Low Income Apartments and Affordable Housing For Rent in Shell Lake, WI

Discover affordable housing in Shell Lake where there are 3+ 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.

Washburn Co H A

313 5th Ave, Shell Lake, Wisconsin 54871

Lakeland Manor

201 2nd Ave, Shell Lake, Wisconsin 54871

Shell Lake Shores

825 N Lake Dr, Shell Lake, Wisconsin 54871

calendar_today Opened: Mar 21
Open Until Further Notice

Reported On March 21st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shell Lake, Wisconsin
$17.41/hour
$10.16 (+140%) more than Wisconsin minimum wage and $10.16 (+140%) more than the Federal minimum wage.
Learn More About Shell Lake, Wisconsin Affordable Housing ↓

What HUD offices serve Shell Lake, 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 Public Housing programs for Shell Lake, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Shell Lake, Wisconsin.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Shell Lake, Wisconsin.

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

How many renters live in Shell Lake, Wisconsin?

The City of Shell Lake has 1,664 people living in 636 households.

There are 302 renters living in 180 renter households in this City. Renters make up 18.15 percent of the population living in Shell Lake.

What is the rental market like in Shell Lake, Wisconsin?

There are an estimated 934 housing units in the Shell Lake area. Of these, 198 units are rental homes, making up 21 percent of the housing market. For every renter household in Shell Lake, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Shell Lake?

The rental vacancy rate in Shell Lake is 0 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 Shell Lake for each bedroom size?

Occupied Rental Units by Size in Shell Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 57 55 42 7
Occupied Rental Units by Size in Shell Lake

A large number of apartments in Shell Lake 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 Shell Lake are overburdened by housing costs?

Among renter households in this market, 31 percent have housing cost burden. Further, 14 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 Shell Lake

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $623 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $623
One BR $699
Two BR $919
Three BR $1,111
Four BR $1,224
2024 Fair Market Rents in Shell Lake, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Shell Lake?

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 12 100 percent
One BR 40 70 percent
Two BR 30 55 percent
Rental Units Below FMR in Shell Lake, Wisconsin

How many affordable rental units are in Shell Lake?

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

Federal Program Unit Count
Public Housing 29
Section 8 Project-Based Rental Assistance 21
USDA Section 515 Rural Rental Housing 68
Tracked Units by Federal Program in Shell Lake, Wisconsin

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

Income Based Apartments in Shell Lake, Wisconsin

Shell Lake features 97 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 Shell Lake, Wisconsin

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

Housing Choice Vouchers in Shell Lake, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Shell Lake, Wisconsin for a two-bedroom apartment is between $827 and $1,011.

Sourced from federal housing data and AffordableHousingOnline.com research.