; Low Income Apartments For Rent in Sand Lake, MI

Apply to Sand Lake Apartment Waiting Lists

Old Mill Apartments

86 S 3rd St
Sand Lake, Michigan
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Mildred Houting Leisure Acres

35 E Maple St
Sand Lake, Michigan
Subsidized
Rent Assisted
Senior
Supportive
PBRA
LIHTC
S515
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There are 0 low-income apartments in Sand Lake that offer reduced rents to eligible households.

Rental assistance programs support 48 low-income homes in Sand Lake 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, 2022. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Sand Lake, 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 Sand Lake.

Sand Lake, Michigan Affordable Housing Data

Income Based Apartments in Sand Lake, Michigan

Sand Lake features 48 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 Sand Lake, Michigan

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

Housing Choice Vouchers in Sand Lake, Michigan

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

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

2024 Sand Lake, 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
Sand Lake, Michigan Fair Market Rent $725 $730 $905 $1,156 $1,283
Sand Lake, Michigan Payment Standard Range $653 to $798 $657 to $803 $815 to $996 $1,040 to $1,272 $1,155 to $1,411

Sourced from federal housing data and AffordableHousingOnline.com research.

Sand Lake, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 10.75%
Average Renter Household Size 2.31
Average Household Size 2.04
Median Household Income $37,778 ±$4,046
Median Rent $617 ±$44
Percentage Of Renters Overburdened 11.11% ± 25.68pp
Total Population 1,370

Population and Household Demographics

Sand Lake is a city in Iosco County, Michigan with a population of 1,370. There are 670 households in the city with an average household size of 2.04 persons. 10.75% of households in Sand Lake are renters.

Income and Rent Overburden in Sand Lake

The median gross income for households in Sand Lake is $37,778 a year, or $3,148 a month. The median rent for the city is $617 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sand Lake, a household making less than $2,057 a month would be considered overburdened when renting an apartment at or above the median rent. 11.11% of households who rent are overburdened in Sand Lake.

Area Median Income In Sand Lake

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 Sand Lake, the AMI is calculated from all households within Iosco County.

In Sand Lake, HUD calculates the Area Median Income for a family of four as $62,100

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 Sand Lake

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 Sand Lake

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 Sand Lake 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 Sand Lake 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 Sand Lake 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