; Low Income Apartments For Rent in Portland, MI

Apply to Portland Apartment Waiting Lists

Portland School

306 Brush Street
Portland, Michigan
Rent Assisted
LIHTC
$502-775
1-3 BR

Portland Apartments

1800 Lillian Blvd
Portland, Michigan
Subsidized
PBRA

Edgemont Apartments

240 Charlotte Hwy
Portland, Michigan
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 29 low-income apartments in Portland that offer reduced rents to eligible households.

Rental assistance programs support 62 low-income homes in Portland 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 August 9th, 2022. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Portland, 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 Portland.

Portland, Michigan Affordable Housing Data

Income Based Apartments in Portland, Michigan

Portland features 62 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 Portland, Michigan

There are 29 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Portland.

Housing Choice Vouchers in Portland, Michigan

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

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

2024 Portland, 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
Portland, Michigan Fair Market Rent $795 $843 $1,108 $1,369 $1,683
Portland, 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.

Portland, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 91
Total Housing Units with Rental Assistance 62
Percentage of Housing Units Occupied By Renters 22.17%
Average Renter Household Size 1.93
Average Household Size 2.81
Median Household Income $55,290 ±$9,644
Median Rent $808 ±$80
Percentage Of Renters Overburdened 56.49% ± 17.46pp
Total Population 3,910

Population and Household Demographics

Portland is a city in Ionia County, Michigan with a population of 3,910. There are 1,389 households in the city with an average household size of 2.81 persons. 22.17% of households in Portland are renters.

Income and Rent Overburden in Portland

The median gross income for households in Portland is $55,290 a year, or $4,608 a month. The median rent for the city is $808 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Portland, a household making less than $2,693 a month would be considered overburdened when renting an apartment at or above the median rent. 56.49% of households who rent are overburdened in Portland.

Area Median Income In Portland

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

In Portland, 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 Portland

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 Portland

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 Portland 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 Portland 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 Portland 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