What HUD offices serve Alger 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Alger County.
How many renters live in Alger County, Michigan?
The County of Alger County has 8,866 people living in 3,274 households.
There are 1,092 renters living in 591 renter households in this County. Renters make up 12.32 percent of the population living in Alger County.
What is the rental market like in Alger County, Michigan?
There are an estimated 6,208 housing units in the Alger County area. Of these, 634 units are rental homes, making up 10 percent of the housing market. For every renter household in Alger County, Michigan, there are 1 rental units.
What is the vacancy rate for rentals in Alger County?
The rental vacancy rate in Alger County is 7 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 Alger County for each bedroom size?
Occupied Rental Units by Size in Alger County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 10 | 200 | 127 | 172 | 74 |
Occupied Rental Units by Size in Alger County
A large number of apartments in Alger 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 Alger County are overburdened by housing costs?
Among renter households in this market, 41 percent have housing cost burden. Further, 7 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 Alger County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $693 to $1,405. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $693 |
| One BR | $768 |
| Two BR | $991 |
| Three BR | $1,198 |
| Four BR | $1,405 |
2024 Fair Market Rents in Alger County, Michigan
How many units are rented at Fair Market Rent (FMR) in Alger 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 | 8 | 80 percent |
| One BR | 136 | 68 percent |
| Two BR | 111 | 87 percent |
Rental Units Below FMR in Alger County, Michigan
How many affordable rental units are in Alger County?
There are a variety of federal affordable housing programs serving households in Alger County, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 24 |
| Public Housing | 74 |
| Section 202 Supportive Housing for the Elderly | 15 |
| USDA Section 515 Rural Rental Housing | 50 |
Tracked Units by Federal Program in Alger County, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Alger County, Michigan
Alger County features 125 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 Alger County, Michigan
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alger County.
Housing Choice Vouchers in Alger County, Michigan
On average, Section 8 Housing Choice vouchers pay Alger County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Alger County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Alger County, Michigan for a two-bedroom apartment is between $892 and $1,090.
Sourced from federal housing data and AffordableHousingOnline.com research.
