Low Income Apartments and Affordable Housing For Rent in Saginaw, MI

Discover affordable housing in Saginaw where there are 31+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

South Saginaw Homes

1026 Huntley Rd, Saginaw, Michigan 48601

South Colony Place Seniors

180 S Colony Dr, Saginaw, Michigan 48638

Buena Vista

4530 Hess Ave , Saginaw, Michigan 48601

St Pauls Townhouses Village

359 Vestry Dr, Saginaw, Michigan 48601

Northfield Center

2750 Northfield Ct, Saginaw, Michigan 48601

Westchester Village East

4000 Harold St, Saginaw, Michigan 48601

Together With Friends

6079 Foxwood Ct, Saginaw, Michigan 48638

Lakeside Village

4370 Lakeside Cir, Saginaw, Michigan 48603

Joan Manley Wolfe Apartments

4235 McCarty Rd, Saginaw, Michigan 48603

Swanhaven Manor

300 Kennely Rd, Saginaw, Michigan 48609

Birch Park Apartments

3000 Birch Park Dr, Saginaw, Michigan 48601

South Saginaw Homes

3700 Sheridan Rd, Saginaw, Michigan 48601

Westchester Village Apartments North

3200 Dale Rd, Saginaw, Michigan 48603

Elmwood Manor

2814 E Genesee Ave, Saginaw, Michigan 48601

Pinewood Manor

2715 S Jefferson Ave, Saginaw, Michigan 48601

Maplewood Manor

535 S Warren Ave, Saginaw, Michigan 48607

Rosien Towers

310 S Harrison St, Saginaw, Michigan 48602

Mapleview Apartments

1224 Genei Ct W, Saginaw, Michigan 48601

Anchor Bay (Woodland Glen)

3926 Hermansau Dr, Saginaw, Michigan 48603

Crossings at Buena Vista, The

3670 Hess Ave, Saginaw, Michigan 48601

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Saginaw, Michigan
$19.02/hour
$8.69 (+84%) more than Michigan minimum wage and $11.77 (+162%) more than the Federal minimum wage.
Learn More About Saginaw, Michigan Affordable Housing ↓

What HUD offices serve Saginaw, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for Saginaw, Michigan.

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Saginaw.

How many renters live in Saginaw, Michigan?

The City of Saginaw has 44,316 people living in 17,520 households.

There are 19,748 renters living in 7,636 renter households in this City. Renters make up 44.56 percent of the population living in Saginaw.

What is the rental market like in Saginaw, Michigan?

There are an estimated 20,744 housing units in the Saginaw area. Of these, 8,608 units are rental homes, making up 41 percent of the housing market. For every renter household in Saginaw, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Saginaw?

The rental vacancy rate in Saginaw is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Saginaw for each bedroom size?

Occupied Rental Units by Size in Saginaw
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
216 1,597 2,531 2,697 500
Occupied Rental Units by Size in Saginaw

A large number of apartments in Saginaw have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Saginaw are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 32 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Saginaw

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $681 to $1,337. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $681
One BR $764
Two BR $1,004
Three BR $1,295
Four BR $1,337
2024 Fair Market Rents in Saginaw, Michigan

How many units are rented at Fair Market Rent (FMR) in Saginaw?

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 169 78 percent
One BR 1,248 78 percent
Two BR 2,172 86 percent
Rental Units Below FMR in Saginaw, Michigan

How many affordable rental units are in Saginaw?

There are a variety of federal affordable housing programs serving households in Saginaw, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 642
Public Housing 627
Section 8 Project-Based Rental Assistance 434
Tracked Units by Federal Program in Saginaw, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Saginaw, Michigan

Saginaw features 1,884 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 Saginaw, Michigan

There are 1,028 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saginaw.

Housing Choice Vouchers in Saginaw, Michigan

On average, Section 8 Housing Choice vouchers pay Saginaw landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Saginaw.

The maximum amount a voucher would pay on behalf of a low-income tenant in Saginaw, Michigan for a two-bedroom apartment is between $904 and $1,104.

Sourced from federal housing data and AffordableHousingOnline.com research.