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

Discover affordable housing in Emmet County where there are 12+ 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.

Crooked River Apartments

7222 Milton Rd, Alanson, Michigan 49706

Traverse Woods II

201 Lafayette Ave, Petoskey, Michigan 49770

The Village of Hillside

311 W Main St, Harbor Springs, Michigan 49740

Harbor Village Apartments

1301 Crestview Dr, Petoskey, Michigan 49770

Maple Village l & ll Apartments

1695 Meadow Way, Petoskey, Michigan 49770

Riverview Terrace

11 Bridge St , Petoskey, Michigan 49770

Harbor Village Senior

1401 Crestview Dr, Petoskey, Michigan 49770

Hillside Club Apartments

2002 E Mitchell Rd, Petoskey, Michigan 49770

Harbor Village Senior Apartments II

1501 Crestview Dr, Petoskey, Michigan 49770

Little Traverse Village (Lafayette Park)

301 Lafayette Street C 104, Petoskey, Michigan 49770

Wah Wahs Noo Da Ke CO Ltbb of Odawa Indians

3728 Heynig Rd, Harbor Springs, Michigan 49740

Hillside Club - Phase Two

405 Valleycrest, Petoskey, Michigan 49770

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Emmet County, Michigan
$22.39/hour
$12.06 (+117%) more than Michigan minimum wage and $15.14 (+209%) more than the Federal minimum wage.
Learn More About Emmet County, Michigan Affordable Housing ↓

What HUD offices serve Emmet 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 Emmet County, Michigan.

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

How many renters live in Emmet County, Michigan?

The County of Emmet County has 34,072 people living in 14,530 households.

There are 6,762 renters living in 3,491 renter households in this County. Renters make up 19.85 percent of the population living in Emmet County.

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

There are an estimated 21,791 housing units in the Emmet County area. Of these, 3,629 units are rental homes, making up 17 percent of the housing market. For every renter household in Emmet County, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Emmet County?

The rental vacancy rate in Emmet County is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Emmet County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
36 738 1,639 871 101
Occupied Rental Units by Size in Emmet County

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

How many renter households in Emmet County are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 15 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Emmet County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,675. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $900
Two BR $1,182
Three BR $1,429
Four BR $1,675
2024 Fair Market Rents in Emmet County, Michigan

How many units are rented at Fair Market Rent (FMR) in Emmet 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 20 56 percent
One BR 457 62 percent
Two BR 1,009 62 percent
Rental Units Below FMR in Emmet County, Michigan

How many affordable rental units are in Emmet County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 655
Section 8 Project-Based Rental Assistance 138
Section 202 Supportive Housing for the Elderly 16
USDA Section 515 Rural Rental Housing 292
Tracked Units by Federal Program in Emmet County, Michigan

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

Income Based Apartments in Emmet County, Michigan

Emmet County features 274 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 Emmet County, Michigan

There are 313 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Emmet County.

Housing Choice Vouchers in Emmet County, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Emmet County, Michigan for a two-bedroom apartment is between $1,064 and $1,300.

Sourced from federal housing data and AffordableHousingOnline.com research.