Affordable Housing In Leelanau County
Michigan

1 Low Income Apartment Communities In Leelanau County

Housing Authorities that serve Leelanau 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 Leelanau County, Michigan

There are 1 low income housing apartment communities offering 18 affordable apartments for rent in Leelanau County, Michigan.

Income Based Apartments in Leelanau County, Michigan

Leelanau County features 18 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 Leelanau County, Michigan

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

Housing Choice Vouchers in Leelanau County, Michigan

On average, Section 8 Housing Choice vouchers pay Leelanau County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Leelanau County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Leelanau County, Michigan for a two-bedroom apartment is between $786 and $960.

2021 Leelanau 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
Leelanau County, Michigan Fair Market Rent	$669	$709	$873	$1,185	$1,512
Leelanau County, Michigan Payment Standard Range	$602 to $736	$638 to $780	$786 to $960	$1,067 to $1,304	$1,361 to $1,663

Sourced from federal housing data and AffordableHousingOnline.com research.

Leelanau County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	18
Total Housing Units with Rental Assistance	18
Percentage of Housing Units Occupied By Renters	15.14%
Average Renter Household Size	2.28
Average Household Size	2.31
Median Household Income	$56,189 ±$2,327
Median Rent	$805 ±$47
Percentage Of Renters Overburdened	41.27% ± 8.47pp
Total Population	21,772

Population and Household Demographics

Leelanau County is a county in Michigan with a population of 21,772. There are 9,234 households in the county with an average household size of 2.31 persons. 15.14% of households in Leelanau County are renters.

Income and Rent Overburden in Leelanau County

The median gross income for households in Leelanau County is $56,189 a year, or $4,682 a month. The median rent for the county is $805 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Leelanau County, a household making less than $2,683 a month would be considered overburdened when renting an apartment at or above the median rent. 41.27% of households who rent are overburdened in Leelanau County.

Area Median Income In Leelanau 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 Leelanau County, HUD calculates the Area Median Income for a family of four as $78,900

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 Leelanau 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 Leelanau 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 Leelanau County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$16,600	$18,950	$21,960	$26,500	$31,040	$35,580	$40,120	$44,660
50% AMI Income Limits Renters earning up to 50% of the Leelanau County AMI may qualify for rental assistance programs that target Very Low Income households.	$27,650	$31,600	$35,550	$39,450	$42,650	$45,800	$48,950	$52,100
80% AMI Income Limits Renters earning up to 80% of the Leelanau County AMI may qualify for rental assistance programs that target Low Income households.	$44,200	$50,500	$56,800	$63,100	$68,150	$73,200	$78,250	$83,300