Affordable Housing In East Lansing
7 Low Income Apartment Communities In East Lansing
Housing Authorities that serve East Lansing
|Michigan State Housing Development Authority||Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)|
|Housing Services Mid Michigan||Section 8 Housing Choice Voucher (HCV); Mainstream Voucher|
|Lansing Housing Commission||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in East Lansing, Michigan
There are 7 low income housing apartment communities offering 594 affordable apartments for rent in East Lansing, Michigan.
Income Based Apartments in East Lansing, Michigan
East Lansing features 361 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 233 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 $804 and $982.
2020 East Lansing, Michigan Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$682||$722||$893||$1,168||$1,280|
|Payment Standard Range||$614 to $750||$650 to $794||$804 to $982||$1,051 to $1,285||$1,152 to $1,408|
Sourced from federal housing data and AffordableHousingOnline.com research.
East Lansing, MI Affordable Housing Snapshot
|Total Affordable Apartment Properties||7|
|Total Low Income Apartments||594|
|Total Housing Units with Rental Assistance||361|
|Percentage of Housing Units Occupied By Renters||65.62%|
|Average Renter Household Size||2.34|
|Average Household Size||2.35|
|Median Household Income||$32,981 ±$2,433|
|Median Rent||$863 ±$23|
|Percentage Of Renters Overburdened||66.16% ± 3.91pp|
Population and Household Demographics
East Lansing is a city in Clinton County, Michigan with a population of 48,669. There are 13,927 households in the city with an average household size of 2.35 persons. 65.62% of households in East Lansing are renters.
Income and Rent Overburden in East Lansing
The median gross income for households in East Lansing is $32,981 a year, or $2,748 a month. The median rent for the city is $863 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In East Lansing, a household making less than $2,877 a month would be considered overburdened when renting an apartment at or above the median rent. 66.16% of households who rent are overburdened in East Lansing.
Area Median Income In East Lansing
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For East Lansing, the AMI is calculated from all households within Clinton County.
In East Lansing, HUD calculates the Area Median Income for a family of four as $80,700
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in East Lansing
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in East Lansing
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,850||$19,250||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$28,100||$32,100||$36,100||$40,100||$43,350||$46,550||$49,750||$52,950|
|80% of Median||$44,950||$51,350||$57,750||$64,150||$69,300||$74,450||$79,550||$84,700|