; Low Income Apartments For Rent in Grand Ledge, MI

Apply to Grand Ledge Apartment Waiting Lists

Serenity Place

216 S Clinton St
Grand Ledge, Michigan

Riverwalk Apartments

101 Perry St
Grand Ledge, Michigan
Rent Assisted
Showing Results 1-15
  • «
  • 1
  • »

There are 50 low-income apartments in Grand Ledge that offer reduced rents to eligible households.

Rental assistance programs support 100 low-income homes in Grand Ledge where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $339 towards rent each month.

Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Grand Ledge, 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.

Housing Authority Programs
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
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Grand Ledge.

Grand Ledge, Michigan Affordable Housing Data

Income Based Apartments in Grand Ledge, Michigan

Grand Ledge features 100 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 Ledge, Michigan

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Ledge.

Housing Choice Vouchers in Grand Ledge, Michigan

On average, Section 8 Housing Choice vouchers pay Grand Ledge landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Grand Ledge.

The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Ledge, Michigan for a two-bedroom apartment is between $957 and $1,169.

2023 Grand Ledge, 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
Grand Ledge, Michigan Fair Market Rent $837 $868 $1,063 $1,374 $1,428
Grand Ledge, Michigan Payment Standard Range $753 to $921 $781 to $955 $957 to $1,169 $1,237 to $1,511 $1,285 to $1,571

Sourced from federal housing data and AffordableHousingOnline.com research.

Grand Ledge, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 150
Total Housing Units with Rental Assistance 100
Percentage of Housing Units Occupied By Renters 39.05%
Average Renter Household Size 1.92
Average Household Size 2.24
Median Household Income $50,685 ±$3,630
Median Rent $705 ±$31
Percentage Of Renters Overburdened 47.94% ± 10.14pp
Total Population 7,792

Population and Household Demographics

Grand Ledge is a city in Clinton County, Michigan with a population of 7,792. There are 3,478 households in the city with an average household size of 2.24 persons. 39.05% of households in Grand Ledge are renters.

Income and Rent Overburden in Grand Ledge

The median gross income for households in Grand Ledge is $50,685 a year, or $4,224 a month. The median rent for the city is $705 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grand Ledge, a household making less than $2,350 a month would be considered overburdened when renting an apartment at or above the median rent. 47.94% of households who rent are overburdened in Grand Ledge.

Area Median Income In Grand Ledge

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 Grand Ledge, the AMI is calculated from all households within Clinton County.

In Grand Ledge, HUD calculates the Area Median Income for a family of four as $97,800

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 Grand Ledge

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 Grand Ledge

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Grand Ledge AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,700 $22,500 $25,300 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Grand Ledge AMI may qualify for rental assistance programs that target Very Low Income households.
$32,800 $37,500 $42,200 $46,850 $50,600 $54,350 $58,100 $61,850
80% AMI Income Limits
Renters earning up to 80% of the Grand Ledge AMI may qualify for rental assistance programs that target Low Income households.
$52,500 $60,000 $67,500 $74,950 $80,950 $86,950 $92,950 $98,950