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

Discover affordable housing in Monroe where there are 12+ 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.

Samaritas Affordable Living of Monroe

1600 A Park Ct, Monroe, Michigan 48162

Woodcraft Square

800 W Seventh Street, Monroe, Michigan 48161

Frenchtown Place

1201 N Macomb Street, Monroe, Michigan 48162

Mable H Kehres Apartments

15275 South Dixie Highway, Monroe, Michigan 48161

Charring Square

6123 Greenwycke Ln, Monroe, Michigan 48161

Norman Towers

810 W. Elm Ave, Monroe, Michigan 48162

Creekside Village

1236 S Monroe St, Monroe, Michigan 48161

Greenwood Townhouses

717 Roeder St, Monroe, Michigan 48162

River Park Greenwood

20 N Roessler St, Monroe, Michigan 48162

Landings, The

1101 Cedar Creek Dr, Monroe, Michigan 48162

Elm House

852 W Elm Ave, Monroe, Michigan 48162

Park West Club Apartments

1733 Renard Dr, Monroe, Michigan 48162

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Monroe, Michigan
$22.03/hour
$11.70 (+113%) more than Michigan minimum wage and $14.78 (+204%) more than the Federal minimum wage.
Learn More About Monroe, Michigan Affordable Housing ↓

What HUD offices serve Monroe, 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 Public Housing programs for Monroe, Michigan.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Moving to Work, Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD) programs for Monroe, Michigan.
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 Monroe, Michigan.

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

How many renters live in Monroe, Michigan?

The City of Monroe has 20,400 people living in 8,532 households.

There are 5,463 renters living in 2,749 renter households in this City. Renters make up 26.78 percent of the population living in Monroe.

What is the rental market like in Monroe, Michigan?

There are an estimated 9,011 housing units in the Monroe area. Of these, 2,821 units are rental homes, making up 31 percent of the housing market. For every renter household in Monroe, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Monroe?

The rental vacancy rate in Monroe 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 Monroe for each bedroom size?

Occupied Rental Units by Size in Monroe
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
143 751 1,060 651 88
Occupied Rental Units by Size in Monroe

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

Among renter households in this market, 49 percent have housing cost burden. Further, 27 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 Monroe

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $788 to $1,885. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $788
One BR $885
Two BR $1,163
Three BR $1,452
Four BR $1,885
2024 Fair Market Rents in Monroe, Michigan

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

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 28 20 percent
One BR 522 70 percent
Two BR 691 65 percent
Rental Units Below FMR in Monroe, Michigan

How many affordable rental units are in Monroe?

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

Federal Program Unit Count
Low Income Housing Tax Credit 294
Public Housing 262
Section 8 Project-Based Rental Assistance 281
Tracked Units by Federal Program in Monroe, Michigan

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

Income Based Apartments in Monroe, Michigan

Monroe features 746 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 Monroe, Michigan

There are 726 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Monroe.

Housing Choice Vouchers in Monroe, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Monroe, Michigan for a two-bedroom apartment is between $1,047 and $1,279.

Sourced from federal housing data and AffordableHousingOnline.com research.