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Affordable Housing In Stratford
Marathon County, Wisconsin

3 Low Income Apartment Communities In Stratford

Donald Sykes Villa

421 W Fir Street
Stratford, Wisconsin
Subsidized
62+
Accessible
Elderly Supportive Housing

Northern Meadows East Project Partnership

304 E North St
Stratford, Wisconsin

Northern Meadows West Partnership

302 E North St
Stratford, Wisconsin
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Housing Authorities that serve Stratford

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

Guide To Affordable Housing in Stratford, Wisconsin

There are 3 low income housing apartment communities offering 36 affordable apartments for rent in Stratford, Wisconsin.

Income Based Apartments in Stratford, Wisconsin

Stratford 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 Stratford, Wisconsin

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stratford.

Housing Choice Vouchers in Stratford, Wisconsin

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

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

2021 Stratford, 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
Stratford, Wisconsin Fair Market Rent $536 $618 $813 $1,017 $1,175
Stratford, 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.

Stratford, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 36
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 28.09%
Average Renter Household Size 1.85
Average Household Size 2.54
Median Household Income $47,885 ±$5,508
Median Rent $545 ±$55
Percentage Of Renters Overburdened 41.36% ± 14.76pp
Total Population 1,726

Population and Household Demographics

Stratford is a city in Marathon County, Wisconsin with a population of 1,726. There are 680 households in the city with an average household size of 2.54 persons. 28.09% of households in Stratford are renters.

Income and Rent Overburden in Stratford

The median gross income for households in Stratford is $47,885 a year, or $3,990 a month. The median rent for the city is $545 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Stratford, a household making less than $1,817 a month would be considered overburdened when renting an apartment at or above the median rent. 41.36% of households who rent are overburdened in Stratford.

Area Median Income In Stratford

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

In Stratford, 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 Stratford

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 Stratford

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 Stratford 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 Stratford 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 Stratford 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