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

Discover affordable housing in Ionia 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.

Wooded View Apartments

630 Johnson Rd, Ionia, Michigan 48846

Crosswind Apartments Mgmt Resource Dev

833 Prospect St, Ionia, Michigan 48846

Valley View III

751 Valley View Drive, Ionia, Michigan 48846

Oak Hills Apartments

647 Crawford St, Ionia, Michigan 48846

Belleview Place II

127 Belleview Dr, Ionia, Michigan 48846

Valley View I and II

741 Valley View Dr, Ionia, Michigan 48846

Valley View Apartments

741 Valley View Dr, Ionia, Michigan 48846

Pine Vista Robertston Court Scattered - Site

667 Union St, Ionia, Michigan 48846

Mf - Dev 1043 Belleview Place

121 Belleview Dr, Ionia, Michigan 48846

122 N Dexter

122 N Dexter St, Ionia, Michigan 48846

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ionia, Michigan
$20.98/hour
$10.65 (+103%) more than Michigan minimum wage and $13.73 (+189%) more than the Federal minimum wage.
Learn More About Ionia, Michigan Affordable Housing ↓

What HUD offices serve Ionia, 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 Ionia, Michigan.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Ionia, Michigan.

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

How many renters live in Ionia, Michigan?

The City of Ionia has 13,081 people living in 3,669 households.

There are 3,120 renters living in 1,562 renter households in this City. Renters make up 23.85 percent of the population living in Ionia.

What is the rental market like in Ionia, Michigan?

There are an estimated 3,896 housing units in the Ionia area. Of these, 1,571 units are rental homes, making up 40 percent of the housing market. For every renter household in Ionia, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Ionia?

The rental vacancy rate in Ionia is 1 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 Ionia for each bedroom size?

Occupied Rental Units by Size in Ionia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
121 494 640 250 57
Occupied Rental Units by Size in Ionia

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

Among renter households in this market, 45 percent have housing cost burden. Further, 25 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 Ionia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $795 to $1,683. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $795
One BR $843
Two BR $1,108
Three BR $1,369
Four BR $1,683
2024 Fair Market Rents in Ionia, Michigan

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

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 121 100 percent
One BR 305 62 percent
Two BR 509 80 percent
Rental Units Below FMR in Ionia, Michigan

How many affordable rental units are in Ionia?

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

Federal Program Unit Count
Low Income Housing Tax Credit 112
Public Housing 70
USDA Section 515 Rural Rental Housing 112
Tracked Units by Federal Program in Ionia, Michigan

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

Income Based Apartments in Ionia, Michigan

Ionia features 222 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 Ionia, Michigan

There are 194 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ionia.

Housing Choice Vouchers in Ionia, Michigan

On average, Section 8 Housing Choice vouchers pay Ionia landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Ionia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ionia, Michigan for a two-bedroom apartment is between $997 and $1,219.

Sourced from federal housing data and AffordableHousingOnline.com research.