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Affordable Housing In Perrinton
Gratiot County, Michigan

Housing Authorities that serve Perrinton

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 Perrinton, Michigan

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Perrinton, Michigan.

Income Based Apartments in Perrinton, Michigan

Perrinton features 0 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 Perrinton, Michigan

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

Housing Choice Vouchers in Perrinton, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Perrinton, Michigan for a two-bedroom apartment is between $661 and $807.

2021 Perrinton, 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
Perrinton, Michigan Fair Market Rent $484 $557 $734 $943 $1,094
Perrinton, Michigan Payment Standard Range $436 to $532 $501 to $613 $661 to $807 $849 to $1,037 $985 to $1,203

Sourced from federal housing data and research.

Perrinton, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 39.32%
Average Renter Household Size 3.19
Average Household Size 2.79
Median Household Income $30,000 ±$4,443
Median Rent $718 ±$102
Percentage Of Renters Overburdened 46.91% ± 22.41pp
Total Population 575

Population and Household Demographics

Perrinton is a city in Gratiot County, Michigan with a population of 575. There are 206 households in the city with an average household size of 2.79 persons. 39.32% of households in Perrinton are renters.

Income and Rent Overburden in Perrinton

The median gross income for households in Perrinton is $30,000 a year, or $2,500 a month. The median rent for the city is $718 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Perrinton, a household making less than $2,393 a month would be considered overburdened when renting an apartment at or above the median rent. 46.91% of households who rent are overburdened in Perrinton.

Area Median Income In Perrinton

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 Perrinton, the AMI is calculated from all households within Gratiot County.

In Perrinton, HUD calculates the Area Median Income for a family of four as $58,500

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 Perrinton

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 Perrinton

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 Perrinton 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 Perrinton 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 Perrinton 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