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Affordable Housing In Vassar
Tuscola County, Michigan


Waiting List Openings In Vassar

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

5 Low Income Apartment Communities In Vassar

Valley Green Apartments

240 Shirley St
Vassar, Michigan
Subsidized

Sandy Hill Apartments

250 Leona St
Vassar, Michigan
Accepts Vouchers

Village Place Apartments CO Stratford Group

651 Hixon Pl
Vassar, Michigan
Accepts Vouchers

Manor Ridge Apartments

690 Welsh Blvd
Vassar, Michigan
Accepts Vouchers

Sandy Hill II Apartments

264 Leona St
Vassar, Michigan
Accepts Vouchers
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Housing Authorities that serve Vassar

Housing Authority Programs
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)

Guide To Affordable Housing in Vassar, Michigan

There are 5 low income housing apartment communities offering 152 affordable apartments for rent in Vassar, Michigan.

Income Based Apartments in Vassar, Michigan

Vassar features 32 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 Vassar, Michigan

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vassar.

Housing Choice Vouchers in Vassar, Michigan

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Vassar, Michigan for a two-bedroom apartment is between $642 and $784.

2020 Vassar, 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 $465 $582 $713 $960 $1,040
Payment Standard Range $419 to $512 $524 to $640 $642 to $784 $864 to $1,056 $936 to $1,144

Sourced from federal housing data and AffordableHousingOnline.com research.

Vassar, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 152
Total Housing Units with Rental Assistance 32
Percentage of Housing Units Occupied By Renters 39.09%
Average Renter Household Size 2.17
Average Household Size 2.35
Median Household Income $38,029 ±$7,518
Median Rent $593 ±$53
Percentage Of Renters Overburdened 52.53% ± 13.97pp
Total Population 2,648

Population and Household Demographics

Vassar is a city in Tuscola County, Michigan with a population of 2,648. There are 1,013 households in the city with an average household size of 2.35 persons. 39.09% of households in Vassar are renters.

Income and Rent Overburden in Vassar

The median gross income for households in Vassar is $38,029 a year, or $3,169 a month. The median rent for the city is $593 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Vassar, a household making less than $1,977 a month would be considered overburdened when renting an apartment at or above the median rent. 52.53% of households who rent are overburdened in Vassar.

Area Median Income In Vassar

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 Vassar, the AMI is calculated from all households within Tuscola County.

In Vassar, HUD calculates the Area Median Income for a family of four as $58,400

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 Vassar

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 Vassar

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,450 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $42,200
50% of Median $22,400 $25,600 $28,800 $31,950 $34,550 $37,100 $39,650 $42,200
80% of Median $35,800 $40,900 $46,000 $51,100 $55,200 $59,300 $63,400 $67,500