; Low Income Apartments For Rent in Dimondale, MI

Apply to Dimondale Apartment Waiting Lists

Misty Cove

210 East Rd
Dimondale, Michigan
Rent Assisted
LIHTC
BMIR

Mf - Dev 1018 Misty Cove Senior Apartments

210 East St
Dimondale, Michigan
Rent Assisted
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There are 14 low-income apartments in Dimondale that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Dimondale 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 Dimondale, 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
Housing Services Mid Michigan Section 8 Housing Choice Voucher (HCV); Mainstream Voucher
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 Dimondale.

Dimondale, Michigan Affordable Housing Data

Income Based Apartments in Dimondale, Michigan

Dimondale features 0 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 Dimondale, Michigan

There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dimondale.

Housing Choice Vouchers in Dimondale, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dimondale, Michigan for a two-bedroom apartment is between $983 and $1,201.

2024 Dimondale, 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
Dimondale, Michigan Fair Market Rent $847 $887 $1,092 $1,423 $1,454
Dimondale, Michigan Payment Standard Range $762 to $932 $798 to $976 $983 to $1,201 $1,281 to $1,565 $1,309 to $1,599

Sourced from federal housing data and AffordableHousingOnline.com research.

Dimondale, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 14
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 18.08%
Average Renter Household Size 1.72
Average Household Size 2.51
Median Household Income $71,250 ±$13,829
Median Rent $688 ±$25
Percentage Of Renters Overburdened 79.52% ± 28.43pp
Total Population 1,162

Population and Household Demographics

Dimondale is a city in Eaton County, Michigan with a population of 1,162. There are 459 households in the city with an average household size of 2.51 persons. 18.08% of households in Dimondale are renters.

Income and Rent Overburden in Dimondale

The median gross income for households in Dimondale is $71,250 a year, or $5,938 a month. The median rent for the city is $688 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dimondale, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 79.52% of households who rent are overburdened in Dimondale.

Area Median Income In Dimondale

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 Dimondale, the AMI is calculated from all households within Eaton County.

In Dimondale, HUD calculates the Area Median Income for a family of four as $97,800

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 Dimondale

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 Dimondale

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 Dimondale AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,700 $22,500 $25,300 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Dimondale AMI may qualify for rental assistance programs that target Very Low Income households.
$32,800 $37,500 $42,200 $46,850 $50,600 $54,350 $58,100 $61,850
80% AMI Income Limits
Renters earning up to 80% of the Dimondale AMI may qualify for rental assistance programs that target Low Income households.
$52,500 $60,000 $67,500 $74,950 $80,950 $86,950 $92,950 $98,950