; Low Income Apartments For Rent in Spring Arbor, MI

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108 2nd St
Spring Arbor, Michigan
Subsidized
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S515
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There are 0 low-income apartments in Spring Arbor that offer reduced rents to eligible households.

Rental assistance programs support 96 low-income homes in Spring Arbor where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Spring Arbor, 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
Jackson Housing Commission Section 8 Housing Choice Voucher (HCV); 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 Spring Arbor.

Spring Arbor, Michigan Affordable Housing Data

Income Based Apartments in Spring Arbor, Michigan

Spring Arbor features 96 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 Spring Arbor, Michigan

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

Housing Choice Vouchers in Spring Arbor, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Spring Arbor, Michigan for a two-bedroom apartment is between $967 and $1,181.

2024 Spring Arbor, 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
Spring Arbor, Michigan Fair Market Rent $744 $884 $1,074 $1,413 $1,619
Spring Arbor, Michigan Payment Standard Range $670 to $818 $796 to $972 $967 to $1,181 $1,272 to $1,554 $1,457 to $1,781

Sourced from federal housing data and AffordableHousingOnline.com research.

Spring Arbor, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 96
Total Housing Units with Rental Assistance 96
Percentage of Housing Units Occupied By Renters 28.65%
Average Renter Household Size 1.45
Average Household Size 2.29
Median Household Income $53,664 ±$8,196
Median Rent $729 ±$648
Percentage Of Renters Overburdened 73.15% ± 19.72pp
Total Population 2,928

Population and Household Demographics

Spring Arbor is a city in Jackson County, Michigan with a population of 2,928. There are 754 households in the city with an average household size of 2.29 persons. 28.65% of households in Spring Arbor are renters.

Income and Rent Overburden in Spring Arbor

The median gross income for households in Spring Arbor is $53,664 a year, or $4,472 a month. The median rent for the city is $729 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Spring Arbor, a household making less than $2,430 a month would be considered overburdened when renting an apartment at or above the median rent. 73.15% of households who rent are overburdened in Spring Arbor.

Area Median Income In Spring Arbor

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 Spring Arbor, the AMI is calculated from all households within Jackson County.

In Spring Arbor, HUD calculates the Area Median Income for a family of four as $82,700

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 Spring Arbor

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 Spring Arbor

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 Spring Arbor AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,100 $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 Spring Arbor AMI may qualify for rental assistance programs that target Very Low Income households.
$26,850 $30,700 $34,550 $38,350 $41,450 $44,500 $47,600 $50,650
80% AMI Income Limits
Renters earning up to 80% of the Spring Arbor AMI may qualify for rental assistance programs that target Low Income households.
$42,950 $49,100 $55,250 $61,350 $66,300 $71,200 $76,100 $81,000