; Low Income Apartments For Rent in Port Austin, MI

Apply to Port Austin Apartment Waiting Lists

Harbor Villas Apartments CO Prime Prop Mgmt

299 Grindstone Rd
Port Austin, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Port Austin that offer reduced rents to eligible households.

Rental assistance programs support 20 low-income homes in Port Austin 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 October 9th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Port Austin, 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 Port Austin.

Port Austin, Michigan Affordable Housing Data

Income Based Apartments in Port Austin, Michigan

Port Austin features 20 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 Port Austin, Michigan

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

Housing Choice Vouchers in Port Austin, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Port Austin, Michigan for a two-bedroom apartment is between $815 and $996.

2024 Port Austin, 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
Port Austin, Michigan Fair Market Rent $639 $717 $905 $1,101 $1,205
Port Austin, Michigan Payment Standard Range $575 to $703 $645 to $789 $815 to $996 $991 to $1,211 $1,085 to $1,326

Sourced from federal housing data and AffordableHousingOnline.com research.

Port Austin, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 20
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 25.47%
Average Renter Household Size 1.84
Average Household Size 1.87
Median Household Income $30,966 ±$3,019
Median Rent $369 ±$86
Percentage Of Renters Overburdened 45.74% ± 20.1pp
Total Population 712

Population and Household Demographics

Port Austin is a city in Huron County, Michigan with a population of 712. There are 369 households in the city with an average household size of 1.87 persons. 25.47% of households in Port Austin are renters.

Income and Rent Overburden in Port Austin

The median gross income for households in Port Austin is $30,966 a year, or $2,581 a month. The median rent for the city is $369 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Port Austin, a household making less than $1,230 a month would be considered overburdened when renting an apartment at or above the median rent. 45.74% of households who rent are overburdened in Port Austin.

Area Median Income In Port Austin

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 Port Austin, the AMI is calculated from all households within Huron County.

In Port Austin, HUD calculates the Area Median Income for a family of four as $74,800

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 Port Austin

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 Port Austin

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 Port Austin 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 Port Austin 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 Port Austin 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