; Low Income Apartments For Rent in Calumet, MI

Apply to Calumet Apartment Waiting Lists

Golden Horizons

57395 Mine St
Calumet, Michigan
Subsidized
Senior
S. 202
BMIR

Park Avenue Apartments

1 Park Ave
Calumet, Michigan
Subsidized
Public Housing
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There are 0 low-income apartments in Calumet that offer reduced rents to eligible households.

Rental assistance programs support 114 low-income homes in Calumet where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $232 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 Calumet, 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
Calumet Housing Commission Public Housing
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Calumet.

Calumet, Michigan Affordable Housing Data

Income Based Apartments in Calumet, Michigan

Calumet features 114 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 Calumet, Michigan

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

Housing Choice Vouchers in Calumet, Michigan

On average, Section 8 Housing Choice vouchers pay Calumet landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Calumet.

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

2024 Calumet, 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
Calumet, Michigan Fair Market Rent $710 $758 $905 $1,275 $1,536
Calumet, Michigan Payment Standard Range $639 to $781 $682 to $834 $815 to $996 $1,148 to $1,403 $1,382 to $1,690

Sourced from federal housing data and AffordableHousingOnline.com research.

Calumet, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 114
Total Housing Units with Rental Assistance 114
Percentage of Housing Units Occupied By Renters 70.47%
Average Renter Household Size 1.88
Average Household Size 1.91
Median Household Income $15,958 ±$3,381
Median Rent $514 ±$23
Percentage Of Renters Overburdened 52.96% ± 10.52pp
Total Population 684

Population and Household Demographics

Calumet is a city in Houghton County, Michigan with a population of 684. There are 359 households in the city with an average household size of 1.91 persons. 70.47% of households in Calumet are renters.

Income and Rent Overburden in Calumet

The median gross income for households in Calumet is $15,958 a year, or $1,330 a month. The median rent for the city is $514 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Calumet, a household making less than $1,713 a month would be considered overburdened when renting an apartment at or above the median rent. 52.96% of households who rent are overburdened in Calumet.

Area Median Income In Calumet

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 Calumet, the AMI is calculated from all households within Houghton County.

In Calumet, HUD calculates the Area Median Income for a family of four as $83,400

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 Calumet

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 Calumet

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30% AMI Income Limits
Renters earning up to 30% of the Calumet AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,900 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,000
50% AMI Income Limits
Renters earning up to 50% of the Calumet AMI may qualify for rental assistance programs that target Very Low Income households.
$26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
80% AMI Income Limits
Renters earning up to 80% of the Calumet AMI may qualify for rental assistance programs that target Low Income households.
$42,400 $48,450 $54,500 $60,550 $65,400 $70,250 $75,100 $79,950