Affordable Housing In Grand Rapids
Kent County, Michigan


Waiting List Openings In Grand Rapids

Waiting ListStatus
Grand Rapids Housing Commission Housing Choice Voucher Open Soon
Michigan State Housing Development Authority Housing Choice Voucher Open Now

79 Low Income Apartment Communities In Grand Rapids

Diamond Place

1003 Michigan Street NE
Grand Rapids, MI
$999-1,600
1-2 BR
HCV Welcome

Allen Manor Senior Housing

532 James Ave SE
Grand Rapids, MI
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Plymouth Arms

1836 Mason St
Grand Rapids, MI
Call For Rent
1 BR
62+
Subsidized

Southview Apartments

1033 College Avenue
Grand Rapids, MI
$600-750
1 BR
HCV Welcome

Cambridge Square of Grand Rapids

1836 Mason St NE
Grand Rapids, MI
Call For Rent
1-3 BR
Subsidized

Grandview Apartments

1925 Bridge St NW
Grand Rapids, MI
Call For Rent
1-2 BR
62+
Accessible
Subsidized

St. James Apartments

101 Sheldon Blvd. SE, Suite 2
Grand Rapids, MI
Call For Rent
1-2 BR
HCV Welcome

LaGrave At Tapestry Square

435 LaGrave Ave SE
Grand Rapids, MI
HCV Welcome

Camelot Woods II

3857 Camelot Dr SE
Grand Rapids, MI
Subsidized

Breton Village Green

2305 Burton St SE
Grand Rapids, MI
Subsidized

Housing Authorities that serve Grand Rapids

Housing Authority Programs
Kent County Community Action Section 8 Housing Choice Voucher (HCV)
Grand Rapids Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD)
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)
Wyoming Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Grand Rapids, Michigan

There are 79 low income housing apartment communities offering 5,000 affordable apartments for rent in Grand Rapids, Michigan. Grand Rapids features 2,261 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,739 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Grand Rapids.

Sourced from federal housing data and AffordableHousingOnline.com research.

Grand Rapids, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 79
Total Low Income Apartments 5,000
Total Housing Units with Rental Assistance 2,261
Percentage of Housing Units Occupied By Renters 45.72%
Average Renter Household Size 2.49
Average Household Size 2.54
Median Household Income $40,355 ±$774
Median Rent $783 ±$12
Percentage Of Renters Overburdened 54.36% ± 2.06pp
Total Population 192,416

Population and Household Demographics

Grand Rapids is a City in Kent County, Michigan with a population of 192,416. There are 73,026 households in the city with an average household size of 2.54 persons. 45.72% of households in Grand Rapids are renters.

Income and Rent Overburden in Grand Rapids

The median gross income for households in Grand Rapids is $40,355 a year, or $3,363 a month. The median rent for the city is $783 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grand Rapids, a household making less than $2,610 a month would be considered overburdened when renting an apartment at or above the median rent. 54.36% of households who rent are overburdened in Grand Rapids.1

Area Median Income In Grand Rapids

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 Rapids, the AMI is calculated from all households within Kent County.

In Grand Rapids, HUD calculates the Area Median Income for a family of four as $76,600

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 Rapids

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 Grand Rapids HUD Rental Assistance in Grand Rapids

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,100 $18,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,850 $30,650 $34,500 $38,300 $41,400 $44,450 $47,500 $50,600
80% of Median $42,950 $49,050 $55,200 $61,300 $66,250 $71,150 $76,050 $80,950
Low Income Housing Tax Credits in Grand Rapids

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2012, 45 low income apartment communities containing 2,507 rental apartments have been constructed and made affordable to low income persons in Grand Rapids by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Grand Rapids

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,850 $30,650 $34,500 $38,300 $41,400 $44,450 $47,500 $50,600
60% of Median $32,220 $36,780 $41,400 $45,960 $49,680 $53,340 $57,000 $60,720

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Grand Rapids is $41,400 a year, or $3,450 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,450 by 30% to get a maximum rent of $1,035 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $671 $719 $863 $996 $1,111 $1,226
60% $806 $863 $1,035 $1,196 $1,334 $1,472
Fair Market Rents in Grand Rapids

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$686 $789 $962 $1,296 $1,481