Affordable Housing In Vilas County
14 Low Income Apartment Communities In Vilas County
Guide To Affordable Housing in Vilas County, Wisconsin
There are 14 low income housing apartment communities offering 384 affordable apartments for rent in Vilas County, Wisconsin.
Income Based Apartments in Vilas County, Wisconsin
Vilas County features 180 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 Vilas County, Wisconsin
There are 204 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vilas County.
Housing Choice Vouchers in Vilas County, Wisconsin
On average, Section 8 Housing Choice vouchers pay Vilas County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Vilas County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Vilas County, Wisconsin for a two-bedroom apartment is between $669 and $817.
2020 Vilas County, 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|
|Fair Market Rent||$560||$564||$743||$953||$1,007|
|Payment Standard Range||$504 to $616||$508 to $620||$669 to $817||$858 to $1,048||$906 to $1,108|
Sourced from federal housing data and AffordableHousingOnline.com research.
Vilas County, WI Affordable Housing Snapshot
|Total Affordable Apartment Properties||14|
|Total Low Income Apartments||384|
|Total Housing Units with Rental Assistance||180|
|Percentage of Housing Units Occupied By Renters||24.2%|
|Average Renter Household Size||1.89|
|Average Household Size||1.99|
|Median Household Income||$41,061 ±$1,677|
|Median Rent||$673 ±$24|
|Percentage Of Renters Overburdened||41.38% ± 4.53pp|
Population and Household Demographics
Vilas County is a county in Wisconsin with a population of 21,355. There are 10,646 households in the county with an average household size of 1.99 persons. 24.2% of households in Vilas County are renters.
Income and Rent Overburden in Vilas County
The median gross income for households in Vilas County is $41,061 a year, or $3,422 a month. The median rent for the county is $673 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Vilas County, a household making less than $2,243 a month would be considered overburdened when renting an apartment at or above the median rent. 41.38% of households who rent are overburdened in Vilas County.
Area Median Income In Vilas County
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.
In Vilas County, HUD calculates the Area Median Income for a family of four as $57,500
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 Vilas County
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 Vilas County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,900||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$24,800||$28,350||$31,900||$35,400||$38,250||$41,100||$43,900||$46,750|
|80% of Median||$39,700||$45,350||$51,000||$56,650||$61,200||$65,750||$70,250||$74,800|
Cities In Vilas County
Select A City to View its Apartment Communities and Waiting Lists.
|Lac Du Flambeau|