How To Identify Affordable Housing in Mukwonago, Wisconsin
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InMukwonago, Wisconsin
$22.16/hour
(+206%) more thanWisconsin minimum wage and
$14.91(+206%) more than the Federal minimum wage.
Learn More About Mukwonago, Wisconsin AffordableHousing ↓
What HUD offices serve Mukwonago, Wisconsin?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Walworth County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mukwonago, Wisconsin.
Wisconsin Housing and Economic Development Authority
Operates the Section 8 Housing Choice Voucher (HCV) programs for Mukwonago, Wisconsin.
Go to theWisconsinPublic Housing and Low-Income Apartments Waiting Lists page for openings near Mukwonago.
How many renters live in Mukwonago, Wisconsin?
The City of Mukwonago has 8,311people living in 3,257 households.
There are 1,733 renters living in918 renter households in thisCity. Renters make up 20.85percent of the population living in Mukwonago.
What is the rental market like in Mukwonago, Wisconsin?
There are an estimated 3,384 housing units in theMukwonago area. Of these, 969 units are rentalhomes, making up 29 percent of the housing market. Forevery renter household in Mukwonago, Wisconsin, there are1 rental units.
What is the vacancy rate for rentals in Mukwonago?
The rental vacancy rate in Mukwonago is 2 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.
How many rental units are in Mukwonago for each bedroom size?
Occupied Rental Units by Size in Mukwonago
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 103 164 505 139 5 Occupied Rental Units by Size in Mukwonago
A large number of apartments in Mukwonago have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How many renter households in Mukwonago are overburdened by housing costs?
Among renter households in this market, 42percent havehousing cost burden. Further, 14percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.
The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Mukwonago
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $751 to $1,787. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $751 One BR $843 Two BR $1,108 Three BR $1,423 Four BR $1,787 2024 Fair Market Rents in Mukwonago, Wisconsin
How many units are rented at Fair Market Rent (FMR) in Mukwonago?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 23 22 percent One BR 146 89 percent Two BR 206 41 percent Rental Units Below FMR in Mukwonago, Wisconsin
How many affordable rental units are in Mukwonago?
There are a variety of federal affordable housing programs serving households inMukwonago, Wisconsin including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit 27 Tracked Units by Federal Program in Mukwonago, Wisconsin
Income Based Apartments in Mukwonago, Wisconsin
Mukwonago features 14 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Mukwonago, Wisconsin
There are 48 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Mukwonago.
Housing Choice Vouchers in Mukwonago, Wisconsin
On average, Section 8 Housing Choice vouchers pay Mukwonago landlords$600 per month towards rent. The average voucher holdercontributes $400 towards rent inMukwonago.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mukwonago, Wisconsin fora two-bedroom apartment is between $1,053 and $1,287.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
