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.
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 people living in households.
There are renters living in 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 housing units in the Saginaw area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Saginaw, Michigan, there are 1.13 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 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 | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance |
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.