Low Income Apartments and Affordable Housing For Rent in Mount Pleasant, MI

Discover affordable housing in Mount Pleasant where there are 16+ 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.

Oxford Row I Apartments

1517 Canterbury Trl , Mount Pleasant, Michigan 48858

Immanuel Village

310 S Bradley St, Mount Pleasant, Michigan 48858

Winchester Towers

2001 Elva St , Mount Pleasant, Michigan 48858

Yorkshire Commons

1251 E Broomfield St , Mount Pleasant, Michigan 48858

Oak Tree Village

312 S Oak St, Mount Pleasant, Michigan 48858

Oxford Row II

1517 Canterbury Trl, Mount Pleasant, Michigan 48858

Chase Run Apartments

3726 S Isabella Rd, Mount Pleasant, Michigan 48858

Springbrook Townhomes Phase II

4650 S Isabella Rd, Mount Pleasant, Michigan 48858

Cranbrook Senior Village

4608 S Isabella Rd, Mount Pleasant, Michigan 48858

Rivers Bluff Townhomes

805 W Broadway St, Mount Pleasant, Michigan 48858

Dover Court

1535 E Broomfield St, Mount Pleasant, Michigan 48858

Devine House

901 McVey St, Mount Pleasant, Michigan 48858

Northwinds Apartments

3176 E Deerfield Rd, Mount Pleasant, Michigan 48858

Riverview Apartments

1 W Mosher St, Mount Pleasant, Michigan 48858

Mill II, The

411 W Broadway St, Mount Pleasant, Michigan 48858

Chase Run II Apartments

3760 S Isabella Rd, Mount Pleasant, Michigan 48858

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mount Pleasant, Michigan
$17.82/hour
$7.49 (+73%) more than Michigan minimum wage and $10.57 (+146%) more than the Federal minimum wage.
Learn More About Mount Pleasant, Michigan Affordable Housing ↓

What HUD offices serve Mount Pleasant, 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 Mount Pleasant, Michigan.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Mount Pleasant, Michigan.

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

How many renters live in Mount Pleasant, Michigan?

The City of Mount Pleasant has 21,826 people living in 7,665 households.

There are 10,134 renters living in 4,905 renter households in this City. Renters make up 46.43 percent of the population living in Mount Pleasant.

What is the rental market like in Mount Pleasant, Michigan?

There are an estimated 8,622 housing units in the Mount Pleasant area. Of these, 5,457 units are rental homes, making up 63 percent of the housing market. For every renter household in Mount Pleasant, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Mount Pleasant?

The rental vacancy rate in Mount Pleasant is 5 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 Mount Pleasant for each bedroom size?

Occupied Rental Units by Size in Mount Pleasant
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
258 1,184 2,310 511 540
Occupied Rental Units by Size in Mount Pleasant

A large number of apartments in Mount Pleasant 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 Mount Pleasant are overburdened by housing costs?

Among renter households in this market, 49 percent have housing cost burden. Further, 30 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 Mount Pleasant

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $810 to $1,253. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $810
One BR $815
Two BR $941
Three BR $1,245
Four BR $1,253
2024 Fair Market Rents in Mount Pleasant, Michigan

How many units are rented at Fair Market Rent (FMR) in Mount Pleasant?

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 118 46 percent
One BR 782 66 percent
Two BR 1,395 60 percent
Rental Units Below FMR in Mount Pleasant, Michigan

How many affordable rental units are in Mount Pleasant?

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

Federal Program Unit Count
Low Income Housing Tax Credit 585
Public Housing 123
Section 8 Project-Based Rental Assistance 264
Tracked Units by Federal Program in Mount Pleasant, Michigan

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

Income Based Apartments in Mount Pleasant, Michigan

Mount Pleasant features 454 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 Mount Pleasant, Michigan

There are 392 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Pleasant.

Housing Choice Vouchers in Mount Pleasant, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Pleasant, Michigan for a two-bedroom apartment is between $847 and $1,035.

Sourced from federal housing data and AffordableHousingOnline.com research.