; Low Income Apartments For Rent in Lawrence, MI

Apply to Lawrence Apartment Waiting Lists

Lawrence Downs

595 S Paw Paw St
Lawrence, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
USDA S. 538
LIHTC
1 BR

South Street Apartments

325 South St
Lawrence, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
RDRA
S515

Brush Creek

400 S Paw Paw St
Lawrence, Michigan
Subsidized
Senior
S. 202
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There are 0 low-income apartments in Lawrence that offer reduced rents to eligible households. Low-income rents in Lawrence, Michigan can range from $502 to $517 depending on the number of bedrooms.

Rental assistance programs support 96 low-income homes in Lawrence 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 Lawrence, 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 Lawrence.

Lawrence, Michigan Affordable Housing Data

Income Based Apartments in Lawrence, Michigan

Lawrence features 96 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 Lawrence, Michigan

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

Housing Choice Vouchers in Lawrence, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lawrence, Michigan for a two-bedroom apartment is between $868 and $1,060.

2024 Lawrence, 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
Lawrence, Michigan Fair Market Rent $653 $734 $964 $1,255 $1,284
Lawrence, Michigan Payment Standard Range $588 to $718 $661 to $807 $868 to $1,060 $1,130 to $1,381 $1,156 to $1,412

Sourced from federal housing data and AffordableHousingOnline.com research.

Lawrence, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 96
Total Housing Units with Rental Assistance 96
Percentage of Housing Units Occupied By Renters 47.42%
Average Renter Household Size 1.90
Average Household Size 2.46
Median Household Income $25,700 ±$4,833
Median Rent $506 ±$199
Percentage Of Renters Overburdened 44.57% ± 17.2pp
Total Population 980

Population and Household Demographics

Lawrence is a city in Van Buren County, Michigan with a population of 980. There are 388 households in the city with an average household size of 2.46 persons. 47.42% of households in Lawrence are renters.

Income and Rent Overburden in Lawrence

The median gross income for households in Lawrence is $25,700 a year, or $2,142 a month. The median rent for the city is $506 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lawrence, a household making less than $1,687 a month would be considered overburdened when renting an apartment at or above the median rent. 44.57% of households who rent are overburdened in Lawrence.

Area Median Income In Lawrence

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 Lawrence, the AMI is calculated from all households within Van Buren County.

In Lawrence, HUD calculates the Area Median Income for a family of four as $77,100

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 Lawrence

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 Lawrence

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 Lawrence AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,800 $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 Lawrence AMI may qualify for rental assistance programs that target Very Low Income households.
$27,950 $31,950 $35,950 $39,900 $43,100 $46,300 $49,500 $52,700
80% AMI Income Limits
Renters earning up to 80% of the Lawrence AMI may qualify for rental assistance programs that target Low Income households.
$44,700 $51,100 $57,500 $63,850 $69,000 $74,100 $79,200 $84,300