What HUD offices serve Grand Blanc, 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 Grand Blanc.
How many renters live in Grand Blanc, Michigan?
The City of Grand Blanc has people living in households.
There are renters living in renter households in this City. Renters make up 33.15 percent of the population living in Grand Blanc.
What is the rental market like in Grand Blanc, Michigan?
There are an estimated housing units in the Grand Blanc area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grand Blanc, Michigan, there are 1.01 rental units.
What is the vacancy rate for rentals in Grand Blanc?
The rental vacancy rate in Grand Blanc is 1 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 Grand Blanc for each bedroom size?
Occupied Rental Units by Size in Grand Blanc
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
6 | 1,008 | 344 | 132 | 86 |
Occupied Rental Units by Size in Grand Blanc
A large number of apartments in Grand Blanc 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 Grand Blanc
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $740 to $1,444. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $740 |
One BR | $854 |
Two BR | $1,061 |
Three BR | $1,317 |
Four BR | $1,444 |
2024 Fair Market Rents in Grand Blanc, Michigan
How many units are rented at Fair Market Rent (FMR) in Grand Blanc?
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 | 0 | 100 percent |
One BR | 537 | 53 percent |
Two BR | 238 | 69 percent |
Rental Units Below FMR in Grand Blanc, Michigan
How many affordable rental units are in Grand Blanc?
There are a variety of federal affordable housing programs serving households in Grand Blanc, Michigan including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit |
Tracked Units by Federal Program in Grand Blanc, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Grand Blanc, Michigan
Grand Blanc features 0 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 Grand Blanc, Michigan
There are 311 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Blanc.
Housing Choice Vouchers in Grand Blanc, Michigan
On average, Section 8 Housing Choice vouchers pay Grand Blanc landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Grand Blanc.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Blanc, Michigan for a two-bedroom apartment is between $955 and $1,167.
Sourced from federal housing data and AffordableHousingOnline.com research.