; Low Income Apartments For Rent in Saint Ignace, MI

Apply to Saint Ignace Apartment Waiting Lists

Charters Cove

280 Ferry Ln
Saint Ignace, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
1 BR

Bridgeview Greene

1049 Church St
Saint Ignace, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
1 BR

St Ignace Senior Housing Project

710 State a St
Saint Ignace, Michigan
Rent Assisted
LIHTC
Showing Results 1-15
  • «
  • 1
  • »

There are 24 low-income apartments in Saint Ignace that offer reduced rents to eligible households. Low-income rents in Saint Ignace, Michigan can range from $525 to $525 depending on the number of bedrooms.

Rental assistance programs support 64 low-income homes in Saint Ignace where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $280 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 Saint Ignace, 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
Mackinac County Housing Commission Public Housing
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 Saint Ignace.

Saint Ignace, Michigan Affordable Housing Data

Income Based Apartments in Saint Ignace, Michigan

Saint Ignace features 64 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 Saint Ignace, Michigan

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Ignace.

Housing Choice Vouchers in Saint Ignace, Michigan

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

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

2024 Saint Ignace, 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
Saint Ignace, Michigan Fair Market Rent $725 $729 $905 $1,094 $1,356
Saint Ignace, Michigan Payment Standard Range $653 to $798 $656 to $802 $815 to $996 $985 to $1,203 $1,220 to $1,492

Sourced from federal housing data and AffordableHousingOnline.com research.

Saint Ignace, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 88
Total Housing Units with Rental Assistance 64
Percentage of Housing Units Occupied By Renters 43.98%
Average Renter Household Size 1.85
Average Household Size 2.04
Median Household Income $34,555 ±$2,655
Median Rent $579 ±$38
Percentage Of Renters Overburdened 45.28% ± 11.29pp
Total Population 2,548

Population and Household Demographics

Saint Ignace is a city in Mackinac County, Michigan with a population of 2,548. There are 1,205 households in the city with an average household size of 2.04 persons. 43.98% of households in Saint Ignace are renters.

Income and Rent Overburden in Saint Ignace

The median gross income for households in Saint Ignace is $34,555 a year, or $2,880 a month. The median rent for the city is $579 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saint Ignace, a household making less than $1,930 a month would be considered overburdened when renting an apartment at or above the median rent. 45.28% of households who rent are overburdened in Saint Ignace.

Area Median Income In Saint Ignace

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 Saint Ignace, the AMI is calculated from all households within Mackinac County.

In Saint Ignace, HUD calculates the Area Median Income for a family of four as $73,300

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 Saint Ignace

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 Saint Ignace

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 Saint Ignace 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 Saint Ignace 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 Saint Ignace 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