What HUD offices serve Sault Ste. Marie, 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 Sault Ste. Marie.
How many renters live in Sault Ste. Marie, Michigan?
The City of Sault Ste. Marie has 13,409 people living in 5,787 households.
There are 4,409 renters living in 2,363 renter households in this City. Renters make up 32.88 percent of the population living in Sault Ste. Marie.
What is the rental market like in Sault Ste. Marie, Michigan?
There are an estimated 6,499 housing units in the Sault Ste. Marie area. Of these, 2,647 units are rental homes, making up 41 percent of the housing market. For every renter household in Sault Ste. Marie, Michigan, there are 1 rental units.
What is the vacancy rate for rentals in Sault Ste. Marie?
The rental vacancy rate in Sault Ste. Marie 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 Sault Ste. Marie for each bedroom size?
Occupied Rental Units by Size in Sault Ste. Marie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 158 | 751 | 821 | 466 | 133 |
Occupied Rental Units by Size in Sault Ste. Marie
A large number of apartments in Sault Ste. Marie 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 Sault Ste. Marie are overburdened by housing costs?
Among renter households in this market, 42 percent have housing cost burden. Further, 17 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 Sault Ste. Marie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $697 to $1,369. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $697 |
| One BR | $782 |
| Two BR | $1,028 |
| Three BR | $1,243 |
| Four BR | $1,369 |
2024 Fair Market Rents in Sault Ste. Marie, Michigan
How many units are rented at Fair Market Rent (FMR) in Sault Ste. Marie?
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 | 89 | 56 percent |
| One BR | 479 | 64 percent |
| Two BR | 471 | 57 percent |
Rental Units Below FMR in Sault Ste. Marie, Michigan
How many affordable rental units are in Sault Ste. Marie?
There are a variety of federal affordable housing programs serving households in Sault Ste. Marie, Michigan including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 261 |
| Public Housing | 263 |
| Section 8 Project-Based Rental Assistance | 180 |
| USDA Section 515 Rural Rental Housing | 80 |
Tracked Units by Federal Program in Sault Ste. Marie, Michigan
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sault Ste. Marie, Michigan
Sault Ste. Marie features 228 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 Sault Ste. Marie, Michigan
There are 53 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sault Ste. Marie.
Housing Choice Vouchers in Sault Ste. Marie, Michigan
On average, Section 8 Housing Choice vouchers pay Sault Ste. Marie landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Sault Ste. Marie.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sault Ste. Marie, Michigan for a two-bedroom apartment is between $925 and $1,131.
Sourced from federal housing data and AffordableHousingOnline.com research.
