Low Income Apartments For Rent in Taylor, MI

Rental assistance programs support 622 low-income homes in Taylor where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $325 towards rent each month.

Affordable rent data for some communities last confirmed on June 24th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Taylor, 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
Taylor Housing Commission	Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)
Detroit Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation; Family Unification Program (FUP)
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)
River Rouge Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing
Ferndale Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing
Melvindale Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing
Plymouth Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Rental Assistance Demonstration (RAD); Family Unification Program (FUP)

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Taylor.

Taylor, Michigan Affordable Housing Data

Income Based Apartments in Taylor, Michigan

Taylor features 622 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 Taylor, Michigan

There are 272 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taylor.

Housing Choice Vouchers in Taylor, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Taylor, Michigan for a two-bedroom apartment is between $1,162 and $1,420.

2024 Taylor, 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
Taylor, Michigan Fair Market Rent	$920	$1,019	$1,291	$1,595	$1,719
Taylor, Michigan Payment Standard Range	$828 to $1,012	$917 to $1,121	$1,162 to $1,420	$1,436 to $1,755	$1,547 to $1,891

Sourced from federal housing data and AffordableHousingOnline.com research.

Taylor, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 5

Total Low Income Apartments 895

Total Housing Units with Rental Assistance 622

Percentage of Housing Units Occupied By Renters 34.49%

Average Renter Household Size 2.56

Average Household Size 2.58

Median Household Income $40,545 ±$1,392

Median Rent $793 ±$22

Percentage Of Renters Overburdened 50.19% ± 4.17pp

Total Population 62,021

Total Affordable Apartment Properties	5
Total Low Income Apartments	895
Total Housing Units with Rental Assistance	622
Percentage of Housing Units Occupied By Renters	34.49%
Average Renter Household Size	2.56
Average Household Size	2.58
Median Household Income	$40,545 ±$1,392
Median Rent	$793 ±$22
Percentage Of Renters Overburdened	50.19% ± 4.17pp
Total Population	62,021

Population and Household Demographics

Taylor is a city in Wayne County, Michigan with a population of 62,021. There are 23,742 households in the city with an average household size of 2.58 persons. 34.49% of households in Taylor are renters.

Income and Rent Overburden in Taylor

The median gross income for households in Taylor is $40,545 a year, or $3,379 a month. The median rent for the city is $793 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Taylor, a household making less than $2,643 a month would be considered overburdened when renting an apartment at or above the median rent. 50.19% of households who rent are overburdened in Taylor.

Area Median Income In Taylor

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 Taylor, the AMI is calculated from all households within Wayne County.

In Taylor, HUD calculates the Area Median Income for a family of four as $94,700

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 Taylor

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 Taylor

	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 Taylor AMI may qualify for rental assistance programs that target Extremely Low Income households.	$19,900	$22,750	$25,600	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Taylor AMI may qualify for rental assistance programs that target Very Low Income households.	$33,150	$37,900	$42,650	$47,350	$51,150	$54,950	$58,750	$62,550
80% AMI Income Limits Renters earning up to 80% of the Taylor AMI may qualify for rental assistance programs that target Low Income households.	$53,050	$60,600	$68,200	$75,750	$81,850	$87,900	$93,950	$100,000