; Low Income Apartments For Rent in Fenton, MI

Apply to Fenton Apartment Waiting Lists

Dauner Haus

400 Dauner Haus St
Fenton, Michigan
Subsidized
Rent Assisted
PBRA
LIHTC

Dauner Haus II

500 Dauner Haus St
Fenton, Michigan
Rent Assisted
LIHTC

Millpond Monor

201 E Elizabeth St
Fenton, Michigan
Rent Assisted
LIHTC

Lockwood of Fenton

16300 Silver Pkwy
Fenton, Michigan
Rent Assisted
HOME

Siver Lake Arbors

3800 Arbor Dr
Fenton, Michigan
Rent Assisted
LIHTC
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There are 267 low-income apartments in Fenton that offer reduced rents to eligible households.

Rental assistance programs support 150 low-income homes in Fenton 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 Fenton, 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)
Flint 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 Fenton.

Fenton, Michigan Affordable Housing Data

Income Based Apartments in Fenton, Michigan

Fenton features 150 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 Fenton, Michigan

There are 267 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fenton.

Housing Choice Vouchers in Fenton, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fenton, Michigan for a two-bedroom apartment is between $955 and $1,167.

2024 Fenton, 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
Fenton, Michigan Fair Market Rent $740 $854 $1,061 $1,317 $1,444
Fenton, Michigan Payment Standard Range $666 to $814 $769 to $939 $955 to $1,167 $1,185 to $1,449 $1,300 to $1,588

Sourced from federal housing data and AffordableHousingOnline.com research.

Fenton, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 417
Total Housing Units with Rental Assistance 150
Percentage of Housing Units Occupied By Renters 41.5%
Average Renter Household Size 1.96
Average Household Size 2.36
Median Household Income $44,321 ±$6,345
Median Rent $856 ±$33
Percentage Of Renters Overburdened 40.02% ± 9.38pp
Total Population 11,538

Population and Household Demographics

Fenton is a city in Genesee County, Michigan with a population of 11,538. There are 4,769 households in the city with an average household size of 2.36 persons. 41.5% of households in Fenton are renters.

Income and Rent Overburden in Fenton

The median gross income for households in Fenton is $44,321 a year, or $3,693 a month. The median rent for the city is $856 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fenton, a household making less than $2,853 a month would be considered overburdened when renting an apartment at or above the median rent. 40.02% of households who rent are overburdened in Fenton.

Area Median Income In Fenton

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 Fenton, the AMI is calculated from all households within Genesee County.

In Fenton, HUD calculates the Area Median Income for a family of four as $76,200

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 Fenton

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 Fenton

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 Fenton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,950 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,050
50% AMI Income Limits
Renters earning up to 50% of the Fenton AMI may qualify for rental assistance programs that target Very Low Income households.
$26,550 $30,350 $34,150 $37,900 $40,950 $44,000 $47,000 $50,050
80% AMI Income Limits
Renters earning up to 80% of the Fenton AMI may qualify for rental assistance programs that target Low Income households.
$42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100