; Low Income Apartments For Rent in Kingsley, MI

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Fife Lake Apartments - Kingsley Arms Apartments

203 Madison Ave
Kingsley, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 0 low-income apartments in Kingsley that offer reduced rents to eligible households.

Rental assistance programs support 34 low-income homes in Kingsley where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $277 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Kingsley, 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 Kingsley.

Kingsley, Michigan Affordable Housing Data

Income Based Apartments in Kingsley, Michigan

Kingsley features 34 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 Kingsley, Michigan

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

Housing Choice Vouchers in Kingsley, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kingsley, Michigan for a two-bedroom apartment is between $1,109 and $1,355.

2024 Kingsley, 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
Kingsley, Michigan Fair Market Rent $1,044 $1,061 $1,232 $1,490 $1,641
Kingsley, Michigan Payment Standard Range $940 to $1,148 $955 to $1,167 $1,109 to $1,355 $1,341 to $1,639 $1,477 to $1,805

Sourced from federal housing data and AffordableHousingOnline.com research.

Kingsley, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 34
Total Housing Units with Rental Assistance 34
Percentage of Housing Units Occupied By Renters 25.71%
Average Renter Household Size 2.68
Average Household Size 2.68
Median Household Income $40,268 ±$7,373
Median Rent $864 ±$125
Percentage Of Renters Overburdened 57.14% ± 15.48pp
Total Population 1,605

Population and Household Demographics

Kingsley is a city in Grand Traverse County, Michigan with a population of 1,605. There are 599 households in the city with an average household size of 2.68 persons. 25.71% of households in Kingsley are renters.

Income and Rent Overburden in Kingsley

The median gross income for households in Kingsley is $40,268 a year, or $3,356 a month. The median rent for the city is $864 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Kingsley, a household making less than $2,880 a month would be considered overburdened when renting an apartment at or above the median rent. 57.14% of households who rent are overburdened in Kingsley.

Area Median Income In Kingsley

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 Kingsley, the AMI is calculated from all households within Grand Traverse County.

In Kingsley, HUD calculates the Area Median Income for a family of four as $89,900

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 Kingsley

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 Kingsley

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 Kingsley AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,900 $21,600 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Kingsley AMI may qualify for rental assistance programs that target Very Low Income households.
$31,500 $36,000 $40,500 $44,950 $48,550 $52,150 $55,750 $59,350
80% AMI Income Limits
Renters earning up to 80% of the Kingsley AMI may qualify for rental assistance programs that target Low Income households.
$50,350 $57,550 $64,750 $71,900 $77,700 $83,450 $89,200 $94,950