Low Income Apartments and Affordable Housing For Rent in Cadillac, MI

Discover affordable housing in Cadillac where there are 7+ 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.

Maple Hill Apartments

209 Pearl St, Cadillac, Michigan 49601

Harbor View Apartments

329 Simmons St, Cadillac, Michigan 49601

Cadillac Shores

623 Cadillac Shores Dr, Cadillac, Michigan 49601

Mayberry Apartments

1049 Arthur St, Cadillac, Michigan 49601

Northern Park Apartments 39555 Orchard Hill

301 Pearl St, Cadillac, Michigan 49601

Sunnyside Estates

101 Estate Dr, Cadillac, Michigan 49601

Kirtland Terrace

111 S Simon St, Cadillac, Michigan 49601

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cadillac, Michigan
$18.37/hour
$8.04 (+78%) more than Michigan minimum wage and $11.12 (+153%) more than the Federal minimum wage.
Learn More About Cadillac, Michigan Affordable Housing ↓

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

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

How many renters live in Cadillac, Michigan?

The City of Cadillac has 10,400 people living in 4,391 households.

There are 2,793 renters living in 1,494 renter households in this City. Renters make up 26.86 percent of the population living in Cadillac.

What is the rental market like in Cadillac, Michigan?

There are an estimated 5,046 housing units in the Cadillac area. Of these, 1,756 units are rental homes, making up 35 percent of the housing market. For every renter household in Cadillac, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Cadillac?

The rental vacancy rate in Cadillac is 15 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 Cadillac for each bedroom size?

Occupied Rental Units by Size in Cadillac
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
90 575 459 275 87
Occupied Rental Units by Size in Cadillac

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

Among renter households in this market, 47 percent have housing cost burden. Further, 27 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 Cadillac

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $678 to $1,467. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $678
One BR $738
Two BR $970
Three BR $1,265
Four BR $1,467
2024 Fair Market Rents in Cadillac, Michigan

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

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 36 40 percent
One BR 461 80 percent
Two BR 323 70 percent
Rental Units Below FMR in Cadillac, Michigan

How many affordable rental units are in Cadillac?

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

Federal Program Unit Count
Low Income Housing Tax Credit 351
Public Housing 120
Section 8 Project-Based Rental Assistance 256
USDA Section 515 Rural Rental Housing 64
Tracked Units by Federal Program in Cadillac, Michigan

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

Income Based Apartments in Cadillac, Michigan

Cadillac features 470 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 Cadillac, Michigan

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cadillac.

Housing Choice Vouchers in Cadillac, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cadillac, Michigan for a two-bedroom apartment is between $873 and $1,067.

Sourced from federal housing data and AffordableHousingOnline.com research.