Low Income Apartments and Affordable Housing For Rent in Gaylord, MI (2024)

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Discover affordable housing in Gaylord where there are 12+ 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.

Gaslight Square Apartments

1231 Village Pkwy, Gaylord, Michigan 49735

Alpine Alten Zimmer

120 Grandview Blvd, Gaylord, Michigan 49735

Alpine Haus

504 Random Ln, Gaylord, Michigan 49735

Sheldon Place Apartments

910 W Sheldon St, Gaylord, Michigan 49735

bed1-2

Green Meadows Apartments

900 Northmeadow Dr, Gaylord, Michigan 49735

bed2

payment$862/mo.

3593 Old US Highway 27 S Unit 4

3593 Old US Highway 27 S Unit 4, Gaylord, Michigan 49735

bed2

payment$1000/mo.

Aspen I Apartments

500 W North St, Gaylord, Michigan 49735

Park Meadow

1316 Park Meadow Dr, Gaylord, Michigan 49735

Little Village C/O Kmg Prestige

410 S Center St, Gaylord, Michigan

Mf - Dev Green Meadows

572 W North St, Gaylord, Michigan 49735

Green Meadows of Gaylord

802 Northmeadow Dr, Gaylord, Michigan 49735

How To Identify Affordable Housing in Gaylord, Michigan

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

real_estate_agentNaturally Affordable

Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InGaylord, Michigan

$19.02/hour

$8.69

(+84%) more thanMichigan minimum wage and

$11.77

(+162%) more than the Federal minimum wage.

Learn More About Gaylord, Michigan AffordableHousing ↓

What HUD offices serve Gaylord, Michigan?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Michigan State Housing Development Authority

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 Gaylord, Michigan.

Go to theMichiganPublic Housing and Low-Income Apartments Waiting Lists page for openings near Gaylord.

How many renters live in Gaylord, Michigan?

The City of Gaylord has 4,261people living in 2,217 households.

There are 2,381 renters living in1,547 renter households in thisCity. Renters make up 55.88percent of the population living in Gaylord.

What is the rental market like in Gaylord, Michigan?

There are an estimated 2,381 housing units in theGaylord area. Of these, 1,590 units are rentalhomes, making up 67 percent of the housing market. Forevery renter household in Gaylord, Michigan, there are1 rental units.

What is the vacancy rate for rentals in Gaylord?

The rental vacancy rate in Gaylord is 3 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Gaylord for each bedroom size?

Occupied Rental Units by Size in Gaylord
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1805925961370

Occupied Rental Units by Size in Gaylord

A large number of apartments in Gaylord have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Gaylord are overburdened by housing costs?

Among renter households in this market, 49percent havehousing cost burden. Further, 15percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Gaylord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $702 to $1,546. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$702
One BR$764
Two BR$1,004
Three BR$1,347
Four BR$1,546

2024 Fair Market Rents in Gaylord, Michigan

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio11061 percent
One BR36862 percent
Two BR35059 percent

Rental Units Below FMR in Gaylord, Michigan

How many affordable rental units are in Gaylord?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit525
Section 8 Project-Based Rental Assistance96
USDA Section 515 Rural Rental Housing196
Tracked Units by Federal Program in Gaylord, Michigan

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

Income Based Apartments in Gaylord, Michigan

Gaylord features 246 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Gaylord, Michigan

There are 218 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Gaylord.

Housing Choice Vouchers in Gaylord, Michigan

On average, Section 8 Housing Choice vouchers pay Gaylord landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inGaylord.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaylord, Michigan fora two-bedroom apartment is between $904 and $1,104.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

If you're a homeless veteran, contact your VA Medical Center.

You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.

What Renters Say About Us

Luann McCarthy says:

"There are many apartments to view on Affordable Housing Online."

Low Income Apartments and Affordable Housing For Rent in Gaylord, MI (2024)
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