What HUD offices serve Osceola County, 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.
Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Osceola County.
How many renters live in Osceola County, Michigan?
The County of Osceola County has people living in households.
There are renters living in renter households in this County. Renters make up 15.33 percent of the population living in Osceola County.
What is the rental market like in Osceola County, Michigan?
There are an estimated housing units in the Osceola County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Osceola County, Michigan, there are 1.05 rental units.
What is the vacancy rate for rentals in Osceola County?
The rental vacancy rate in Osceola County is 5 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 Osceola County for each bedroom size?
Occupied Rental Units by Size in Osceola County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 48 | 364 | 494 | 412 | 123 |
Occupied Rental Units by Size in Osceola County
A large number of apartments in Osceola County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Osceola County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,415. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $633 |
| One BR | $689 |
| Two BR | $905 |
| Three BR | $1,124 |
| Four BR | $1,415 |
2024 Fair Market Rents in Osceola County, Michigan
How many units are rented at Fair Market Rent (FMR) in Osceola County?
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 | 29 | 60 percent |
| One BR | 279 | 77 percent |
| Two BR | 284 | 57 percent |
Rental Units Below FMR in Osceola County, Michigan
How many affordable rental units are in Osceola County?
There are a variety of federal affordable housing programs serving households in Osceola County, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Osceola County, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Osceola County, Michigan
Osceola County features 522 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 50 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 $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.