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Affordable Housing In Taylor
Wayne County, Michigan


Waiting List Openings In Taylor

Waiting ListStatus
Michigan State Housing Development Authority Housing Choice Voucher Open Soon
Michigan State Housing Development Authority Housing Choice Voucher Open Now

4 Low Income Apartment Communities In Taylor

Ponds, The

15111 Pond Village Dr
Taylor, Michigan
Subsidized

Commons of the Village of Taylor

26121 Eureka Rd
Taylor, Michigan
Accepts Vouchers

Southaven Manor

25250 Eureka Rd
Taylor, Michigan
Accepts Vouchers

Maplewood Senior Apartments

15270 S Plaza Dr
Taylor, Michigan
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Housing Authorities that serve Taylor

Housing Authority Programs
Taylor Housing Commission Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)
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)
River Rouge 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)
Ferndale Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Melvindale Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Taylor, Michigan

There are 4 low income housing apartment communities offering 894 affordable apartments for rent in Taylor, Michigan.

Income Based Apartments in Taylor, Michigan

Taylor features 622 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 Taylor, Michigan

There are 272 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taylor.

Housing Choice Vouchers in Taylor, Michigan

On average, Section 8 Housing Choice vouchers pay Taylor landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Taylor.

The maximum amount a voucher would pay on behalf of a low-income tenant in Taylor, Michigan for a two-bedroom apartment is between $879 and $1,075.

2020 Taylor, 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
Fair Market Rent $639 $764 $977 $1,266 $1,376
Payment Standard Range $575 to $703 $688 to $840 $879 to $1,075 $1,139 to $1,393 $1,238 to $1,514

Sourced from federal housing data and AffordableHousingOnline.com research.

Taylor, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 894
Total Housing Units with Rental Assistance 622
Percentage of Housing Units Occupied By Renters 34.49%
Average Renter Household Size 2.56
Average Household Size 2.58
Median Household Income $40,545 ±$1,392
Median Rent $793 ±$22
Percentage Of Renters Overburdened 50.19% ± 4.17pp
Total Population 62,021

Population and Household Demographics

Taylor is a City in Wayne County, Michigan with a population of 62,021. There are 23,742 households in the city with an average household size of 2.58 persons. 34.49% of households in Taylor are renters.

Income and Rent Overburden in Taylor

The median gross income for households in Taylor is $40,545 a year, or $3,379 a month. The median rent for the city is $793 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Taylor, a household making less than $2,643 a month would be considered overburdened when renting an apartment at or above the median rent. 50.19% of households who rent are overburdened in Taylor.1

Area Median Income In Taylor

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 Taylor, the AMI is calculated from all households within Wayne County.

In Taylor, HUD calculates the Area Median Income for a family of four as $76,300

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 Taylor

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 Taylor

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,050 $18,350 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
80% of Median $42,750 $48,850 $54,950 $61,050 $65,950 $70,850 $75,750 $80,600