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

Discover affordable housing in Manton 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.

Hillcrest Terrace

419 W 7th St, Manton, Michigan 49663

Springfield Apartments

530 N Michigan Ave, Manton, Michigan 49663

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Manton, Michigan
$18.37/hour
$8.04 (+78%) more than Michigan minimum wage and $11.12 (+153%) more than the Federal minimum wage.
Learn More About Manton, Michigan Affordable Housing ↓

What HUD offices serve Manton, 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), Public Housing programs for Manton, Michigan.

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

How many renters live in Manton, Michigan?

The City of Manton has 1,322 people living in 530 households.

There are 358 renters living in 169 renter households in this City. Renters make up 27.08 percent of the population living in Manton.

What is the rental market like in Manton, Michigan?

There are an estimated 592 housing units in the Manton area. Of these, 172 units are rental homes, making up 29 percent of the housing market. For every renter household in Manton, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Manton?

The rental vacancy rate in Manton is 2 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 Manton for each bedroom size?

Occupied Rental Units by Size in Manton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 62 40 27 34
Occupied Rental Units by Size in Manton

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

Among renter households in this market, 54 percent have housing cost burden. Further, 20 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 Manton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,467. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $738
Two BR $970
Three BR $1,265
Four BR $1,467
2024 Fair Market Rents in Manton, Michigan

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

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 0 100 percent
One BR 36 58 percent
Two BR 27 68 percent
Rental Units Below FMR in Manton, Michigan

How many affordable rental units are in Manton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 47
Section 8 Project-Based Rental Assistance 33
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Manton, Michigan

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

Income Based Apartments in Manton, Michigan

Manton features 80 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 Manton, Michigan

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

Housing Choice Vouchers in Manton, Michigan

On average, Section 8 Housing Choice vouchers pay Manton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Manton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Manton, Michigan for a two-bedroom apartment is between $873 and $1,067.

Sourced from federal housing data and AffordableHousingOnline.com research.