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Affordable Housing In Okemos
Ingham County, Michigan

Waiting List Openings In Okemos

Waiting ListStatus
Michigan State Housing Development Authority Housing Choice Voucher Open Now

1 Low Income Apartment Communities In Okemos

Carriage Lane Apartments

3882 Dobie Rd
Okemos, Michigan
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Housing Authorities that serve Okemos

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)
Lansing Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Ingham County Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Okemos, Michigan

There are 1 low income housing apartment communities offering 93 affordable apartments for rent in Okemos, Michigan.

Income Based Apartments in Okemos, Michigan

Okemos features 93 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 Okemos, Michigan

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

Housing Choice Vouchers in Okemos, Michigan

On average, Section 8 Housing Choice vouchers pay Okemos landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Okemos.

The maximum amount a voucher would pay on behalf of a low-income tenant in Okemos, Michigan for a two-bedroom apartment is between $818 and $1,000.

2021 Okemos, 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
Okemos, Michigan Fair Market Rent $710 $740 $909 $1,171 $1,264
Okemos, Michigan Payment Standard Range $639 to $781 $666 to $814 $818 to $1,000 $1,054 to $1,288 $1,138 to $1,390

Sourced from federal housing data and research.

Okemos, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 93
Total Housing Units with Rental Assistance 93
Percentage of Housing Units Occupied By Renters 36.08%
Average Renter Household Size 2.11
Average Household Size 2.39
Median Household Income $75,032 ±$6,151
Median Rent $846 ±$35
Percentage Of Renters Overburdened 50.44% ± 7.83pp
Total Population 22,073

Population and Household Demographics

Okemos is a city in Ingham County, Michigan with a population of 22,073. There are 9,071 households in the city with an average household size of 2.39 persons. 36.08% of households in Okemos are renters.

Income and Rent Overburden in Okemos

The median gross income for households in Okemos is $75,032 a year, or $6,253 a month. The median rent for the city is $846 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Okemos, a household making less than $2,820 a month would be considered overburdened when renting an apartment at or above the median rent. 50.44% of households who rent are overburdened in Okemos.

Area Median Income In Okemos

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Okemos, the AMI is calculated from all households within Ingham County.

In Okemos, HUD calculates the Area Median Income for a family of four as $80,700

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 Okemos

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 Okemos

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 Okemos AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,850 $19,250 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Okemos AMI may qualify for rental assistance programs that target Very Low Income households.
$28,100 $32,100 $36,100 $40,100 $43,350 $46,550 $49,750 $52,950
80% AMI Income Limits
Renters earning up to 80% of the Okemos AMI may qualify for rental assistance programs that target Low Income households.
$44,950 $51,350 $57,750 $64,150 $69,300 $74,450 $79,550 $84,700