Affordable Housing In Royal Oak
Oakland County, Michigan

3 Low Income Apartment Communities In Royal Oak

Section 8 Vouchers, Apartments, and Waiting Lists in Royal Oak, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Royal Oak, Michigan

Housing Authority	Programs
Royal Oak Housing Commission	Section 8 Housing Choice Voucher (HCV)
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
Plymouth Housing Commission	Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Rental Assistance Demonstration (RAD); Family Unification Program (FUP)

Guide To Affordable Housing in Royal Oak, Michigan

There are 3 low income housing apartment communities offering 598 affordable apartments for rent in Royal Oak, Michigan.

Income Based Apartments in Royal Oak, Michigan

Royal Oak features 240 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 Royal Oak, Michigan

There are 147 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Royal Oak.

Housing Choice Vouchers in Royal Oak, Michigan

On average, Section 8 Housing Choice vouchers pay Royal Oak landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Royal Oak.

The maximum amount a voucher would pay on behalf of a low-income tenant in Royal Oak, Michigan for a two-bedroom apartment is between $976 and $1,192.

2022 Royal Oak, 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
Royal Oak, Michigan Fair Market Rent	$733	$848	$1,084	$1,371	$1,473
Royal Oak, Michigan Payment Standard Range	$660 to $806	$763 to $933	$976 to $1,192	$1,234 to $1,508	$1,326 to $1,620

Sourced from federal housing data and AffordableHousingOnline.com research.

Royal Oak, MI Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	598
Total Housing Units with Rental Assistance	240
Percentage of Housing Units Occupied By Renters	33.07%
Average Renter Household Size	1.78
Average Household Size	2.06
Median Household Income	$65,786 ±$1,691
Median Rent	$898 ±$35
Percentage Of Renters Overburdened	31.92% ± 3.38pp
Total Population	58,689

Population and Household Demographics

Royal Oak is a city in Oakland County, Michigan with a population of 58,689. There are 28,371 households in the city with an average household size of 2.06 persons. 33.07% of households in Royal Oak are renters.

Income and Rent Overburden in Royal Oak

The median gross income for households in Royal Oak is $65,786 a year, or $5,482 a month. The median rent for the city is $898 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Royal Oak, a household making less than $2,993 a month would be considered overburdened when renting an apartment at or above the median rent. 31.92% of households who rent are overburdened in Royal Oak.

Area Median Income In Royal Oak

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

In Royal Oak, HUD calculates the Area Median Income for a family of four as $80,000

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 Royal Oak

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 Royal Oak

	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 Royal Oak AMI may qualify for rental assistance programs that target Extremely Low Income households.	$16,800	$19,200	$21,960	$26,500	$31,040	$35,580	$40,120	$44,660
50% AMI Income Limits Renters earning up to 50% of the Royal Oak AMI may qualify for rental assistance programs that target Very Low Income households.	$28,000	$32,000	$36,000	$40,000	$43,200	$46,400	$49,600	$52,800
80% AMI Income Limits Renters earning up to 80% of the Royal Oak AMI may qualify for rental assistance programs that target Low Income households.	$44,800	$51,200	$57,600	$64,000	$69,150	$74,250	$79,400	$84,500