Low Income Apartments and Affordable Housing For Rent in Newaygo, MI

Discover affordable housing in Newaygo where there are 5+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Autumn Grove

500 W Brooks St, Newaygo, Michigan 49337

Edgeview Apartments

290 E 82nd St, Newaygo, Michigan 49337

Autumn Grove Apartments

580 W Brooks St, Newaygo, Michigan 49337

Woodview Apartments

782 W Brooks St, Newaygo, Michigan 49337

Wildwood North Apts

157 W. Barton, Newaygo, Michigan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Newaygo, Michigan
$17.61/hour
$7.28 (+71%) more than Michigan minimum wage and $10.36 (+143%) more than the Federal minimum wage.
Learn More About Newaygo, Michigan Affordable Housing ↓

What HUD offices serve Newaygo, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Newaygo, Michigan.

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

How many renters live in Newaygo, Michigan?

The City of Newaygo has 2,458 people living in 957 households.

There are 852 renters living in 394 renter households in this City. Renters make up 34.66 percent of the population living in Newaygo.

What is the rental market like in Newaygo, Michigan?

There are an estimated 1,050 housing units in the Newaygo area. Of these, 423 units are rental homes, making up 40 percent of the housing market. For every renter household in Newaygo, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Newaygo?

The rental vacancy rate in Newaygo is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Newaygo for each bedroom size?

Occupied Rental Units by Size in Newaygo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 144 90 109 44
Occupied Rental Units by Size in Newaygo

A large number of apartments in Newaygo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Newaygo are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 12 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Newaygo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,295. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $708
Two BR $930
Three BR $1,211
Four BR $1,295
2024 Fair Market Rents in Newaygo, Michigan

How many units are rented at Fair Market Rent (FMR) in Newaygo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 89 62 percent
Two BR 13 14 percent
Rental Units Below FMR in Newaygo, Michigan

How many affordable rental units are in Newaygo?

There are a variety of federal affordable housing programs serving households in Newaygo, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 102
USDA Section 515 Rural Rental Housing 42
Tracked Units by Federal Program in Newaygo, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Newaygo, Michigan

Newaygo features 144 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 Newaygo, Michigan

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

Housing Choice Vouchers in Newaygo, Michigan

On average, Section 8 Housing Choice vouchers pay Newaygo landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Newaygo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newaygo, Michigan for a two-bedroom apartment is between $837 and $1,023.

Sourced from federal housing data and AffordableHousingOnline.com research.