; Low Income Apartments For Rent in Ionia, MI

Apply to Ionia Apartment Waiting Lists

Wooded View Apartments

630 Johnson Rd
Ionia, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
RDRA
S515
Income Based
1 BR

Crosswind Apartments Mgmt Resource Dev

833 Prospect St
Ionia, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Valley View III

751 Valley View Drive
Ionia, Michigan
Rent Assisted
LIHTC
$657
1 BR

Oak Hills Apartments

647 Crawford St
Ionia, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
Call For Rent
1 BR

422 E Lincoln Ave Unit Apt 2

422 E Lincoln Ave Unit Apt 2
Ionia, Michigan
$700
1 BR

Valley View Apartments

741 Valley View Dr
Ionia, Michigan
Rent Assisted
LIHTC

Belleview Place II

127 Belleview Dr
Ionia, Michigan
Rent Assisted
LIHTC

Valley View I and II

741 Valley View Dr
Ionia, Michigan
Rent Assisted
LIHTC

Mf - Dev 1043 Belleview Place

121 Belleview Dr
Ionia, Michigan
Rent Assisted
LIHTC
HOME

Pine Vista Robertston Court Scattered - Site

667 Union St
Ionia, Michigan
Subsidized
Public Housing

122 N Dexter

122 N Dexter St
Ionia, Michigan
Rent Assisted
LIHTC
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There are 194 low-income apartments in Ionia that offer reduced rents to eligible households. Low-income rents in Ionia, Michigan can range from $657 to $657 depending on the number of bedrooms.

Rental assistance programs support 222 low-income homes in Ionia where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $252 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Ionia, 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
Ionia Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
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 Ionia.

Ionia, Michigan Affordable Housing Data

Income Based Apartments in Ionia, Michigan

Ionia features 222 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 Ionia, Michigan

There are 194 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ionia.

Housing Choice Vouchers in Ionia, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ionia, Michigan for a two-bedroom apartment is between $997 and $1,219.

2024 Ionia, 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
Ionia, Michigan Fair Market Rent $795 $843 $1,108 $1,369 $1,683
Ionia, Michigan Payment Standard Range $716 to $875 $759 to $927 $997 to $1,219 $1,232 to $1,506 $1,515 to $1,851

Sourced from federal housing data and AffordableHousingOnline.com research.

Ionia, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 417
Total Housing Units with Rental Assistance 222
Percentage of Housing Units Occupied By Renters 44.65%
Average Renter Household Size 2.81
Average Household Size 2.78
Median Household Income $34,653 ±$4,170
Median Rent $680 ±$81
Percentage Of Renters Overburdened 61.95% ± 16.08pp
Total Population 11,384

Population and Household Demographics

Ionia is a city in Ionia County, Michigan with a population of 11,384. There are 2,784 households in the city with an average household size of 2.78 persons. 44.65% of households in Ionia are renters.

Income and Rent Overburden in Ionia

The median gross income for households in Ionia is $34,653 a year, or $2,888 a month. The median rent for the city is $680 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ionia, a household making less than $2,267 a month would be considered overburdened when renting an apartment at or above the median rent. 61.95% of households who rent are overburdened in Ionia.

Area Median Income In Ionia

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 Ionia, the AMI is calculated from all households within Ionia County.

In Ionia, HUD calculates the Area Median Income for a family of four as $82,600

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 Ionia

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 Ionia

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 Ionia AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Ionia AMI may qualify for rental assistance programs that target Very Low Income households.
$27,100 $31,000 $34,850 $38,700 $41,800 $44,900 $48,000 $51,100
80% AMI Income Limits
Renters earning up to 80% of the Ionia AMI may qualify for rental assistance programs that target Low Income households.
$43,350 $49,550 $55,750 $61,900 $66,900 $71,850 $76,800 $81,750