Affordable Housing In Grand Traverse County
Michigan

22 Low Income Apartment Communities In Grand Traverse County

Boardman Lake Apartments C / O Housing Mgmt

2790 Boardman Lake Dr
Traverse City, Michigan
$470-719
1-4 BR

Tradewinds Terrace

851 Fitzhugh Dr
Traverse City, Michigan
Call For Rent
2-4 BR
Subsidized

Churchside Village

6105 Center Rd
Traverse City, Michigan
Subsidized
62+
Accessible
Elderly Supportive Housing

Aspen Hills

1291 Oak Terrace Dr
Traverse City, Michigan
Subsidized

Grand Traverse Area Clc

935 Barlow St
Traverse City, Michigan
Subsidized

Grand Traverse Community Living Apartments

920 Grant St
Traverse City, Michigan
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Oak Park Apartments

1650 Maylane
Traverse City, Michigan

Keystone Village Apartments

2943 Keystone Rd N
Traverse City, Michigan

Oak Terrace Apartments

1240 Oak Terrace Dr
Traverse City, Michigan
Subsidized

Bay Front Apartments

872 E Front St
Traverse City, Michigan

Section 8 Vouchers, Apartments, and Waiting Lists in Grand Traverse County, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Grand Traverse County, Michigan

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)
Traverse City Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Grand Traverse County, Michigan

There are 22 low income housing apartment communities offering 1,715 affordable apartments for rent in Grand Traverse County, Michigan.

Income Based Apartments in Grand Traverse County, Michigan

Grand Traverse County features 822 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 Traverse County, Michigan

There are 882 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Traverse County.

Housing Choice Vouchers in Grand Traverse County, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Traverse County, Michigan for a two-bedroom apartment is between $908 and $1,110.

2022 Grand Traverse County, 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 Traverse County, Michigan Fair Market Rent $698 $863 $1,009 $1,248 $1,368
Grand Traverse County, Michigan Payment Standard Range $628 to $768 $777 to $949 $908 to $1,110 $1,123 to $1,373 $1,231 to $1,505

Sourced from federal housing data and AffordableHousingOnline.com research.

Grand Traverse County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 1,715
Total Housing Units with Rental Assistance 822
Percentage of Housing Units Occupied By Renters 23.75%
Average Renter Household Size 2.22
Average Household Size 2.46
Median Household Income $52,950 ±$1,821
Median Rent $859 ±$23
Percentage Of Renters Overburdened 45.93% ± 4.14pp
Total Population 89,907

Population and Household Demographics

Grand Traverse County is a county in Michigan with a population of 89,907. There are 35,082 households in the county with an average household size of 2.46 persons. 23.75% of households in Grand Traverse County are renters.

Income and Rent Overburden in Grand Traverse County

The median gross income for households in Grand Traverse County is $52,950 a year, or $4,413 a month. The median rent for the county is $859 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grand Traverse County, a household making less than $2,863 a month would be considered overburdened when renting an apartment at or above the median rent. 45.93% of households who rent are overburdened in Grand Traverse County.

Area Median Income In Grand Traverse County

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.

In Grand Traverse County, HUD calculates the Area Median Income for a family of four as $89,700

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 Traverse County

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 Traverse County

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 Traverse County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,850 $20,400 $22,950 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Grand Traverse County AMI may qualify for rental assistance programs that target Very Low Income households.
$29,750 $34,000 $38,250 $42,500 $45,900 $49,300 $52,700 $56,100
80% AMI Income Limits
Renters earning up to 80% of the Grand Traverse County AMI may qualify for rental assistance programs that target Low Income households.
$47,600 $54,400 $61,200 $68,000 $73,450 $78,900 $84,350 $89,800

Cities In Grand Traverse County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Acme The HUD funded Public Housing Agencies that serve Acme are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Blair The HUD funded Public Housing Agencies that serve Blair are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Chums Corner The HUD funded Public Housing Agencies that serve Chums Corner are the Michigan State Housing Development Authority and Traverse City Housing Commission.
East Bay The HUD funded Public Housing Agencies that serve East Bay are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Fife Lake The HUD funded Public Housing Agencies that serve Fife Lake are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Fife Lakeship The HUD funded Public Housing Agencies that serve Fife Lakeship are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Garfield Township The HUD funded Public Housing Agencies that serve Garfield Township are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Grant The HUD funded Public Housing Agencies that serve Grant are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Grawn The HUD funded Public Housing Agencies that serve Grawn are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Green Lake The HUD funded Public Housing Agencies that serve Green Lake are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Interlochen The HUD funded Public Housing Agencies that serve Interlochen are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Kingsley The HUD funded Public Housing Agencies that serve Kingsley are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Long Lake The HUD funded Public Housing Agencies that serve Long Lake are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Mayfield The HUD funded Public Housing Agencies that serve Mayfield are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Paradise The HUD funded Public Housing Agencies that serve Paradise are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Peninsula The HUD funded Public Housing Agencies that serve Peninsula are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Traverse City The HUD funded Public Housing Agencies that serve Traverse City are the Traverse City Housing Commission and Michigan State Housing Development Authority.
Union The HUD funded Public Housing Agencies that serve Union are the Michigan State Housing Development Authority and Traverse City Housing Commission.
Whitewater The HUD funded Public Housing Agencies that serve Whitewater are the Michigan State Housing Development Authority and Traverse City Housing Commission.