What HUD offices serve Bay County, 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 Bay County.
How many renters live in Bay County, Michigan?
The County of Bay County has people living in households.
There are renters living in renter households in this County. Renters make up 21.7 percent of the population living in Bay County.
What is the rental market like in Bay County, Michigan?
There are an estimated housing units in the Bay County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bay County, Michigan, there are 1.05 rental units.
What is the vacancy rate for rentals in Bay County?
The rental vacancy rate in Bay County is 4 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 Bay County for each bedroom size?
Occupied Rental Units by Size in Bay County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 127 3,127 4,923 2,003 899 Occupied Rental Units by Size in Bay County
A large number of apartments in Bay County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Bay County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $809 to $1,518. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2026 Fair Market Rents Studio $809 One BR $814 Two BR $1,030 Three BR $1,399 Four BR $1,518 2026 Fair Market Rents in Bay County, Michigan
How many units are rented at Fair Market Rent (FMR) in Bay County?
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 76 60 percent One BR 2,013 64 percent Two BR 2,966 60 percent Rental Units Below FMR in Bay County, Michigan
How many affordable rental units are in Bay County?
There are a variety of federal affordable housing programs serving households in
Bay County, Michigan including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 236 Rental Assistance Section 202 Supportive Housing for the Elderly USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Bay County, Michigan
Income Based Apartments in Bay County, Michigan
Bay County features 1,300 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 Bay County, Michigan
There are 498 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bay County.
Housing Choice Vouchers in Bay County, Michigan
On average, Section 8 Housing Choice vouchers pay Bay County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bay County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bay County, Michigan for a two-bedroom apartment is between $843 and $1,031.
Sourced from federal housing data and AffordableHousingOnline.com research.