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

Discover affordable housing in Washburn where there are 2+ 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.

Washburn Housing Redevelopment - Hud

420 E 3rd St, Washburn, Wisconsin 54891

Autumn Manor and Scat Sites

417 5th Ave W, Washburn, Wisconsin 54891

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Washburn, Wisconsin
$17.14/hour
$9.89 (+136%) more than Wisconsin minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Washburn, Wisconsin Affordable Housing ↓

What HUD offices serve Washburn, 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), Public Housing programs for Washburn, Wisconsin.

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

How many renters live in Washburn, Wisconsin?

The City of Washburn has 1,975 people living in 894 households.

There are 451 renters living in 280 renter households in this City. Renters make up 22.84 percent of the population living in Washburn.

What is the rental market like in Washburn, Wisconsin?

There are an estimated 1,001 housing units in the Washburn area. Of these, 310 units are rental homes, making up 31 percent of the housing market. For every renter household in Washburn, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Washburn?

The rental vacancy rate in Washburn is 10 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 Washburn for each bedroom size?

Occupied Rental Units by Size in Washburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
54 81 85 53 0
Occupied Rental Units by Size in Washburn

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

Among renter households in this market, 33 percent have housing cost burden. Further, 6 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 Washburn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $733 to $1,205. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $733
One BR $738
Two BR $905
Three BR $1,201
Four BR $1,205
2024 Fair Market Rents in Washburn, Wisconsin

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

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 14 26 percent
One BR 75 93 percent
Two BR 62 73 percent
Rental Units Below FMR in Washburn, Wisconsin

How many affordable rental units are in Washburn?

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

Federal Program Unit Count
Low Income Housing Tax Credit 36
Public Housing 36
Tracked Units by Federal Program in Washburn, Wisconsin

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

Income Based Apartments in Washburn, Wisconsin

Washburn features 36 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 Washburn, Wisconsin

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Washburn.

Housing Choice Vouchers in Washburn, Wisconsin

On average, Section 8 Housing Choice vouchers pay Washburn landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Washburn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Washburn, Wisconsin for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.