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

Discover affordable housing in Ontonagon 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.

Ontonagon Village Housing

1001 Cane Ct, Ontonagon, Michigan 49953

Greenwood Apartments

303 Tamarack Ln, Ontonagon, Michigan 49953

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ontonagon, Michigan
$17.14/hour
$6.81 (+66%) more than Michigan minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Ontonagon, Michigan Affordable Housing ↓

What HUD offices serve Ontonagon, 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 Ontonagon, Michigan.

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

How many renters live in Ontonagon, Michigan?

The City of Ontonagon has 1,290 people living in 673 households.

There are 266 renters living in 179 renter households in this City. Renters make up 20.62 percent of the population living in Ontonagon.

What is the rental market like in Ontonagon, Michigan?

There are an estimated 864 housing units in the Ontonagon area. Of these, 207 units are rental homes, making up 24 percent of the housing market. For every renter household in Ontonagon, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Ontonagon?

The rental vacancy rate in Ontonagon is 12 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 Ontonagon for each bedroom size?

Occupied Rental Units by Size in Ontonagon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 91 63 20 0
Occupied Rental Units by Size in Ontonagon

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

Among renter households in this market, 39 percent have housing cost burden. Further, 15 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 Ontonagon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $806
Two BR $905
Three BR $1,094
Four BR $1,283
2024 Fair Market Rents in Ontonagon, Michigan

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

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 3 60 percent
One BR 90 99 percent
Two BR 58 92 percent
Rental Units Below FMR in Ontonagon, Michigan

How many affordable rental units are in Ontonagon?

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

Federal Program Unit Count
Public Housing 60
Section 8 Project-Based Rental Assistance 24
Tracked Units by Federal Program in Ontonagon, Michigan

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

Income Based Apartments in Ontonagon, Michigan

Ontonagon features 84 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 Ontonagon, Michigan

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

Housing Choice Vouchers in Ontonagon, Michigan

On average, Section 8 Housing Choice vouchers pay Ontonagon landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Ontonagon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ontonagon, Michigan for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.