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

Discover affordable housing in Turtle 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.

Lakeland Manor

285 Industrial Ave, Turtle Lake, Wisconsin 54889

Wisconsin

660 Industrial St, Turtle Lake, Wisconsin 54889

Turtle Lake Villas

201 Hickory St, Turtle Lake, Wisconsin 54889

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 Turtle Lake, Wisconsin
$20.98/hour
$13.73 (+189%) more than Wisconsin minimum wage and $13.73 (+189%) more than the Federal minimum wage.
Learn More About Turtle Lake, Wisconsin Affordable Housing ↓

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

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

How many renters live in Turtle Lake, Wisconsin?

The City of Turtle Lake has 268 people living in 133 households.

There are 49 renters living in 36 renter households in this City. Renters make up 18.28 percent of the population living in Turtle Lake.

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

There are an estimated 220 housing units in the Turtle Lake area. Of these, 36 units are rental homes, making up 16 percent of the housing market. For every renter household in Turtle Lake, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Turtle Lake?

The rental vacancy rate in Turtle 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 Turtle Lake for each bedroom size?

Occupied Rental Units by Size in Turtle Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 3 28 2 0
Occupied Rental Units by Size in Turtle Lake

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

Among renter households in this market, 75 percent have housing cost burden. Further, 69 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 Turtle Lake

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $751 to $1,787. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $751
One BR $843
Two BR $1,108
Three BR $1,423
Four BR $1,787
2024 Fair Market Rents in Turtle Lake, Wisconsin

How many units are rented at Fair Market Rent (FMR) in Turtle 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
One BR 0 100 percent
Two BR 24 86 percent
Rental Units Below FMR in Turtle Lake, Wisconsin

How many affordable rental units are in Turtle Lake?

Income Based Apartments in Turtle Lake, Wisconsin

Turtle Lake 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 Turtle Lake, Wisconsin

There are 35 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Turtle Lake.

Housing Choice Vouchers in Turtle Lake, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Turtle Lake, Wisconsin for a two-bedroom apartment is between $997 and $1,219.

Sourced from federal housing data and AffordableHousingOnline.com research.