What HUD offices serve Flat Rock, 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 Flat Rock.
How many renters live in Flat Rock, Michigan?
The City of Flat Rock has 10,448 people living in 3,788 households.
There are 2,426 renters living in 958 renter households in this City. Renters make up 23.22 percent of the population living in Flat Rock.
What is the rental market like in Flat Rock, Michigan?
There are an estimated 4,126 housing units in the Flat Rock area. Of these, 1,085 units are rental homes, making up 26 percent of the housing market. For every renter household in Flat Rock, Michigan, there are 1 rental units.
What is the vacancy rate for rentals in Flat Rock?
The rental vacancy rate in Flat Rock is 12 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 Flat Rock for each bedroom size?
Occupied Rental Units by Size in Flat Rock
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 36 | 178 | 498 | 199 | 34 |
Occupied Rental Units by Size in Flat Rock
A large number of apartments in Flat Rock 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 Flat Rock are overburdened by housing costs?
Among renter households in this market, 40 percent have housing cost burden. Further, 22 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 Flat Rock
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 Flat Rock, Michigan
How many units are rented at Fair Market Rent (FMR) in Flat Rock?
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 | 36 | 100 percent |
| One BR | 178 | 100 percent |
| Two BR | 377 | 76 percent |
Rental Units Below FMR in Flat Rock, Michigan
How many affordable rental units are in Flat Rock?
There are a variety of federal affordable housing programs serving households in Flat Rock, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 112 |
| Section 8 Project-Based Rental Assistance | 307 |
| Mod Rehab Project-Based Rental Assistance | 128 |
Tracked Units by Federal Program in Flat Rock, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Flat Rock, Michigan
Flat Rock features 88 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 Flat Rock, Michigan
There are 112 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Flat Rock.
Housing Choice Vouchers in Flat Rock, Michigan
On average, Section 8 Housing Choice vouchers pay Flat Rock landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Flat Rock.
The maximum amount a voucher would pay on behalf of a low-income tenant in Flat Rock, Michigan for a two-bedroom apartment is between $1,162 and $1,420.
Sourced from federal housing data and AffordableHousingOnline.com research.
