; Low Income Apartments For Rent in Walker, MI

Apply to Walker Apartment Waiting Lists

Coventry Woods

3550 Remembrance Rd NW
Walker, Michigan
Subsidized
Rent Assisted
PBRA
LIHTC

Kingsbury Place Apartments

725 N Center Ct NW
Walker, Michigan
Rent Assisted
LIHTC

Csh 1124

Csh #1124
Walker, Michigan
Rent Assisted
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There are 88 low-income apartments in Walker that offer reduced rents to eligible households.

Rental assistance programs support 100 low-income homes in Walker where households pay rent based on how much they earn.

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 Walker, 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 Walker.

Walker, Michigan Affordable Housing Data

Income Based Apartments in Walker, Michigan

Walker features 100 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 Walker, Michigan

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Walker.

Housing Choice Vouchers in Walker, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Walker, Michigan for a two-bedroom apartment is between $899 and $1,099.

2024 Walker, 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
Walker, Michigan Fair Market Rent $677 $760 $999 $1,208 $1,330
Walker, Michigan Payment Standard Range $609 to $745 $684 to $836 $899 to $1,099 $1,087 to $1,329 $1,197 to $1,463

Sourced from federal housing data and AffordableHousingOnline.com research.

Walker, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 188
Total Housing Units with Rental Assistance 100
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Walker is a city in Cheboygan County, Michigan with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Walker are renters.

Income and Rent Overburden in Walker

The median gross income for households in Walker is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Walker

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 Walker, the AMI is calculated from all households within Cheboygan County.

In Walker, HUD calculates the Area Median Income for a family of four as $70,900

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 Walker

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 Walker

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 Walker 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 Walker 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 Walker 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