Affordable Housing In Montmorency County
Michigan

1 Low Income Apartment Communities In Montmorency County

Housing Authorities that serve Montmorency 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)

Guide To Affordable Housing in Montmorency County, Michigan

There are 1 low income housing apartment communities offering 14 affordable apartments for rent in Montmorency County, Michigan.

Income Based Apartments in Montmorency County, Michigan

Montmorency County features 14 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 Montmorency County, Michigan

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

Housing Choice Vouchers in Montmorency County, Michigan

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

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

2021 Montmorency 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
Montmorency County, Michigan Fair Market Rent	$503	$587	$734	$1,036	$1,040
Montmorency County, Michigan Payment Standard Range	$453 to $553	$528 to $646	$661 to $807	$932 to $1,140	$936 to $1,144

Sourced from federal housing data and AffordableHousingOnline.com research.

Montmorency County, MI Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	14
Total Housing Units with Rental Assistance	14
Percentage of Housing Units Occupied By Renters	14.47%
Average Renter Household Size	2.20
Average Household Size	2.27
Median Household Income	$36,250 ±$1,815
Median Rent	$571 ±$38
Percentage Of Renters Overburdened	49.07% ± 9.86pp
Total Population	9,401

Population and Household Demographics

Montmorency County is a county in Michigan with a population of 9,401. There are 4,070 households in the county with an average household size of 2.27 persons. 14.47% of households in Montmorency County are renters.

Income and Rent Overburden in Montmorency County

The median gross income for households in Montmorency County is $36,250 a year, or $3,021 a month. The median rent for the county is $571 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montmorency County, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 49.07% of households who rent are overburdened in Montmorency County.

Area Median Income In Montmorency 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 Montmorency County, HUD calculates the Area Median Income for a family of four as $52,000

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 Montmorency 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 Montmorency 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 Montmorency 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 Montmorency 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 Montmorency 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