Low Income Apartments and Affordable Housing For Rent in North Branch, MI

Discover affordable housing in North Branch 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.

North Branch Commons

6733 North Branch Ct, North Branch, Michigan 48461

Timber Creek

3893 Orr Dr, North Branch, Michigan 48461

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In North Branch, Michigan
$24.45/hour
$14.12 (+137%) more than Michigan minimum wage and $17.20 (+237%) more than the Federal minimum wage.
Learn More About North Branch, Michigan Affordable Housing ↓

What HUD offices serve North Branch, 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Family Unification Program (FUP) programs for North Branch, Michigan.
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 North Branch, Michigan.

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

How many renters live in North Branch, Michigan?

The City of North Branch has 999 people living in 436 households.

There are 342 renters living in 198 renter households in this City. Renters make up 34.23 percent of the population living in North Branch.

What is the rental market like in North Branch, Michigan?

There are an estimated 495 housing units in the North Branch area. Of these, 207 units are rental homes, making up 42 percent of the housing market. For every renter household in North Branch, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in North Branch?

The rental vacancy rate in North Branch is 4 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 North Branch for each bedroom size?

Occupied Rental Units by Size in North Branch
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 69 79 39 8
Occupied Rental Units by Size in North Branch

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

Among renter households in this market, 56 percent have housing cost burden. Further, 25 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 North Branch

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $920 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $920
One BR $1,019
Two BR $1,291
Three BR $1,595
Four BR $1,719
2024 Fair Market Rents in North Branch, Michigan

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

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
One BR 69 100 percent
Two BR 74 94 percent
Rental Units Below FMR in North Branch, Michigan

How many affordable rental units are in North Branch?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Section 8 Project-Based Rental Assistance 32
Tracked Units by Federal Program in North Branch, Michigan

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

Income Based Apartments in North Branch, Michigan

North Branch features 32 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 North Branch, Michigan

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Branch.

Housing Choice Vouchers in North Branch, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in North Branch, Michigan for a two-bedroom apartment is between $1,162 and $1,420.

Sourced from federal housing data and AffordableHousingOnline.com research.