How many renters live in Calhoun County, Michigan?
The County of Calhoun County has people living in households.
There are renters living in renter households in this County. Renters make up 20.34 percent of the population living in Calhoun County.
What is the rental market like in Calhoun County, Michigan?
There are an estimated housing units in the Calhoun County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Calhoun County, Michigan, there are 1.13 rental units.
What is the vacancy rate for rentals in Calhoun County?
The rental vacancy rate in Calhoun County is 11 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 Calhoun County for each bedroom size?
Occupied Rental Units by Size in Calhoun County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
534 | 4,063 | 6,012 | 3,598 | 657 |
Occupied Rental Units by Size in Calhoun County
A large number of apartments in Calhoun 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 Calhoun County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $745 |
One BR | $854 |
Two BR | $1,038 |
Three BR | $1,291 |
Four BR | $1,488 |
2024 Fair Market Rents in Calhoun County, Michigan
How many units are rented at Fair Market Rent (FMR) in Calhoun 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 | 249 | 47 percent |
One BR | 2,768 | 68 percent |
Two BR | 3,625 | 60 percent |
Rental Units Below FMR in Calhoun County, Michigan
How many affordable rental units are in Calhoun County?
There are a variety of federal affordable housing programs serving households in Calhoun County, Michigan including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
Section 202 Supportive Housing for the Elderly | |
Section 811 Supportive Housing for Persons with Disabilities | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Calhoun County, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Calhoun County, Michigan
Calhoun County features 1,304 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 Calhoun County, Michigan
There are 1,439 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calhoun County.
Housing Choice Vouchers in Calhoun County, Michigan
On average, Section 8 Housing Choice vouchers pay Calhoun County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Calhoun County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Calhoun County, Michigan for a two-bedroom apartment is between $934 and $1,142.
Sourced from federal housing data and AffordableHousingOnline.com research.