Affordable Housing In Ann Arbor
23 Low Income Apartment Communities In Ann Arbor
Housing Authorities that serve Ann Arbor
|Ann Arbor Housing Commission||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)|
|Plymouth Housing Commission||Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Rental Assistance Demonstration (RAD); Family Unification Program (FUP)|
Guide To Affordable Housing in Ann Arbor, Michigan
There are 23 low income housing apartment communities offering 2,332 affordable apartments for rent in Ann Arbor, Michigan.
Income Based Apartments in Ann Arbor, Michigan
Ann Arbor features 1,452 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 Ann Arbor, Michigan
There are 880 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ann Arbor.
Housing Choice Vouchers in Ann Arbor, Michigan
On average, Section 8 Housing Choice vouchers pay Ann Arbor landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Ann Arbor.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ann Arbor, Michigan for a two-bedroom apartment is between $1,012 and $1,236.
2020 Ann Arbor, Michigan Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$900||$921||$1,124||$1,445||$1,767|
|Payment Standard Range||$810 to $990||$829 to $1,013||$1,012 to $1,236||$1,301 to $1,590||$1,590 to $1,944|
Sourced from federal housing data and AffordableHousingOnline.com research.
Ann Arbor, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||23|
|Total Low Income Apartments||2,332|
|Total Housing Units with Rental Assistance||1,452|
|Percentage of Housing Units Occupied By Renters||55.23%|
|Average Renter Household Size||2.16|
|Average Household Size||2.23|
|Median Household Income||$55,990 ±$1,259|
|Median Rent||$1,063 ±$19|
|Percentage Of Renters Overburdened||51.33% ± 2.37pp|
Population and Household Demographics
Ann Arbor is a city in Washtenaw County, Michigan with a population of 116,194. There are 47,179 households in the city with an average household size of 2.23 persons. 55.23% of households in Ann Arbor are renters.
Income and Rent Overburden in Ann Arbor
The median gross income for households in Ann Arbor is $55,990 a year, or $4,666 a month. The median rent for the city is $1,063 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ann Arbor, a household making less than $3,543 a month would be considered overburdened when renting an apartment at or above the median rent. 51.33% of households who rent are overburdened in Ann Arbor.
Area Median Income In Ann Arbor
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ann Arbor, the AMI is calculated from all households within Washtenaw County.
In Ann Arbor, HUD calculates the Area Median Income for a family of four as $101,200
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Ann Arbor
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Ann Arbor
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,250||$24,300||$27,350||$30,350||$32,800||$35,250||$39,010||$43,430|
|50% of Median||$35,450||$40,500||$45,550||$50,600||$54,650||$58,700||$62,750||$66,800|
|80% of Median||$52,850||$60,400||$67,950||$75,500||$81,550||$87,600||$93,650||$99,700|