Low Income Apartments In Oakland County
The rental rate of apartments for rent in Michigan varies a lot per city, county or location. Here in Oakland County, there are apartments for rent suitable for low income earners.
There are project based subsidized housing in Oakland County Michigan. These apartments offer reduced rent to the tenant that are typically adjusted to 30 percent of the household’s gross income. Subsidized Oakland County apartments are funded through a variety of different means. Housing subsidies are typically classified as tenant based and project based. Tenants must reapply via another program to get another subsidy. This kind of subsidies often involved long waiting periods to access but they are still a much preferred one that tenant based subsidies or also known as the Section 8 or housing choice vouchers.
Project based subsidized housing is the most common housing subsidy and the easiest housing subsidy to get. These offer reduced rent to the tenant, typically adjusted to 30 percent of the household’s gross income. Subsidized apartments are funded through a variety of different means.
Housing subsidies are defined as being “tenant based” or “project based”. The individual or family must reapply through another program to obtain a different subsidy if eligible. While these are in high demand and often involve waiting periods to access, they are still faster than Tenant Based Subsidies, also known as Section 8 or Housing Choice Vouchers.
Below is the link of Oakland County subsidized housing list. Check it out and see if you are ok with it.
Some entries on the list can’t be classified as subsidized properties but they are truly affordable and provided as additional options for low income earners in Michigan. Properties include HUD low income housing, public housing offered by housing authorities.
For more low income apartments in Oakland County, you can check out the following links: