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

Discover affordable housing in Carleton where there are 2+ 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.

Carleton Co-op Senior Apartments

188 Center Street, Carleton, Michigan 48117

Carleton Apartments CO Gardner Mgmt

331 Kent St, Carleton, Michigan 48117

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carleton, Michigan
$22.03/hour
$11.70 (+113%) more than Michigan minimum wage and $14.78 (+204%) more than the Federal minimum wage.
Learn More About Carleton, Michigan Affordable Housing ↓

What HUD offices serve Carleton, 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, Moving to Work, Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD) programs for Carleton, 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 Carleton, Michigan.

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

How many renters live in Carleton, Michigan?

The City of Carleton has 2,655 people living in 995 households.

There are 712 renters living in 221 renter households in this City. Renters make up 26.82 percent of the population living in Carleton.

What is the rental market like in Carleton, Michigan?

There are an estimated 1,066 housing units in the Carleton area. Of these, 221 units are rental homes, making up 21 percent of the housing market. For every renter household in Carleton, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Carleton?

The rental vacancy rate in Carleton 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 Carleton for each bedroom size?

Occupied Rental Units by Size in Carleton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 42 51 128 0
Occupied Rental Units by Size in Carleton

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

Among renter households in this market, 26 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 Carleton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $788 to $1,885. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $788
One BR $885
Two BR $1,163
Three BR $1,452
Four BR $1,885
2024 Fair Market Rents in Carleton, Michigan

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

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 42 100 percent
Two BR 51 100 percent
Rental Units Below FMR in Carleton, Michigan

How many affordable rental units are in Carleton?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 44
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Carleton, Michigan

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

Income Based Apartments in Carleton, Michigan

Carleton features 71 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 Carleton, Michigan

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carleton.

Housing Choice Vouchers in Carleton, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carleton, Michigan for a two-bedroom apartment is between $1,047 and $1,279.

Sourced from federal housing data and AffordableHousingOnline.com research.