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

Discover affordable housing in Chelsea where there are 3+ 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.

Village Apartments Kmg Prestige, Inc

250 Wilkinson St, Chelsea, Michigan 48118

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Sharon Ann Apartments

533 North Main Street, Chelsea, Michigan 48118

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Pines, The

325 Wilkinson St, Chelsea, Michigan 48118

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Chelsea, Michigan

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chelsea, Michigan
$17.53 (+170%) more than Michigan minimum wage and $20.61 (+284%) more than the Federal minimum wage.
Learn More About Chelsea, Michigan Affordable Housing ↓

What HUD offices serve Chelsea, 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 Chelsea, Michigan.
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 Chelsea, Michigan.

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

How many renters live in Chelsea, Michigan?

The City of Chelsea has people living in households.

There are renters living in renter households in this City. Renters make up 26.67 percent of the population living in Chelsea.

What is the rental market like in Chelsea, Michigan?

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

What is the vacancy rate for rentals in Chelsea?

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

Occupied Rental Units by Size in Chelsea
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 239 410 276 8
Occupied Rental Units by Size in Chelsea

A large number of apartments in Chelsea 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 Chelsea

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,222 to $2,001. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,222
One BR $1,234
Two BR $1,471
Three BR $1,779
Four BR $2,001
2024 Fair Market Rents in Chelsea, Michigan

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

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 7 44 percent
One BR 115 48 percent
Two BR 153 37 percent
Rental Units Below FMR in Chelsea, Michigan

How many affordable rental units are in Chelsea?

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

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

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

Income Based Apartments in Chelsea, Michigan

Chelsea features 50 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 Chelsea, Michigan

There are 98 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chelsea.

Housing Choice Vouchers in Chelsea, Michigan

On average, Section 8 Housing Choice vouchers pay Chelsea landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Chelsea.

The maximum amount a voucher would pay on behalf of a low-income tenant in Chelsea, Michigan for a two-bedroom apartment is between $1,324 and $1,618.

Sourced from federal housing data and AffordableHousingOnline.com research.