Affordable Housing In Osceola County
Michigan
13 Low Income Apartment Communities In Osceola County
James Manor Senior Apartments
Highland Haven
Highland Meadowview I
Housing Authorities that serve Osceola County
| 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) |
Guide To Affordable Housing in Osceola County, Michigan
There are 13 low income housing apartment communities offering 677 affordable apartments for rent in Osceola County, Michigan.
Income Based Apartments in Osceola County, Michigan
Osceola County features 539 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 Osceola County, Michigan
There are 138 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Osceola County.
Housing Choice Vouchers in Osceola County, Michigan
On average, Section 8 Housing Choice vouchers pay Osceola County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Osceola County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Osceola County, Michigan for a two-bedroom apartment is between $661 and $807.
2021 Osceola County, 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 | |
|---|---|---|---|---|---|
| Osceola County, Michigan Fair Market Rent | $503 | $569 | $734 | $913 | $999 |
| Osceola County, Michigan Payment Standard Range | $453 to $553 | $512 to $626 | $661 to $807 | $822 to $1,004 | $899 to $1,099 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Osceola County, MI Affordable Housing Snapshot
| Total Affordable Apartment Properties | 13 |
|---|---|
| Total Low Income Apartments | 677 |
| Total Housing Units with Rental Assistance | 539 |
| Percentage of Housing Units Occupied By Renters | 21.18% |
| Average Renter Household Size | 2.47 |
| Average Household Size | 2.60 |
| Median Household Income | $38,999 ±$1,564 |
| Median Rent | $577 ±$21 |
| Percentage Of Renters Overburdened | 42.05% ± 3.72pp |
| Total Population | 23,234 |
Population and Household Demographics
Osceola County is a county in Michigan with a population of 23,234. There are 8,757 households in the county with an average household size of 2.60 persons. 21.18% of households in Osceola County are renters.
Income and Rent Overburden in Osceola County
The median gross income for households in Osceola County is $38,999 a year, or $3,250 a month. The median rent for the county is $577 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Osceola County, a household making less than $1,923 a month would be considered overburdened when renting an apartment at or above the median rent. 42.05% of households who rent are overburdened in Osceola County.
Area Median Income In Osceola County
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.
In Osceola County, HUD calculates the Area Median Income for a family of four as $53,600
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 Osceola County
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 Osceola County
| 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 Osceola County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$13,550 | $17,420 | $21,960 | $26,500 | $31,040 | $35,580 | $40,000 | $42,600 |
| 50% AMI Income Limits Renters earning up to 50% of the Osceola County AMI may qualify for rental assistance programs that target Very Low Income households. |
$22,600 | $25,800 | $29,050 | $32,250 | $34,850 | $37,450 | $40,000 | $42,600 |
| 80% AMI Income Limits Renters earning up to 80% of the Osceola County AMI may qualify for rental assistance programs that target Low Income households. |
$36,150 | $41,300 | $46,450 | $51,600 | $55,750 | $59,900 | $64,000 | $68,150 |
Cities In Osceola County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Burdell | The HUD funded Public Housing Agency that serves Burdell is the Michigan State Housing Development Authority. |
| Cedar | The HUD funded Public Housing Agency that serves Cedar is the Michigan State Housing Development Authority. |
| Evart | The HUD funded Public Housing Agencies that serve Evart are the Evart Housing Commission and Michigan State Housing Development Authority. |
| Evartship | The HUD funded Public Housing Agency that serves Evartship is the Michigan State Housing Development Authority. |
| Hartwick | The HUD funded Public Housing Agency that serves Hartwick is the Michigan State Housing Development Authority. |
| Hersey | The HUD funded Public Housing Agency that serves Hersey is the Michigan State Housing Development Authority. |
| Herseyship | The HUD funded Public Housing Agency that serves Herseyship is the Michigan State Housing Development Authority. |
| Highland | The HUD funded Public Housing Agency that serves Highland is the Michigan State Housing Development Authority. |
| Le Roy | The HUD funded Public Housing Agency that serves Le Roy is the Michigan State Housing Development Authority. |
| Le Royship | The HUD funded Public Housing Agency that serves Le Royship is the Michigan State Housing Development Authority. |
| Lincoln | The HUD funded Public Housing Agency that serves Lincoln is the Michigan State Housing Development Authority. |
| Marion | The HUD funded Public Housing Agency that serves Marion is the Michigan State Housing Development Authority. |
| Marionship | The HUD funded Public Housing Agency that serves Marionship is the Michigan State Housing Development Authority. |
| Middle Branch | The HUD funded Public Housing Agency that serves Middle Branch is the Michigan State Housing Development Authority. |
| Orient | The HUD funded Public Housing Agency that serves Orient is the Michigan State Housing Development Authority. |
| Osceola | The HUD funded Public Housing Agency that serves Osceola is the Michigan State Housing Development Authority. |
| Reed City | The HUD funded Public Housing Agency that serves Reed City is the Michigan State Housing Development Authority. |
| Richmond Township | The HUD funded Public Housing Agency that serves Richmond Township is the Michigan State Housing Development Authority. |
| Rose Lake | The HUD funded Public Housing Agency that serves Rose Lake is the Michigan State Housing Development Authority. |
| Sherman | The HUD funded Public Housing Agency that serves Sherman is the Michigan State Housing Development Authority. |
| Sylvan Township | The HUD funded Public Housing Agency that serves Sylvan Township is the Michigan State Housing Development Authority. |
| Tustin | The HUD funded Public Housing Agency that serves Tustin is the Michigan State Housing Development Authority. |
