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Affordable Housing In Oxford
Oakland County, Michigan


Waiting List Openings In Oxford

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

2 Low Income Apartment Communities In Oxford

Hope Senior Apartments

210 W Drahner Rd
Oxford, Michigan
$666
1 BR

Oxford Squares Apts Kmg Prestige, Inc.

39 N Washington St
Oxford, Michigan
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Housing Authorities that serve Oxford

Housing Authority Programs
Detroit Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation; Family Unification Program (FUP)
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)
Ferndale Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Oxford, Michigan

There are 2 low income housing apartment communities offering 60 affordable apartments for rent in Oxford, Michigan.

Income Based Apartments in Oxford, Michigan

Oxford features 10 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 Oxford, Michigan

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oxford.

Housing Choice Vouchers in Oxford, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Oxford, Michigan for a two-bedroom apartment is between $879 and $1,075.

2020 Oxford, 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
Fair Market Rent $639 $764 $977 $1,266 $1,376
Payment Standard Range $575 to $703 $688 to $840 $879 to $1,075 $1,139 to $1,393 $1,238 to $1,514

Sourced from federal housing data and AffordableHousingOnline.com research.

Oxford, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 60
Total Housing Units with Rental Assistance 10
Percentage of Housing Units Occupied By Renters 34.95%
Average Renter Household Size 1.85
Average Household Size 2.26
Median Household Income $60,219 ±$5,128
Median Rent $744 ±$112
Percentage Of Renters Overburdened 30.19% ± 11.71pp
Total Population 3,495

Population and Household Demographics

Oxford is a city in Oakland County, Michigan with a population of 3,495. There are 1,545 households in the city with an average household size of 2.26 persons. 34.95% of households in Oxford are renters.

Income and Rent Overburden in Oxford

The median gross income for households in Oxford is $60,219 a year, or $5,018 a month. The median rent for the city is $744 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oxford, a household making less than $2,480 a month would be considered overburdened when renting an apartment at or above the median rent. 30.19% of households who rent are overburdened in Oxford.

Area Median Income In Oxford

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 Oxford, the AMI is calculated from all households within Oakland County.

In Oxford, HUD calculates the Area Median Income for a family of four as $78,500

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 Oxford

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 Oxford

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,500 $18,850 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,500 $31,400 $35,350 $39,250 $42,400 $45,550 $48,700 $51,850
80% of Median $44,000 $50,250 $56,550 $62,800 $67,850 $72,850 $77,900 $82,900