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

Discover affordable housing in Gaylord where there are 10+ 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.

Gaslight Square Apartments

1231 Village Pkwy, Gaylord, Michigan 49735

Alpine Alten Zimmer

120 Grandview Blvd, Gaylord, Michigan 49735

Alpine Haus

504 Random Ln, Gaylord, Michigan 49735

Sheldon Place Apartments

910 W Sheldon St, Gaylord, Michigan 49735

Northwind Apartment Homes

132 North Indiana Ave and 403 West MItchell, Gaylord, Michigan 49735

Aspen I Apartments

500 W North St, Gaylord, Michigan 49735

Park Meadow

1316 Park Meadow Dr, Gaylord, Michigan 49735

Little Village C/O Kmg Prestige

410 S Center St, Gaylord, Michigan

Mf - Dev Green Meadows

572 W North St, Gaylord, Michigan 49735

Green Meadows of Gaylord

802 Northmeadow Dr, Gaylord, Michigan 49735

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gaylord, Michigan
$19.02/hour
$8.69 (+84%) more than Michigan minimum wage and $11.77 (+162%) more than the Federal minimum wage.
Learn More About Gaylord, Michigan Affordable Housing ↓

What HUD offices serve Gaylord, 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 Gaylord, Michigan.

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

How many renters live in Gaylord, Michigan?

The City of Gaylord has 4,261 people living in 2,217 households.

There are 2,381 renters living in 1,547 renter households in this City. Renters make up 55.88 percent of the population living in Gaylord.

What is the rental market like in Gaylord, Michigan?

There are an estimated 2,381 housing units in the Gaylord area. Of these, 1,590 units are rental homes, making up 67 percent of the housing market. For every renter household in Gaylord, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Gaylord?

The rental vacancy rate in Gaylord is 3 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 Gaylord for each bedroom size?

Occupied Rental Units by Size in Gaylord
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
180 592 596 137 0
Occupied Rental Units by Size in Gaylord

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

Among renter households in this market, 49 percent have housing cost burden. Further, 15 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 Gaylord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,546. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $764
Two BR $1,004
Three BR $1,347
Four BR $1,546
2024 Fair Market Rents in Gaylord, Michigan

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

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 110 61 percent
One BR 368 62 percent
Two BR 350 59 percent
Rental Units Below FMR in Gaylord, Michigan

How many affordable rental units are in Gaylord?

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

Federal Program Unit Count
Low Income Housing Tax Credit 525
Section 8 Project-Based Rental Assistance 96
USDA Section 515 Rural Rental Housing 196
Tracked Units by Federal Program in Gaylord, Michigan

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

Income Based Apartments in Gaylord, Michigan

Gaylord features 246 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 Gaylord, Michigan

There are 218 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gaylord.

Housing Choice Vouchers in Gaylord, Michigan

On average, Section 8 Housing Choice vouchers pay Gaylord landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Gaylord.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaylord, Michigan for a two-bedroom apartment is between $904 and $1,104.

Sourced from federal housing data and AffordableHousingOnline.com research.