Low Income Apartments and Affordable Housing For Rent in Benzie County, MI

Discover affordable housing in Benzie County where there are 6+ 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.

Diamond House Apartments

7725 First Street, Thompsonville, Michigan 49683

Brooke Town Houses

6540 North Street, Benzonia, Michigan 49616

Patterson Crossing Apartments.

114 Anchor Pl, Frankfort, Michigan 49635

Porter

n/a, Lake, Michigan 48933

Gateway Village

218 Day St, Frankfort, Michigan 49635

Brook Apts

6500 North Street, Benzonia, Michigan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Benzie County, Michigan
$21.40/hour
$11.07 (+107%) more than Michigan minimum wage and $14.15 (+195%) more than the Federal minimum wage.
Learn More About Benzie County, Michigan Affordable Housing ↓

What HUD offices serve Benzie 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.

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 Benzie County, Michigan.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Benzie County, Michigan.

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

How many renters live in Benzie County, Michigan?

The County of Benzie County has 18,058 people living in 7,173 households.

There are 2,038 renters living in 856 renter households in this County. Renters make up 11.29 percent of the population living in Benzie County.

What is the rental market like in Benzie County, Michigan?

There are an estimated 12,173 housing units in the Benzie County area. Of these, 980 units are rental homes, making up 8 percent of the housing market. For every renter household in Benzie County, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Benzie County?

The rental vacancy rate in Benzie County is 10 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 Benzie County for each bedroom size?

Occupied Rental Units by Size in Benzie County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 179 280 292 45
Occupied Rental Units by Size in Benzie County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 20 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 Benzie County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $790 to $1,555. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $790
One BR $860
Two BR $1,130
Three BR $1,366
Four BR $1,555
2024 Fair Market Rents in Benzie County, Michigan

How many units are rented at Fair Market Rent (FMR) in Benzie 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 4 13 percent
One BR 90 50 percent
Two BR 166 59 percent
Rental Units Below FMR in Benzie County, Michigan

How many affordable rental units are in Benzie County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 92
Section 8 Project-Based Rental Assistance 37
USDA Section 515 Rural Rental Housing 86
Tracked Units by Federal Program in Benzie County, Michigan

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

Income Based Apartments in Benzie County, Michigan

Benzie County features 86 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 Benzie County, Michigan

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Benzie County.

Housing Choice Vouchers in Benzie County, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Benzie County, Michigan for a two-bedroom apartment is between $1,017 and $1,243.

Sourced from federal housing data and AffordableHousingOnline.com research.