Low Income Apartments and Affordable Housing For Rent in Negaunee, MI

Discover affordable housing in Negaunee where there are 2+ 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.

Lakeview Apartments

98 Croix St, Negaunee, Michigan 49866

Negaunee Apts C/O Gld Management

151 Rail Street, Negaunee, Michigan

calendar_today Opened: Jul 1
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 Negaunee, Michigan
$9.63 (+93%) more than Michigan minimum wage and $12.71 (+175%) more than the Federal minimum wage.
Learn More About Negaunee, Michigan Affordable Housing ↓

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

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

How many renters live in Negaunee, Michigan?

The City of Negaunee has 4,650 people living in 2,030 households.

There are 719 renters living in 399 renter households in this City. Renters make up 15.46 percent of the population living in Negaunee.

What is the rental market like in Negaunee, Michigan?

There are an estimated 2,092 housing units in the Negaunee area. Of these, 422 units are rental homes, making up 20 percent of the housing market. For every renter household in Negaunee, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Negaunee?

The rental vacancy rate in Negaunee 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 Negaunee for each bedroom size?

Occupied Rental Units by Size in Negaunee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 93 214 44 32
Occupied Rental Units by Size in Negaunee

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

Among renter households in this market, 59 percent have housing cost burden. Further, 42 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 Negaunee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $714 to $1,789. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $714
One BR $876
Two BR $1,054
Three BR $1,274
Four BR $1,789
2024 Fair Market Rents in Negaunee, Michigan

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

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 14 88 percent
One BR 61 66 percent
Two BR 168 79 percent
Rental Units Below FMR in Negaunee, Michigan

How many affordable rental units are in Negaunee?

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

Federal Program Unit Count
Public Housing 80
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Negaunee, Michigan

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

Income Based Apartments in Negaunee, Michigan

Negaunee features 96 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 Negaunee, Michigan

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

Housing Choice Vouchers in Negaunee, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Negaunee, Michigan for a two-bedroom apartment is between $949 and $1,159.

Sourced from federal housing data and AffordableHousingOnline.com research.