Low Income Apartments and Affordable Housing For Rent in Schoolcraft County, MI

Discover affordable housing in Schoolcraft County where there are 5+ 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.

Manistique Lakeview

701 Park Ave, Manistique, Michigan 49854

Whispering Wind Apartments

600 Cherry Street, Manistique, Michigan 49854

Manistique Lakeview Apartments

701 Park Ave, Manistique, Michigan 49854

Germfask Manistique

900 Steuben St, Manistique, Michigan 49854

Harbor View Towers

400 E Lakeshore Dr, Manistique, Michigan 49854

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Schoolcraft County, Michigan
$17.14/hour
$6.81 (+66%) more than Michigan minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Schoolcraft County, Michigan Affordable Housing ↓

What HUD offices serve Schoolcraft County, 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), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Schoolcraft County, Michigan.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Schoolcraft County, Michigan.

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

How many renters live in Schoolcraft County, Michigan?

The County of Schoolcraft County has 8,062 people living in 3,785 households.

There are 912 renters living in 595 renter households in this County. Renters make up 11.31 percent of the population living in Schoolcraft County.

What is the rental market like in Schoolcraft County, Michigan?

There are an estimated 5,987 housing units in the Schoolcraft County area. Of these, 640 units are rental homes, making up 11 percent of the housing market. For every renter household in Schoolcraft County, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Schoolcraft County?

The rental vacancy rate in Schoolcraft County is 7 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 Schoolcraft County for each bedroom size?

Occupied Rental Units by Size in Schoolcraft County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 239 158 130 57
Occupied Rental Units by Size in Schoolcraft County

A large number of apartments in Schoolcraft County 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 Schoolcraft County are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 6 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 Schoolcraft County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $633
One BR $715
Two BR $905
Three BR $1,214
Four BR $1,283
2024 Fair Market Rents in Schoolcraft County, Michigan

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

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 6 55 percent
One BR 225 94 percent
Two BR 134 85 percent
Rental Units Below FMR in Schoolcraft County, Michigan

How many affordable rental units are in Schoolcraft County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Public Housing 124
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Schoolcraft County, Michigan

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

Income Based Apartments in Schoolcraft County, Michigan

Schoolcraft County features 196 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 Schoolcraft County, Michigan

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Schoolcraft County.

Housing Choice Vouchers in Schoolcraft County, Michigan

On average, Section 8 Housing Choice vouchers pay Schoolcraft County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Schoolcraft County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Schoolcraft County, Michigan for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.