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

Discover affordable housing in Manistique where there are 5+ 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.

Manistique Lakeview

701 Park Ave, Manistique, Michigan 49854

Whispering Wind Apartments

600 Cherry Street, Manistique, Michigan 49854

Manistique Lakeview Apartments

701 Park Ave, Manistique, Michigan 49854

Germfask Manistique

900 Steuben St, Manistique, Michigan 49854

Harbor View Towers

400 E Lakeshore Dr, Manistique, Michigan 49854

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Manistique, 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 Manistique, Michigan Affordable Housing ↓

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

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

How many renters live in Manistique, Michigan?

The City of Manistique has 2,838 people living in 1,444 households.

There are 542 renters living in 440 renter households in this City. Renters make up 19.1 percent of the population living in Manistique.

What is the rental market like in Manistique, Michigan?

There are an estimated 1,616 housing units in the Manistique area. Of these, 481 units are rental homes, making up 30 percent of the housing market. For every renter household in Manistique, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Manistique?

The rental vacancy rate in Manistique is 9 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 Manistique for each bedroom size?

Occupied Rental Units by Size in Manistique
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 219 132 40 38
Occupied Rental Units by Size in Manistique

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

Among renter households in this market, 63 percent have housing cost burden. Further, 5 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 Manistique

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $715
Two BR $905
Three BR $1,214
Four BR $1,283
2024 Fair Market Rents in Manistique, Michigan

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

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 6 55 percent
One BR 206 94 percent
Two BR 117 89 percent
Rental Units Below FMR in Manistique, Michigan

How many affordable rental units are in Manistique?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Public Housing 108
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Manistique, Michigan

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

Income Based Apartments in Manistique, Michigan

Manistique features 196 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 Manistique, Michigan

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manistique.

Housing Choice Vouchers in Manistique, Michigan

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.