schofield, HUD calculates the Area Median Income for a family of four as $79,300

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 Schofield

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 Schofield

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Schofield AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,700 $19,050 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Schofield AMI may qualify for rental assistance programs that target Very Low Income households.
$27,800 $31,750 $35,700 $39,650 $42,850 $46,000 $49,200 $52,350
80% AMI Income Limits
Renters earning up to 80% of the Schofield AMI may qualify for rental assistance programs that target Low Income households.
$44,450 $50,800 $57,150 $63,450 $68,550 $73,650 $78,700 $83,800