What HUD offices serve Spring Arbor, 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Spring Arbor.
How many renters live in Spring Arbor, Michigan?
The City of Spring Arbor has 2,410 people living in 479 households.
There are 346 renters living in 177 renter households in this City. Renters make up 14.36 percent of the population living in Spring Arbor.
What is the rental market like in Spring Arbor, Michigan?
There are an estimated 626 housing units in the Spring Arbor area. Of these, 222 units are rental homes, making up 35 percent of the housing market. For every renter household in Spring Arbor, Michigan, there are 1 rental units.
What is the vacancy rate for rentals in Spring Arbor?
The rental vacancy rate in Spring Arbor is 15 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 Spring Arbor for each bedroom size?
Occupied Rental Units by Size in Spring Arbor
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 115 | 34 | 28 | 0 |
Occupied Rental Units by Size in Spring Arbor
A large number of apartments in Spring Arbor 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 Spring Arbor are overburdened by housing costs?
Among renter households in this market, 29 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 Spring Arbor
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $744 to $1,619. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $744 |
| One BR | $884 |
| Two BR | $1,074 |
| Three BR | $1,413 |
| Four BR | $1,619 |
2024 Fair Market Rents in Spring Arbor, Michigan
How many units are rented at Fair Market Rent (FMR) in Spring Arbor?
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 |
| One BR | 77 | 67 percent |
| Two BR | 17 | 50 percent |
Rental Units Below FMR in Spring Arbor, Michigan
How many affordable rental units are in Spring Arbor?
There are a variety of federal affordable housing programs serving households in Spring Arbor, Michigan including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 96 |
Tracked Units by Federal Program in Spring Arbor, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Spring Arbor, Michigan
Spring Arbor features 96 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 Spring Arbor, Michigan
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Spring Arbor.
Housing Choice Vouchers in Spring Arbor, Michigan
On average, Section 8 Housing Choice vouchers pay Spring Arbor landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Spring Arbor.
The maximum amount a voucher would pay on behalf of a low-income tenant in Spring Arbor, Michigan for a two-bedroom apartment is between $967 and $1,181.
Sourced from federal housing data and AffordableHousingOnline.com research.
