What HUD offices serve Escanaba, 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 Escanaba.
How many renters live in Escanaba, Michigan?
The City of Escanaba has people living in households.
There are renters living in renter households in this City. Renters make up 33.49 percent of the population living in Escanaba.
What is the rental market like in Escanaba, Michigan?
There are an estimated housing units in the Escanaba area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Escanaba, Michigan, there are 1.04 rental units.
What is the vacancy rate for rentals in Escanaba?
The rental vacancy rate in Escanaba is 3 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 Escanaba for each bedroom size?
Occupied Rental Units by Size in Escanaba
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
40 | 852 | 980 | 371 | 52 |
Occupied Rental Units by Size in Escanaba
A large number of apartments in Escanaba 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 Escanaba
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,534. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $684 |
One BR | $689 |
Two BR | $905 |
Three BR | $1,189 |
Four BR | $1,534 |
2024 Fair Market Rents in Escanaba, Michigan
How many units are rented at Fair Market Rent (FMR) in Escanaba?
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 | 40 | 100 percent |
One BR | 736 | 86 percent |
Two BR | 684 | 70 percent |
Rental Units Below FMR in Escanaba, Michigan
How many affordable rental units are in Escanaba?
There are a variety of federal affordable housing programs serving households in Escanaba, Michigan including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Escanaba, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Escanaba, Michigan
Escanaba features 523 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 Escanaba, Michigan
There are 114 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Escanaba.
Housing Choice Vouchers in Escanaba, Michigan
On average, Section 8 Housing Choice vouchers pay Escanaba landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Escanaba.
The maximum amount a voucher would pay on behalf of a low-income tenant in Escanaba, Michigan for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.