Low Income Apartments and Affordable Housing For Rent in Walworth County, WI

Discover affordable housing in Walworth County where there are 42+ 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.

Wisconsin

1281 W Main St, Whitewater, Wisconsin 53190

Oakcreek Ridgewood

104 N Jefferson St, Whitewater, Wisconsin 53190

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 Walworth County, 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 Walworth County, Wisconsin Affordable Housing ↓

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

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

How many renters live in Walworth County, Wisconsin?

The County of Walworth County has 105,380 people living in 42,781 households.

There are 25,126 renters living in 12,371 renter households in this County. Renters make up 23.84 percent of the population living in Walworth County.

What is the rental market like in Walworth County, Wisconsin?

There are an estimated 53,850 housing units in the Walworth County area. Of these, 13,699 units are rental homes, making up 25 percent of the housing market. For every renter household in Walworth County, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Walworth County?

The rental vacancy rate in Walworth County is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Walworth County for each bedroom size?

Occupied Rental Units by Size in Walworth County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
505 2,697 5,639 2,458 1,046
Occupied Rental Units by Size in Walworth County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 18 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 Walworth County

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 Walworth County, Wisconsin

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

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 273 54 percent
One BR 1,626 60 percent
Two BR 2,946 52 percent
Rental Units Below FMR in Walworth County, Wisconsin

How many affordable rental units are in Walworth County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 541
Section 8 Project-Based Rental Assistance 587
Section 202 Supportive Housing for the Elderly 32
USDA Section 515 Rural Rental Housing 176
Tracked Units by Federal Program in Walworth County, Wisconsin

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

Income Based Apartments in Walworth County, Wisconsin

Walworth County features 846 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 Walworth County, Wisconsin

There are 789 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walworth County.

Housing Choice Vouchers in Walworth County, Wisconsin

On average, Section 8 Housing Choice vouchers pay Walworth County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Walworth County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.