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Affordable Housing In Beaverton
Gladwin County, Michigan

4 Low Income Apartment Communities In Beaverton

Three Forks Apartments

3215 W Lang Rd
Beaverton, Michigan
Subsidized

Beaverton Manor

110 E Knox St
Beaverton, Michigan
Subsidized

Grand Fork Commons Kmg Prestige, Inc

2755 W Knox Rd
Beaverton, Michigan

Ross Lake Village

391 W Brown St
Beaverton, Michigan
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Housing Authorities that serve Beaverton

Housing Authority Programs
Michigan State Housing Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Beaverton, Michigan

There are 4 low income housing apartment communities offering 159 affordable apartments for rent in Beaverton, Michigan.

Income Based Apartments in Beaverton, Michigan

Beaverton features 88 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 Beaverton, Michigan

There are 71 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beaverton.

Housing Choice Vouchers in Beaverton, Michigan

On average, Section 8 Housing Choice vouchers pay Beaverton landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Beaverton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Beaverton, Michigan for a two-bedroom apartment is between $661 and $807.

2021 Beaverton, 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
Beaverton, Michigan Fair Market Rent $503 $570 $734 $923 $1,032
Beaverton, Michigan Payment Standard Range $453 to $553 $513 to $627 $661 to $807 $831 to $1,015 $929 to $1,135

Sourced from federal housing data and AffordableHousingOnline.com research.

Beaverton, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 159
Total Housing Units with Rental Assistance 88
Percentage of Housing Units Occupied By Renters 52.18%
Average Renter Household Size 1.82
Average Household Size 2.02
Median Household Income $26,538 ±$6,019
Median Rent $516 ±$35
Percentage Of Renters Overburdened 49.81% ± 14.28pp
Total Population 1,019

Population and Household Demographics

Beaverton is a city in Gladwin County, Michigan with a population of 1,019. There are 504 households in the city with an average household size of 2.02 persons. 52.18% of households in Beaverton are renters.

Income and Rent Overburden in Beaverton

The median gross income for households in Beaverton is $26,538 a year, or $2,212 a month. The median rent for the city is $516 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Beaverton, a household making less than $1,720 a month would be considered overburdened when renting an apartment at or above the median rent. 49.81% of households who rent are overburdened in Beaverton.

Area Median Income In Beaverton

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 Beaverton, the AMI is calculated from all households within Gladwin County.

In Beaverton, HUD calculates the Area Median Income for a family of four as $55,300

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 Beaverton

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 Beaverton

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Beaverton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,550 $17,420 $21,960 $26,500 $31,040 $35,580 $40,000 $42,600
50% AMI Income Limits
Renters earning up to 50% of the Beaverton AMI may qualify for rental assistance programs that target Very Low Income households.
$22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% AMI Income Limits
Renters earning up to 80% of the Beaverton AMI may qualify for rental assistance programs that target Low Income households.
$36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150