Low Income Apartments and Affordable Housing For Rent in Wild Rose, WI

Discover affordable housing in Wild Rose where there are 1+ 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.

El Mar Court

440 High St, Wild Rose, Wisconsin 54984

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 Wild Rose, 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 Wild Rose, Wisconsin Affordable Housing ↓

What HUD offices serve Wild Rose, 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 Wild Rose, Wisconsin.

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

How many renters live in Wild Rose, Wisconsin?

The City of Wild Rose has 942 people living in 440 households.

There are 400 renters living in 238 renter households in this City. Renters make up 42.46 percent of the population living in Wild Rose.

What is the rental market like in Wild Rose, Wisconsin?

There are an estimated 495 housing units in the Wild Rose area. Of these, 246 units are rental homes, making up 50 percent of the housing market. For every renter household in Wild Rose, Wisconsin, there are 1 rental units.

What is the vacancy rate for rentals in Wild Rose?

The rental vacancy rate in Wild Rose is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Wild Rose for each bedroom size?

Occupied Rental Units by Size in Wild Rose
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 30 128 66 4
Occupied Rental Units by Size in Wild Rose

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

Among renter households in this market, 16 percent have housing cost burden. Further, 13 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 Wild Rose

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 Wild Rose, Wisconsin

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

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 2 40 percent
One BR 22 73 percent
Two BR 45 35 percent
Rental Units Below FMR in Wild Rose, Wisconsin

How many affordable rental units are in Wild Rose?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 15
Tracked Units by Federal Program in Wild Rose, Wisconsin

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

Income Based Apartments in Wild Rose, Wisconsin

Wild Rose features 0 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 Wild Rose, Wisconsin

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wild Rose.

Housing Choice Vouchers in Wild Rose, Wisconsin

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.