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

Discover affordable housing in Capac where there are 4+ 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.

Matteson Street Senior Apartments

130 S Matteson St, Capac, Michigan 48014

Matteson St Apartments American Preferred

130 Matteson St, Capac, Michigan 48014

Glen Crest Apartments

15130 W Park St, Capac, Michigan 48014

Glen Crest II Apartments

15122 W Park St, Capac, Michigan 48014

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Capac, Michigan
$24.45/hour
$14.12 (+137%) more than Michigan minimum wage and $17.20 (+237%) more than the Federal minimum wage.
Learn More About Capac, Michigan Affordable Housing ↓

What HUD offices serve Capac, 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, Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Family Unification Program (FUP) programs for Capac, Michigan.
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 Capac, Michigan.

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

How many renters live in Capac, Michigan?

The City of Capac has 1,920 people living in 778 households.

There are 528 renters living in 278 renter households in this City. Renters make up 27.5 percent of the population living in Capac.

What is the rental market like in Capac, Michigan?

There are an estimated 781 housing units in the Capac area. Of these, 278 units are rental homes, making up 36 percent of the housing market. For every renter household in Capac, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Capac?

The rental vacancy rate in Capac is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Capac for each bedroom size?

Occupied Rental Units by Size in Capac
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 113 85 53 27
Occupied Rental Units by Size in Capac

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

Among renter households in this market, 44 percent have housing cost burden. Further, 16 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 Capac

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $920 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $920
One BR $1,019
Two BR $1,291
Three BR $1,595
Four BR $1,719
2024 Fair Market Rents in Capac, Michigan

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

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
One BR 113 100 percent
Two BR 76 89 percent
Rental Units Below FMR in Capac, Michigan

How many affordable rental units are in Capac?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Capac, Michigan

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

Income Based Apartments in Capac, Michigan

Capac features 24 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 Capac, Michigan

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Capac.

Housing Choice Vouchers in Capac, Michigan

On average, Section 8 Housing Choice vouchers pay Capac landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Capac.

The maximum amount a voucher would pay on behalf of a low-income tenant in Capac, Michigan for a two-bedroom apartment is between $1,162 and $1,420.

Sourced from federal housing data and AffordableHousingOnline.com research.