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

Discover affordable housing in Calumet 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.

Golden Horizons

57395 Mine St, Calumet, Michigan 49913

Park Avenue Apartments

1 Park Ave, Calumet, Michigan 49913

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Calumet, Michigan
$17.14/hour
$6.81 (+66%) more than Michigan minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Calumet, Michigan Affordable Housing ↓

What HUD offices serve Calumet, 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 Public Housing programs for Calumet, Michigan.

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

How many renters live in Calumet, Michigan?

The City of Calumet has 719 people living in 419 households.

There are 505 renters living in 307 renter households in this City. Renters make up 70.24 percent of the population living in Calumet.

What is the rental market like in Calumet, Michigan?

There are an estimated 542 housing units in the Calumet area. Of these, 329 units are rental homes, making up 61 percent of the housing market. For every renter household in Calumet, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Calumet?

The rental vacancy rate in Calumet 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 Calumet for each bedroom size?

Occupied Rental Units by Size in Calumet
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 152 89 62 4
Occupied Rental Units by Size in Calumet

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

Among renter households in this market, 40 percent have housing cost burden. Further, 18 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 Calumet

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $710 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $710
One BR $758
Two BR $905
Three BR $1,275
Four BR $1,536
2024 Fair Market Rents in Calumet, Michigan

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

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 127 84 percent
Two BR 51 57 percent
Rental Units Below FMR in Calumet, Michigan

How many affordable rental units are in Calumet?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1
Public Housing 96
Tracked Units by Federal Program in Calumet, Michigan

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

Income Based Apartments in Calumet, Michigan

Calumet features 114 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 Calumet, Michigan

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

Housing Choice Vouchers in Calumet, Michigan

On average, Section 8 Housing Choice vouchers pay Calumet landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Calumet.

The maximum amount a voucher would pay on behalf of a low-income tenant in Calumet, Michigan for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.