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Affordable Housing In Grand Traverse County
Michigan


Waiting List Openings In Grand Traverse County

Waiting ListStatus
Michigan State Housing Development Authority Housing Choice Voucher Open Soon

21 Low Income Apartment Communities In Grand Traverse County

Churchside Village

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

Tradewinds Terrace

851 Fitzhugh Dr
Traverse City, Michigan
Subsidized

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

Fife Lake and Kingsley Arms Apartments

10800 Vans Ln
Fife Lake, Michigan

Housing Authorities that serve Grand Traverse County

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 21 low income housing apartment communities offering 1,635 affordable apartments for rent in Grand Traverse County, Michigan.

Income Based Apartments in Grand Traverse County, Michigan

Grand Traverse County features 742 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 $899 and $1,099.

2021 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 $685 $847 $999 $1,286 $1,480
Grand Traverse County, Michigan Payment Standard Range $617 to $754 $762 to $932 $899 to $1,099 $1,157 to $1,415 $1,332 to $1,628

Sourced from federal housing data and AffordableHousingOnline.com research.

Grand Traverse County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 1,635
Total Housing Units with Rental Assistance 742
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 $81,000

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.
$17,050 $19,450 $21,900 $26,200 $30,680 $35,160 $39,640 $44,120
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.
$28,350 $32,400 $36,450 $40,500 $43,750 $47,000 $50,250 $53,500
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.
$45,400 $51,850 $58,350 $64,800 $70,000 $75,200 $80,400 $85,550

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.