Affordable Housing In Okemos
Ingham County, Michigan

1 Low Income Apartment Communities In Okemos

Section 8 Vouchers, Apartments, and Waiting Lists in Okemos, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Okemos, Michigan

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 $957 and $1,169.

2023 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	$837	$868	$1,063	$1,374	$1,428
Okemos, Michigan Payment Standard Range	$753 to $921	$781 to $955	$957 to $1,169	$1,237 to $1,511	$1,285 to $1,571

Sourced from federal housing data and AffordableHousingOnline.com 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 $89,500

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.	$18,600	$21,250	$23,900	$27,750	$32,470	$37,190	$41,910	$46,630
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.	$31,000	$35,400	$39,850	$44,250	$47,800	$51,350	$54,900	$58,450
80% AMI Income Limits Renters earning up to 80% of the Okemos AMI may qualify for rental assistance programs that target Low Income households.	$49,600	$56,650	$63,750	$70,800	$76,500	$82,150	$87,800	$93,500