; Low Income Apartments For Rent in Belding, MI

Apply to Belding Apartment Waiting Lists

Brentwood Apartments

1129 Brentwood St
Belding, Michigan
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
S236

West Belding Apartments

1250 Kenwood
Belding, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Call For Rent
1-2 BR

Crosswinds Manor

901 N Bridge St
Belding, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1 BR

Brentwood II

1200 Brentwood St
Belding, Michigan
Subsidized
PBRA

Jacklyn III Apartments

1250 Kenwood Ave
Belding, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1-2 BR

Woodhaven

980 Taft Ct
Belding, Michigan
Subsidized
Public Housing
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There are 0 low-income apartments in Belding that offer reduced rents to eligible households.

Rental assistance programs support 338 low-income homes in Belding where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $280 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Belding, Michigan

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
Belding Housing Commission Public Housing
Michigan State Housing Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Belding.

Belding, Michigan Affordable Housing Data

Income Based Apartments in Belding, Michigan

Belding features 338 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 Belding, Michigan

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

Housing Choice Vouchers in Belding, Michigan

On average, Section 8 Housing Choice vouchers pay Belding landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Belding.

The maximum amount a voucher would pay on behalf of a low-income tenant in Belding, Michigan for a two-bedroom apartment is between $997 and $1,219.

2024 Belding, Michigan 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
Belding, Michigan Fair Market Rent $795 $843 $1,108 $1,369 $1,683
Belding, Michigan Payment Standard Range $716 to $875 $759 to $927 $997 to $1,219 $1,232 to $1,506 $1,515 to $1,851

Sourced from federal housing data and AffordableHousingOnline.com research.

Belding, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 338
Total Housing Units with Rental Assistance 338
Percentage of Housing Units Occupied By Renters 34.23%
Average Renter Household Size 2.66
Average Household Size 2.70
Median Household Income $34,778 ±$6,730
Median Rent $536 ±$26
Percentage Of Renters Overburdened 58.26% ± 12.95pp
Total Population 5,771

Population and Household Demographics

Belding is a city in Ionia County, Michigan with a population of 5,771. There are 2,086 households in the city with an average household size of 2.70 persons. 34.23% of households in Belding are renters.

Income and Rent Overburden in Belding

The median gross income for households in Belding is $34,778 a year, or $2,898 a month. The median rent for the city is $536 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Belding, a household making less than $1,787 a month would be considered overburdened when renting an apartment at or above the median rent. 58.26% of households who rent are overburdened in Belding.

Area Median Income In Belding

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 Belding, the AMI is calculated from all households within Ionia County.

In Belding, HUD calculates the Area Median Income for a family of four as $82,600

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 Belding

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 Belding

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 Belding AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Belding AMI may qualify for rental assistance programs that target Very Low Income households.
$27,100 $31,000 $34,850 $38,700 $41,800 $44,900 $48,000 $51,100
80% AMI Income Limits
Renters earning up to 80% of the Belding AMI may qualify for rental assistance programs that target Low Income households.
$43,350 $49,550 $55,750 $61,900 $66,900 $71,850 $76,800 $81,750