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

Discover affordable housing in Vicksburg where there are 2+ 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.

Saw Mill Creek II

307 W Highway St, Vicksburg, Michigan 49097

Sunset Coves Apts Converse Management

340 W. Prairie St, Vicksburg, Michigan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Vicksburg, Michigan
$20.02/hour
$9.69 (+94%) more than Michigan minimum wage and $12.77 (+176%) more than the Federal minimum wage.
Learn More About Vicksburg, Michigan Affordable Housing ↓

What HUD offices serve Vicksburg, 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 Vicksburg, Michigan.

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

How many renters live in Vicksburg, Michigan?

The City of Vicksburg has 3,757 people living in 1,551 households.

There are 771 renters living in 429 renter households in this City. Renters make up 20.52 percent of the population living in Vicksburg.

What is the rental market like in Vicksburg, Michigan?

There are an estimated 1,559 housing units in the Vicksburg area. Of these, 429 units are rental homes, making up 28 percent of the housing market. For every renter household in Vicksburg, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Vicksburg?

The rental vacancy rate in Vicksburg is 0 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 Vicksburg for each bedroom size?

Occupied Rental Units by Size in Vicksburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 152 118 126 33
Occupied Rental Units by Size in Vicksburg

A large number of apartments in Vicksburg 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 Vicksburg are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 26 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 Vicksburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $724 to $1,484. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $724
One BR $878
Two BR $1,057
Three BR $1,413
Four BR $1,484
2024 Fair Market Rents in Vicksburg, Michigan

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

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 107 70 percent
Two BR 75 64 percent
Rental Units Below FMR in Vicksburg, Michigan

How many affordable rental units are in Vicksburg?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Vicksburg, Michigan

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

Income Based Apartments in Vicksburg, Michigan

Vicksburg features 24 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 Vicksburg, Michigan

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

Housing Choice Vouchers in Vicksburg, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Vicksburg, Michigan for a two-bedroom apartment is between $951 and $1,163.

Sourced from federal housing data and AffordableHousingOnline.com research.