What HUD offices serve Farmington Hills, 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Farmington Hills.
How many renters live in Farmington Hills, Michigan?
The City of Farmington Hills has 82,738 people living in 34,498 households.
There are 25,079 renters living in 11,627 renter households in this City. Renters make up 30.31 percent of the population living in Farmington Hills.
What is the rental market like in Farmington Hills, Michigan?
There are an estimated 37,287 housing units in the Farmington Hills area. Of these, 13,753 units are rental homes, making up 37 percent of the housing market. For every renter household in Farmington Hills, Michigan, there are 1 rental units.
What is the vacancy rate for rentals in Farmington Hills?
The rental vacancy rate in Farmington Hills is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Farmington Hills for each bedroom size?
Occupied Rental Units by Size in Farmington Hills
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 653 | 4,002 | 6,857 | 822 | 236 |
Occupied Rental Units by Size in Farmington Hills
A large number of apartments in Farmington Hills 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 Farmington Hills are overburdened by housing costs?
Among renter households in this market, 29 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 Farmington Hills
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $920 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $920 |
| One BR | $1,019 |
| Two BR | $1,291 |
| Three BR | $1,595 |
| Four BR | $1,719 |
2024 Fair Market Rents in Farmington Hills, Michigan
How many units are rented at Fair Market Rent (FMR) in Farmington Hills?
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 |
| Studio | 245 | 38 percent |
| One BR | 1,353 | 34 percent |
| Two BR | 2,050 | 30 percent |
Rental Units Below FMR in Farmington Hills, Michigan
How many affordable rental units are in Farmington Hills?
There are a variety of federal affordable housing programs serving households in Farmington Hills, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 131 |
| Section 8 Project-Based Rental Assistance | 196 |
| Section 811 Supportive Housing for Persons with Disabilities | 9 |
Tracked Units by Federal Program in Farmington Hills, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Farmington Hills, Michigan
Farmington Hills features 503 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 Farmington Hills, Michigan
There are 268 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Farmington Hills.
Housing Choice Vouchers in Farmington Hills, Michigan
On average, Section 8 Housing Choice vouchers pay Farmington Hills landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Farmington Hills.
The maximum amount a voucher would pay on behalf of a low-income tenant in Farmington Hills, Michigan for a two-bedroom apartment is between $1,162 and $1,420.
Sourced from federal housing data and AffordableHousingOnline.com research.
