What HUD offices serve Manistique, 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Manistique.
How many renters live in Manistique, Michigan?
The City of Manistique has people living in households.
There are renters living in renter households in this City. Renters make up 19.1 percent of the population living in Manistique.
What is the rental market like in Manistique, Michigan?
There are an estimated housing units in the Manistique area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Manistique, Michigan, there are 1.09 rental units.
What is the vacancy rate for rentals in Manistique?
The rental vacancy rate in Manistique is 9 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 Manistique for each bedroom size?
Occupied Rental Units by Size in Manistique
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 11 219 132 40 38 Occupied Rental Units by Size in Manistique
A large number of apartments in Manistique 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 Manistique
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $633 One BR $715 Two BR $905 Three BR $1,214 Four BR $1,283 2024 Fair Market Rents in Manistique, Michigan
How many units are rented at Fair Market Rent (FMR) in Manistique?
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 6 55 percent One BR 206 94 percent Two BR 117 89 percent Rental Units Below FMR in Manistique, Michigan
How many affordable rental units are in Manistique?
There are a variety of federal affordable housing programs serving households in
Manistique, Michigan including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Manistique, Michigan
Income Based Apartments in Manistique, Michigan
Manistique features 196 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 Manistique, Michigan
There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manistique.
Housing Choice Vouchers in Manistique, Michigan
On average, Section 8 Housing Choice vouchers pay Manistique landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Manistique.
The maximum amount a voucher would pay on behalf of a low-income tenant in Manistique, Michigan for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.