What HUD offices serve Wauwatosa, 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.
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Wauwatosa.
How many renters live in Wauwatosa, Wisconsin?
The City of Wauwatosa has people living in households.
There are renters living in renter households in this City. Renters make up 29.97 percent of the population living in Wauwatosa.
What is the rental market like in Wauwatosa, Wisconsin?
There are an estimated housing units in the Wauwatosa area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Wauwatosa, Wisconsin, there are 1.08 rental units.
What is the vacancy rate for rentals in Wauwatosa?
The rental vacancy rate in Wauwatosa is 7 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 Wauwatosa for each bedroom size?
Occupied Rental Units by Size in Wauwatosa
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
471 | 2,497 | 3,907 | 1,095 | 99 |
Occupied Rental Units by Size in Wauwatosa
A large number of apartments in Wauwatosa have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Wauwatosa
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $845 to $1,592. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $845 |
One BR | $979 |
Two BR | $1,170 |
Three BR | $1,460 |
Four BR | $1,592 |
2024 Fair Market Rents in Wauwatosa, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Wauwatosa?
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 | 128 | 27 percent |
One BR | 1,042 | 42 percent |
Two BR | 1,566 | 40 percent |
Rental Units Below FMR in Wauwatosa, Wisconsin
How many affordable rental units are in Wauwatosa?
There are a variety of federal affordable housing programs serving households in Wauwatosa, Wisconsin including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Wauwatosa, Wisconsin
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Wauwatosa, Wisconsin
Wauwatosa features 250 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 Wauwatosa, Wisconsin
There are 298 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wauwatosa.
Housing Choice Vouchers in Wauwatosa, Wisconsin
On average, Section 8 Housing Choice vouchers pay Wauwatosa landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Wauwatosa.
The maximum amount a voucher would pay on behalf of a low-income tenant in Wauwatosa, Wisconsin for a two-bedroom apartment is between $1,053 and $1,287.
Sourced from federal housing data and AffordableHousingOnline.com research.