; Low Income Apartments For Rent in Edgar, WI

Heidi Apartments

707 N 2nd Ave
Edgar, Wisconsin
Subsidized
PBRA

Townhouse Two Partnership

203 Thomas Hill Rd
Edgar, Wisconsin
Rent Assisted
LIHTC

Thomas Hills Apartments

201 Thomas Hill Rd
Edgar, Wisconsin
Rent Assisted
LIHTC
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There are 16 low-income apartments in Edgar that offer reduced rents to eligible households.

Rental assistance programs support 16 low-income homes in Edgar where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Edgar, 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.

Housing Authority Programs
Wisconsin Housing and Economic Development Authority Section 8 Housing Choice Voucher (HCV)
Go to the Wisconsin Public Housing and Low-Income Apartments Waiting Lists page for openings near Edgar.

Edgar, Wisconsin Affordable Housing Data

Income Based Apartments in Edgar, Wisconsin

Edgar features 16 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 Edgar, Wisconsin

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Edgar.

Housing Choice Vouchers in Edgar, Wisconsin

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Edgar, Wisconsin for a two-bedroom apartment is between $918 and $1,122.

2024 Edgar, Wisconsin Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Edgar, Wisconsin Fair Market Rent $691 $776 $1,020 $1,324 $1,358
Edgar, Wisconsin Payment Standard Range $622 to $760 $698 to $854 $918 to $1,122 $1,192 to $1,456 $1,222 to $1,494

Sourced from federal housing data and AffordableHousingOnline.com research.

Edgar, WI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 20.97%
Average Renter Household Size 2.80
Average Household Size 2.78
Median Household Income $51,397 ±$4,621
Median Rent $589 ±$78
Percentage Of Renters Overburdened 31.4% ± 15.99pp
Total Population 1,605

Population and Household Demographics

Edgar is a city in Marathon County, Wisconsin with a population of 1,605. There are 577 households in the city with an average household size of 2.78 persons. 20.97% of households in Edgar are renters.

Income and Rent Overburden in Edgar

The median gross income for households in Edgar is $51,397 a year, or $4,283 a month. The median rent for the city is $589 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Edgar, a household making less than $1,963 a month would be considered overburdened when renting an apartment at or above the median rent. 31.4% of households who rent are overburdened in Edgar.

Area Median Income In Edgar

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Edgar, the AMI is calculated from all households within Marathon County.

In Edgar, HUD calculates the Area Median Income for a family of four as $100,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Edgar

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Edgar

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Edgar AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,500 $22,250 $25,050 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Edgar AMI may qualify for rental assistance programs that target Very Low Income households.
$32,450 $37,100 $41,750 $46,350 $50,100 $53,800 $57,500 $61,200
80% AMI Income Limits
Renters earning up to 80% of the Edgar AMI may qualify for rental assistance programs that target Low Income households.
$51,950 $59,350 $66,750 $74,150 $80,100 $86,050 $91,950 $97,900