Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Iron County
Michigan

6 Low Income Apartment Communities In Iron County

Spring Valley Apartments

100 Spring Valley Ave
Iron River, Michigan
Subsidized
62+
Accessible
Elderly Supportive Housing

Pleasant Valley Apartments

210 N 3rd St
Crystal Falls, Michigan

Woodridge Apartments CO Upcap

650 Selden Rd
Iron River, Michigan

Sunset Manor

208 Jefferson Ave
Iron River, Michigan

Hillside Apartments CO Gr. Mi Services

1601 Lincoln Ave
Stambaugh, Michigan

City View Apartments

236 N 3rd Ave
Iron River, Michigan
  • «
  • 1
  • »

Housing Authorities that serve Iron 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)
Iron County Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Iron County, Michigan

There are 6 low income housing apartment communities offering 304 affordable apartments for rent in Iron County, Michigan.

Income Based Apartments in Iron County, Michigan

Iron County features 224 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 Iron County, Michigan

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Iron County.

Housing Choice Vouchers in Iron County, Michigan

On average, Section 8 Housing Choice vouchers pay Iron County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Iron County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Iron County, Michigan for a two-bedroom apartment is between $661 and $807.

2021 Iron 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
Iron County, Michigan Fair Market Rent $501 $598 $734 $1,021 $1,127
Iron County, Michigan Payment Standard Range $451 to $551 $538 to $658 $661 to $807 $919 to $1,123 $1,014 to $1,240

Sourced from federal housing data and AffordableHousingOnline.com research.

Iron County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 304
Total Housing Units with Rental Assistance 224
Percentage of Housing Units Occupied By Renters 16.26%
Average Renter Household Size 1.75
Average Household Size 2.07
Median Household Income $33,663 ±$1,724
Median Rent $516 ±$46
Percentage Of Renters Overburdened 44.47% ± 7.72pp
Total Population 11,507

Population and Household Demographics

Iron County is a county in Michigan with a population of 11,507. There are 5,392 households in the county with an average household size of 2.07 persons. 16.26% of households in Iron County are renters.

Income and Rent Overburden in Iron County

The median gross income for households in Iron County is $33,663 a year, or $2,805 a month. The median rent for the county is $516 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Iron County, a household making less than $1,720 a month would be considered overburdened when renting an apartment at or above the median rent. 44.47% of households who rent are overburdened in Iron County.

Area Median Income In Iron 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 Iron County, HUD calculates the Area Median Income for a family of four as $58,000

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 Iron 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 Iron 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 Iron County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,550 $17,420 $21,960 $26,500 $31,040 $35,580 $40,000 $42,600
50% AMI Income Limits
Renters earning up to 50% of the Iron County AMI may qualify for rental assistance programs that target Very Low Income households.
$22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% AMI Income Limits
Renters earning up to 80% of the Iron County AMI may qualify for rental assistance programs that target Low Income households.
$36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150

Cities In Iron County

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

City Served By
Alpha The HUD funded Public Housing Agencies that serve Alpha are the Michigan State Housing Development Authority and Iron County Housing Commission.
Amasa The HUD funded Public Housing Agencies that serve Amasa are the Michigan State Housing Development Authority and Iron County Housing Commission.
Bates The HUD funded Public Housing Agencies that serve Bates are the Michigan State Housing Development Authority and Iron County Housing Commission.
Caspian The HUD funded Public Housing Agencies that serve Caspian are the Iron County Housing Commission and Michigan State Housing Development Authority.
Crystal Falls The HUD funded Public Housing Agencies that serve Crystal Falls are the Michigan State Housing Development Authority and Iron County Housing Commission.
Crystal Fallsship The HUD funded Public Housing Agencies that serve Crystal Fallsship are the Michigan State Housing Development Authority and Iron County Housing Commission.
Gaastra The HUD funded Public Housing Agencies that serve Gaastra are the Michigan State Housing Development Authority and Iron County Housing Commission.
Hematite The HUD funded Public Housing Agencies that serve Hematite are the Michigan State Housing Development Authority and Iron County Housing Commission.
Iron River The HUD funded Public Housing Agencies that serve Iron River are the Iron River Housing Commission, Iron County Housing Commission and Michigan State Housing Development Authority.
Iron Rivership The HUD funded Public Housing Agencies that serve Iron Rivership are the Michigan State Housing Development Authority and Iron County Housing Commission.
Mansfield The HUD funded Public Housing Agencies that serve Mansfield are the Michigan State Housing Development Authority and Iron County Housing Commission.
Mastodon The HUD funded Public Housing Agencies that serve Mastodon are the Michigan State Housing Development Authority and Iron County Housing Commission.
Stambaugh The HUD funded Public Housing Agencies that serve Stambaugh are the Iron County Housing Commission and Michigan State Housing Development Authority.
Stambaughship The HUD funded Public Housing Agencies that serve Stambaughship are the Michigan State Housing Development Authority and Iron County Housing Commission.