Low Income Apartments and Affordable Housing For Rent in Stratford, WI

Discover affordable housing in Stratford 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.

Donald Sykes Villa

421 W Fir Street, Stratford, Wisconsin 54484

Northern Meadows West Partnership

302 E North St, Stratford, Wisconsin 54484

Northern Meadows East Project Partnership

304 E North St, Stratford, Wisconsin 54484

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 Stratford, Wisconsin
$19.32/hour
$12.07 (+166%) more than Wisconsin minimum wage and $12.07 (+166%) more than the Federal minimum wage.
Learn More About Stratford, Wisconsin Affordable Housing ↓

What HUD offices serve Stratford, 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 Stratford, Wisconsin.

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

How many renters live in Stratford, Wisconsin?

The City of Stratford has 1,364 people living in 626 households.

There are 218 renters living in 150 renter households in this City. Renters make up 15.98 percent of the population living in Stratford.

What is the rental market like in Stratford, Wisconsin?

There are an estimated 672 housing units in the Stratford area. Of these, 160 units are rental homes, making up 24 percent of the housing market. For every renter household in Stratford, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Stratford?

The rental vacancy rate in Stratford is 6 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 Stratford for each bedroom size?

Occupied Rental Units by Size in Stratford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 37 95 13 5
Occupied Rental Units by Size in Stratford

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

Among renter households in this market, 13 percent have housing cost burden. Further, 4 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 Stratford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $691
One BR $776
Two BR $1,020
Three BR $1,324
Four BR $1,358
2024 Fair Market Rents in Stratford, Wisconsin

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

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 34 92 percent
Two BR 42 44 percent
Rental Units Below FMR in Stratford, Wisconsin

How many affordable rental units are in Stratford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Section 202 Supportive Housing for the Elderly 20
Tracked Units by Federal Program in Stratford, Wisconsin

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

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 $918 and $1,122.

Sourced from federal housing data and AffordableHousingOnline.com research.