; Low Income Apartments For Rent in Milan, MI

Apply to Milan Apartment Waiting Lists

Mccalla Greene

409 Canfield St
Milan, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
1 BR

Milan Village Apartments

71 Hurd St
Milan, Michigan
Subsidized
Rent Assisted
PBRA
USDA S. 538
LIHTC
$706-824
1-2 BR

Canfield Crossing

355 Canfield St
Milan, Michigan
Rent Assisted
LIHTC
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There are 32 low-income apartments in Milan that offer reduced rents to eligible households. Low-income rents in Milan, Michigan can range from $658 to $824 depending on the number of bedrooms.

Rental assistance programs support 68 low-income homes in Milan 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 February 12th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Milan, 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)
Ann Arbor Housing Commission Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Moving to Work; Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD)
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Milan.

Milan, Michigan Affordable Housing Data

Income Based Apartments in Milan, Michigan

Milan features 68 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 Milan, Michigan

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Milan.

Housing Choice Vouchers in Milan, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Milan, Michigan for a two-bedroom apartment is between $1,047 and $1,279.

2024 Milan, 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
Milan, Michigan Fair Market Rent $788 $885 $1,163 $1,452 $1,885
Milan, Michigan Payment Standard Range $709 to $867 $797 to $974 $1,047 to $1,279 $1,307 to $1,597 $1,697 to $2,074

Sourced from federal housing data and AffordableHousingOnline.com research.

Milan, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 100
Total Housing Units with Rental Assistance 68
Percentage of Housing Units Occupied By Renters 32.79%
Average Renter Household Size 2.07
Average Household Size 2.60
Median Household Income $65,726 ±$5,738
Median Rent $908 ±$107
Percentage Of Renters Overburdened 32.89% ± 9.79pp
Total Population 5,929

Population and Household Demographics

Milan is a city in Monroe County, Michigan with a population of 5,929. There are 2,272 households in the city with an average household size of 2.60 persons. 32.79% of households in Milan are renters.

Income and Rent Overburden in Milan

The median gross income for households in Milan is $65,726 a year, or $5,477 a month. The median rent for the city is $908 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Milan, a household making less than $3,027 a month would be considered overburdened when renting an apartment at or above the median rent. 32.89% of households who rent are overburdened in Milan.

Area Median Income In Milan

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 Milan, the AMI is calculated from all households within Monroe County.

In Milan, HUD calculates the Area Median Income for a family of four as $92,000

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 Milan

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 Milan

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 Milan AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,100 $21,800 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Milan AMI may qualify for rental assistance programs that target Very Low Income households.
$31,800 $36,350 $40,900 $45,400 $49,050 $52,700 $56,300 $59,950
80% AMI Income Limits
Renters earning up to 80% of the Milan AMI may qualify for rental assistance programs that target Low Income households.
$50,900 $58,150 $65,400 $72,650 $78,500 $84,300 $90,100 $95,900