; Low Income Apartments For Rent in Empire, MI

Apply to Empire Apartment Waiting Lists

Empire Apartments

10051 W Michigan St
Empire, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Empire that offer reduced rents to eligible households.

Rental assistance programs support 18 low-income homes in Empire where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Empire, 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)
Traverse City Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Empire.

Empire, Michigan Affordable Housing Data

Income Based Apartments in Empire, Michigan

Empire features 18 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 Empire, Michigan

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

Housing Choice Vouchers in Empire, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Empire, Michigan for a two-bedroom apartment is between $1,151 and $1,407.

2024 Empire, 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
Empire, Michigan Fair Market Rent $894 $993 $1,279 $1,546 $1,703
Empire, Michigan Payment Standard Range $805 to $983 $894 to $1,092 $1,151 to $1,407 $1,391 to $1,701 $1,533 to $1,873

Sourced from federal housing data and AffordableHousingOnline.com research.

Empire, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 18
Total Housing Units with Rental Assistance 18
Percentage of Housing Units Occupied By Renters 25.87%
Average Renter Household Size 1.77
Average Household Size 1.78
Median Household Income $49,875 ±$10,419
Median Rent $492 ±$170
Percentage Of Renters Overburdened 32.69% ± 23.97pp
Total Population 358

Population and Household Demographics

Empire is a city in Leelanau County, Michigan with a population of 358. There are 201 households in the city with an average household size of 1.78 persons. 25.87% of households in Empire are renters.

Income and Rent Overburden in Empire

The median gross income for households in Empire is $49,875 a year, or $4,156 a month. The median rent for the city is $492 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Empire, a household making less than $1,640 a month would be considered overburdened when renting an apartment at or above the median rent. 32.69% of households who rent are overburdened in Empire.

Area Median Income In Empire

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 Empire, the AMI is calculated from all households within Leelanau County.

In Empire, HUD calculates the Area Median Income for a family of four as $98,800

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 Empire

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 Empire

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 Empire AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,600 $22,400 $25,200 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Empire AMI may qualify for rental assistance programs that target Very Low Income households.
$32,700 $37,400 $42,050 $46,700 $50,450 $54,200 $57,950 $61,650
80% AMI Income Limits
Renters earning up to 80% of the Empire AMI may qualify for rental assistance programs that target Low Income households.
$52,300 $59,800 $67,250 $74,700 $80,700 $86,700 $92,650 $98,650