Low Income Apartments and Affordable Housing For Rent in Alger County, MI

Discover affordable housing in Alger County where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Windjammer Greene

1550 Center St, Munising, Michigan 49862

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Chatham Manor Apartments

202 Gladstone St, Chatham, Michigan 49816

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Jericho House

410 Elm Ave, Munising, Michigan 49862

payment Subsidized
elderly Senior
accessibility Accessible

Lakeshore Manor Hillside

200 City Park Dr, Munising, Michigan 49862

payment Subsidized

How To Identify Affordable Housing in Alger County, Michigan

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alger County, Michigan
$18.77/hour
$8.44 (+82%) more than Michigan minimum wage and $11.52 (+159%) more than the Federal minimum wage.
Learn More About Alger County, Michigan Affordable Housing ↓

What HUD offices serve Alger 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.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Alger County, Michigan.

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Alger County.

How many renters live in Alger County, Michigan?

The County of Alger County has people living in households.

There are renters living in renter households in this County. Renters make up 12.32 percent of the population living in Alger County.

What is the rental market like in Alger County, Michigan?

There are an estimated housing units in the Alger County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Alger County, Michigan, there are 1.07 rental units.

What is the vacancy rate for rentals in Alger County?

The rental vacancy rate in Alger County is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Alger County for each bedroom size?

Occupied Rental Units by Size in Alger County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 200 127 172 74
Occupied Rental Units by Size in Alger County

A large number of apartments in Alger County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Alger County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $693 to $1,405. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $693
One BR $768
Two BR $991
Three BR $1,198
Four BR $1,405
2024 Fair Market Rents in Alger County, Michigan

How many units are rented at Fair Market Rent (FMR) in Alger County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 8 80 percent
One BR 136 68 percent
Two BR 111 87 percent
Rental Units Below FMR in Alger County, Michigan

How many affordable rental units are in Alger County?

There are a variety of federal affordable housing programs serving households in Alger County, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Alger County, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Alger County, Michigan

Alger County features 125 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 Alger County, Michigan

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alger County.

Housing Choice Vouchers in Alger County, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Alger County, Michigan for a two-bedroom apartment is between $892 and $1,090.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening