; Low Income Apartments For Rent in Gaylord, MI

Apply to Gaylord Apartment Waiting Lists

Gaslight Square Apartments

1231 Village Pkwy
Gaylord, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Alpine Alten Zimmer

120 Grandview Blvd
Gaylord, Michigan
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S515
RDRA

Alpine Haus

504 Random Ln
Gaylord, Michigan
Subsidized
PBRA

Sheldon Place Apartments

910 W Sheldon St
Gaylord, Michigan
Rent Assisted
LIHTC
Income Based
1-2 BR

Northwind Apartment Homes

132 North Indiana Ave and 403 West MItchell
Gaylord, Michigan
Rent Assisted
LIHTC
HOME
Local Program
Call For Rent
1-2 BR

Green Meadows Apartments

900 Northmeadow Dr
Gaylord, Michigan
$862
2 BR

Aspen I Apartments

500 W North St
Gaylord, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Park Meadow

1316 Park Meadow Dr
Gaylord, Michigan
Rent Assisted
LIHTC

Little Village C/O Kmg Prestige

410 S Center St
Gaylord, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Mf - Dev Green Meadows

572 W North St
Gaylord, Michigan
Rent Assisted
HOME

Green Meadows of Gaylord

802 Northmeadow Dr
Gaylord, Michigan
Rent Assisted
LIHTC
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There are 218 low-income apartments in Gaylord that offer reduced rents to eligible households. Low-income rents in Gaylord, Michigan can range from $578 to $711 depending on the number of bedrooms.

Rental assistance programs support 246 low-income homes in Gaylord where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $294 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Gaylord, 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 Gaylord.

Gaylord, Michigan Affordable Housing Data

Income Based Apartments in Gaylord, Michigan

Gaylord features 246 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 Gaylord, Michigan

There are 218 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gaylord.

Housing Choice Vouchers in Gaylord, Michigan

On average, Section 8 Housing Choice vouchers pay Gaylord landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Gaylord.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaylord, Michigan for a two-bedroom apartment is between $904 and $1,104.

2024 Gaylord, 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
Gaylord, Michigan Fair Market Rent $702 $764 $1,004 $1,347 $1,546
Gaylord, Michigan Payment Standard Range $632 to $772 $688 to $840 $904 to $1,104 $1,212 to $1,482 $1,391 to $1,701

Sourced from federal housing data and AffordableHousingOnline.com research.

Gaylord, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 465
Total Housing Units with Rental Assistance 246
Percentage of Housing Units Occupied By Renters 48.98%
Average Renter Household Size 1.69
Average Household Size 2.02
Median Household Income $33,036 ±$12,035
Median Rent $653 ±$68
Percentage Of Renters Overburdened 52.21% ± 15.92pp
Total Population 3,640

Population and Household Demographics

Gaylord is a city in Otsego County, Michigan with a population of 3,640. There are 1,709 households in the city with an average household size of 2.02 persons. 48.98% of households in Gaylord are renters.

Income and Rent Overburden in Gaylord

The median gross income for households in Gaylord is $33,036 a year, or $2,753 a month. The median rent for the city is $653 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gaylord, a household making less than $2,177 a month would be considered overburdened when renting an apartment at or above the median rent. 52.21% of households who rent are overburdened in Gaylord.

Area Median Income In Gaylord

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 Gaylord, the AMI is calculated from all households within Otsego County.

In Gaylord, HUD calculates the Area Median Income for a family of four as $84,500

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 Gaylord

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 Gaylord

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 Gaylord AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,900 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,000
50% AMI Income Limits
Renters earning up to 50% of the Gaylord AMI may qualify for rental assistance programs that target Very Low Income households.
$26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
80% AMI Income Limits
Renters earning up to 80% of the Gaylord AMI may qualify for rental assistance programs that target Low Income households.
$42,400 $48,450 $54,500 $60,550 $65,400 $70,250 $75,100 $79,950