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

Discover affordable housing in Wautoma where there are 10+ 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.

Greencrest Way

437 S Sandcrest Ave, Wautoma, Wisconsin 54982

Countryside Apartments

633 S Waupaca St, Wautoma, Wisconsin 54982

Waushara Villages

245 E Mount Morris Ave, Wautoma, Wisconsin 54982

Bird Creek Grace Apartments

638 Cummings Rd, Wautoma, Wisconsin 54982

Northland Wautoma Apartments

Waupaca St, Wautoma, Wisconsin 54982

Southtown Terrace

685 S Waupaca St, Wautoma, Wisconsin 54982

Sandcrest Apartments

140 S Sandcrest Ave, Wautoma, Wisconsin 54982

Birdcreek Apartments

620 W River St, Wautoma, Wisconsin 54982

M04 01 220 Oakridge Court

220 N Oakridge Ct, Wautoma, Wisconsin 54982

M00 80206.112.053 230 Oakridge

230 N Oakridge Ct, Wautoma, Wisconsin 54982

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 Wautoma, 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 Wautoma, Wisconsin Affordable Housing ↓

What HUD offices serve Wautoma, 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 Wautoma, Wisconsin.

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

How many renters live in Wautoma, Wisconsin?

The City of Wautoma has 2,003 people living in 850 households.

There are 762 renters living in 367 renter households in this City. Renters make up 38.04 percent of the population living in Wautoma.

What is the rental market like in Wautoma, Wisconsin?

There are an estimated 964 housing units in the Wautoma area. Of these, 399 units are rental homes, making up 41 percent of the housing market. For every renter household in Wautoma, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Wautoma?

The rental vacancy rate in Wautoma 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 Wautoma for each bedroom size?

Occupied Rental Units by Size in Wautoma
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26 83 186 53 4
Occupied Rental Units by Size in Wautoma

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

Among renter households in this market, 50 percent have housing cost burden. Further, 19 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 Wautoma

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $635 to $1,420. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $635
One BR $689
Two BR $905
Three BR $1,221
Four BR $1,420
2024 Fair Market Rents in Wautoma, Wisconsin

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

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 0 100 percent
One BR 69 83 percent
Two BR 148 80 percent
Rental Units Below FMR in Wautoma, Wisconsin

How many affordable rental units are in Wautoma?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Section 8 Project-Based Rental Assistance 24
USDA Section 515 Rural Rental Housing 42
Tracked Units by Federal Program in Wautoma, Wisconsin

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

Income Based Apartments in Wautoma, Wisconsin

Wautoma features 134 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 Wautoma, Wisconsin

There are 27 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wautoma.

Housing Choice Vouchers in Wautoma, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.