Low Income Apartments and Affordable Housing For Rent in Big Rapids, MI

Discover affordable housing in Big Rapids where there are 12+ 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.

Nisbett - Fairman Residences

100 S Michigan Ave, Big Rapids, Michigan 49307

Village Green Apartments

1304 Catherine Street, Big Rapids, Michigan 49307

Watertower Place Big Rapids

715 Water Tower Rd, Big Rapids, Michigan 49307

Apple Ridge Apartments

1129 Fuller Ave, Big Rapids, Michigan 49307

Country Place Family and Senior Citizens Apartments

815 Country Way, Big Rapids, Michigan 49307

Meadow Park Apartments

1835 Milton, Big Rapids, Michigan 49307

Ryan Creek II Apartments

18890 16 Mile Rd, Big Rapids, Michigan 49307

Ryan Creek Apartments

18966 16 Mile Rd, Big Rapids, Michigan 49307

Country Place Senior Apartments

830 Country Way, Big Rapids, Michigan 49307

Parkview Village

609 Adams St, Big Rapids, Michigan 49307

Evergreen Village

1 Parkview Vlg, Big Rapids, Michigan 49307

Country Place - Open Family

825 Country Way, Big Rapids, Michigan 49307

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Big Rapids, Michigan
$17.78/hour
$7.45 (+72%) more than Michigan minimum wage and $10.53 (+145%) more than the Federal minimum wage.
Learn More About Big Rapids, Michigan Affordable Housing ↓

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

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

How many renters live in Big Rapids, Michigan?

The City of Big Rapids has 7,915 people living in 2,628 households.

There are 3,195 renters living in 1,559 renter households in this City. Renters make up 40.37 percent of the population living in Big Rapids.

What is the rental market like in Big Rapids, Michigan?

There are an estimated 3,262 housing units in the Big Rapids area. Of these, 2,020 units are rental homes, making up 62 percent of the housing market. For every renter household in Big Rapids, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Big Rapids?

The rental vacancy rate in Big Rapids is 14 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 Big Rapids for each bedroom size?

Occupied Rental Units by Size in Big Rapids
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
168 390 486 290 180
Occupied Rental Units by Size in Big Rapids

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

Among renter households in this market, 46 percent have housing cost burden. Further, 29 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 Big Rapids

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $656 to $1,331. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $656
One BR $799
Two BR $939
Three BR $1,199
Four BR $1,331
2024 Fair Market Rents in Big Rapids, Michigan

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

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 98 58 percent
One BR 291 75 percent
Two BR 295 61 percent
Rental Units Below FMR in Big Rapids, Michigan

How many affordable rental units are in Big Rapids?

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

Federal Program Unit Count
Low Income Housing Tax Credit 175
Public Housing 287
Section 8 Project-Based Rental Assistance 48
Section 811 Supportive Housing for Persons with Disabilities 18
USDA Section 515 Rural Rental Housing 92
Tracked Units by Federal Program in Big Rapids, Michigan

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

Income Based Apartments in Big Rapids, Michigan

Big Rapids features 494 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 Big Rapids, Michigan

There are 232 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Big Rapids.

Housing Choice Vouchers in Big Rapids, Michigan

On average, Section 8 Housing Choice vouchers pay Big Rapids landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Big Rapids.

The maximum amount a voucher would pay on behalf of a low-income tenant in Big Rapids, Michigan for a two-bedroom apartment is between $845 and $1,033.

Sourced from federal housing data and AffordableHousingOnline.com research.