; Low Income Apartments For Rent in Emmet County, MI

Apply to Emmet County Apartment Waiting Lists

Crooked River Apartments

7222 Milton Rd
Alanson, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
1 BR

Traverse Woods II

201 Lafayette Ave
Petoskey, Michigan
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S515
USDA S. 538
RDRA

The Village of Hillside

311 W Main St
Harbor Springs, Michigan
Rent Assisted
LIHTC
Call For Rent
1 BR

Harbor Village Apartments

1301 Crestview Dr
Petoskey, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1-2 BR

Maple Village l & ll Apartments

1695 Meadow Way
Petoskey, Michigan
Rent Assisted
LIHTC
HOME
Call For Rent
2-3 BR

Riverview Terrace

11 Bridge St
Petoskey, Michigan
Subsidized
PBRA
BMIR
Income Based
1 BR

Hillside Club Apartments

2002 E Mitchell Rd
Petoskey, Michigan
Rent Assisted
LIHTC
BMIR

Harbor Village Senior

1401 Crestview Dr
Petoskey, Michigan
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Harbor Village Senior Apartments II

1501 Crestview Dr
Petoskey, Michigan
Rent Assisted
LIHTC

Little Traverse Village (Lafayette Park)

301 Lafayette Street C 104
Petoskey, Michigan

Wah Wahs Noo Da Ke CO Ltbb of Odawa Indians

3728 Heynig Rd
Harbor Springs, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Hillside Club - Phase Two

405 Valleycrest
Petoskey, Michigan
Rent Assisted
LIHTC
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There are 313 low-income apartments in Emmet County that offer reduced rents to eligible households.

Rental assistance programs support 274 low-income homes in Emmet County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $251 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 Emmet County, 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 Emmet County.

Emmet County, Michigan Affordable Housing Data

Income Based Apartments in Emmet County, Michigan

Emmet County features 274 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 Emmet County, Michigan

There are 313 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Emmet County.

Housing Choice Vouchers in Emmet County, Michigan

On average, Section 8 Housing Choice vouchers pay Emmet County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Emmet County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Emmet County, Michigan for a two-bedroom apartment is between $1,064 and $1,300.

2024 Emmet County, 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
Emmet County, Michigan Fair Market Rent $826 $900 $1,182 $1,429 $1,675
Emmet County, Michigan Payment Standard Range $743 to $909 $810 to $990 $1,064 to $1,300 $1,286 to $1,572 $1,508 to $1,843

Sourced from federal housing data and AffordableHousingOnline.com research.

Emmet County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 659
Total Housing Units with Rental Assistance 274
Percentage of Housing Units Occupied By Renters 24.48%
Average Renter Household Size 2.03
Average Household Size 2.33
Median Household Income $51,018 ±$1,617
Median Rent $773 ±$53
Percentage Of Renters Overburdened 48.27% ± 6.06pp
Total Population 33,018

Population and Household Demographics

Emmet County is a county in Michigan with a population of 33,018. There are 13,948 households in the county with an average household size of 2.33 persons. 24.48% of households in Emmet County are renters.

Income and Rent Overburden in Emmet County

The median gross income for households in Emmet County is $51,018 a year, or $4,252 a month. The median rent for the county is $773 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Emmet County, a household making less than $2,577 a month would be considered overburdened when renting an apartment at or above the median rent. 48.27% of households who rent are overburdened in Emmet County.

Area Median Income In Emmet County

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.

In Emmet County, HUD calculates the Area Median Income for a family of four as $87,100

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 Emmet County

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 Emmet County

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 Emmet County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,500 $20,000 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Emmet County AMI may qualify for rental assistance programs that target Very Low Income households.
$29,150 $33,300 $37,450 $41,600 $44,950 $48,300 $51,600 $54,950
80% AMI Income Limits
Renters earning up to 80% of the Emmet County AMI may qualify for rental assistance programs that target Low Income households.
$46,600 $53,250 $59,900 $66,550 $71,900 $77,200 $82,550 $87,850