What HUD offices serve East Lansing, 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near East Lansing.
How many renters live in East Lansing, Michigan?
The City of East Lansing has people living in households.
There are renters living in renter households in this City. Renters make up 37.12 percent of the population living in East Lansing.
What is the rental market like in East Lansing, Michigan?
There are an estimated housing units in the East Lansing area. Of these, units are rental homes, making up percent of the housing market. For every renter household in East Lansing, Michigan, there are 1.12 rental units.
What is the vacancy rate for rentals in East Lansing?
The rental vacancy rate in East Lansing is 8 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 East Lansing for each bedroom size?
Occupied Rental Units by Size in East Lansing
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 623 2,246 3,485 801 1,039 Occupied Rental Units by Size in East Lansing
A large number of apartments in East Lansing 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 East Lansing
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $847 to $1,454. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $847 One BR $887 Two BR $1,092 Three BR $1,423 Four BR $1,454 2024 Fair Market Rents in East Lansing, Michigan
How many units are rented at Fair Market Rent (FMR) in East Lansing?
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 188 30 percent One BR 866 39 percent Two BR 1,144 33 percent Rental Units Below FMR in East Lansing, Michigan
How many affordable rental units are in East Lansing?
There are a variety of federal affordable housing programs serving households in
East Lansing, Michigan including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Tracked Units by Federal Program in East Lansing, Michigan
Income Based Apartments in East Lansing, Michigan
East Lansing features 352 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 East Lansing, Michigan
There are 287 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in East Lansing.
Housing Choice Vouchers in East Lansing, Michigan
On average, Section 8 Housing Choice vouchers pay East Lansing landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in East Lansing.
The maximum amount a voucher would pay on behalf of a low-income tenant in East Lansing, Michigan for a two-bedroom apartment is between $983 and $1,201.
Sourced from federal housing data and AffordableHousingOnline.com research.