; Low Income Apartments For Rent in Coleman, MI

Apply to Coleman Apartment Waiting Lists

Parkside Apartments Kmg Prestige, Inc

515 N 3rd St
Coleman, Michigan
Rent Assisted
Senior
Supportive
S515

Parkside Apartments

516 N 4th St
Coleman, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Coleman Apartments Phase II

303 Hamilton St
Coleman, Michigan
Rent Assisted
LIHTC

Coleman Apartments

313 Hamilton St
Coleman, Michigan
Rent Assisted
LIHTC
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There are 62 low-income apartments in Coleman that offer reduced rents to eligible households.

Rental assistance programs support 40 low-income homes in Coleman 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 June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Coleman, 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
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 Coleman.

Coleman, Michigan Affordable Housing Data

Income Based Apartments in Coleman, Michigan

Coleman features 40 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 Coleman, Michigan

There are 62 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coleman.

Housing Choice Vouchers in Coleman, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Coleman, Michigan for a two-bedroom apartment is between $967 and $1,181.

2024 Coleman, 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
Coleman, Michigan Fair Market Rent $814 $820 $1,074 $1,409 $1,439
Coleman, Michigan Payment Standard Range $733 to $895 $738 to $902 $967 to $1,181 $1,268 to $1,550 $1,295 to $1,583

Sourced from federal housing data and AffordableHousingOnline.com research.

Coleman, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 102
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 44.84%
Average Renter Household Size 2.17
Average Household Size 2.18
Median Household Income $28,021 ±$5,613
Median Rent $552 ±$51
Percentage Of Renters Overburdened 52.08% ± 20.49pp
Total Population 1,291

Population and Household Demographics

Coleman is a city in Midland County, Michigan with a population of 1,291. There are 591 households in the city with an average household size of 2.18 persons. 44.84% of households in Coleman are renters.

Income and Rent Overburden in Coleman

The median gross income for households in Coleman is $28,021 a year, or $2,335 a month. The median rent for the city is $552 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coleman, a household making less than $1,840 a month would be considered overburdened when renting an apartment at or above the median rent. 52.08% of households who rent are overburdened in Coleman.

Area Median Income In Coleman

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 Coleman, the AMI is calculated from all households within Midland County.

In Coleman, HUD calculates the Area Median Income for a family of four as $95,300

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 Coleman

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 Coleman

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 Coleman AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,050 $21,750 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Coleman AMI may qualify for rental assistance programs that target Very Low Income households.
$31,700 $36,200 $40,750 $45,250 $48,900 $52,500 $56,150 $59,750
80% AMI Income Limits
Renters earning up to 80% of the Coleman AMI may qualify for rental assistance programs that target Low Income households.
$50,700 $57,950 $65,200 $72,400 $78,200 $84,000 $89,800 $95,600