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

Discover affordable housing in Williamston 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.

Park Terrace I Apartments CO Kmg Prestige

300 Lloyd St, Williamston, Michigan 48895

Park Terrace Apartments

344 Wallace St, Williamston, Michigan 48895

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Williamston, Michigan
$20.68/hour
$10.35 (+100%) more than Michigan minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Williamston, Michigan Affordable Housing ↓

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

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

How many renters live in Williamston, Michigan?

The City of Williamston has 3,810 people living in 1,753 households.

There are 875 renters living in 547 renter households in this City. Renters make up 22.97 percent of the population living in Williamston.

What is the rental market like in Williamston, Michigan?

There are an estimated 1,862 housing units in the Williamston area. Of these, 579 units are rental homes, making up 31 percent of the housing market. For every renter household in Williamston, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Williamston?

The rental vacancy rate in Williamston is 6 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 Williamston for each bedroom size?

Occupied Rental Units by Size in Williamston
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
12 235 201 67 32
Occupied Rental Units by Size in Williamston

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

Among renter households in this market, 63 percent have housing cost burden. Further, 44 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 Williamston

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $847 to $1,454. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $847
One BR $887
Two BR $1,092
Three BR $1,423
Four BR $1,454
2024 Fair Market Rents in Williamston, Michigan

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

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 12 100 percent
One BR 74 31 percent
Two BR 102 51 percent
Rental Units Below FMR in Williamston, Michigan

How many affordable rental units are in Williamston?

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

Federal Program Unit Count
Low Income Housing Tax Credit 95
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Williamston, Michigan

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

Income Based Apartments in Williamston, Michigan

Williamston features 48 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 Williamston, Michigan

There are 47 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Williamston.

Housing Choice Vouchers in Williamston, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Williamston, Michigan for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.