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

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Discover affordable housing in Monroe where there are 19+ 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.

Woodcraft Square

800 W Seventh Street, Monroe, Michigan 48161

bed1-3

Frenchtown Place

1201 N Macomb Street, Monroe, Michigan 48162

bed1-2

Mable H Kehres Apartments

15275 South Dixie Highway, Monroe, Michigan 48161

bed1-2

Samaritas Affordable Living of Monroe

1600 A Park Ct, Monroe, Michigan 48162

bed1-3

817 Detroit Ave

817 Detroit Ave, Monroe, Michigan 48162

bed2

payment$800/mo.

739 Washington St Unit 215

739 Washington St Unit 215, Monroe, Michigan 48161

739 Washington St Unit 203

739 Washington St Unit 203, Monroe, Michigan 48161

bed1

payment$820/mo.

920 E Front St Unit 3

920 E Front St Unit 3, Monroe, Michigan 48161

bed1

payment$795/mo.

739 Washington St Unit 201

739 Washington St Unit 201, Monroe, Michigan 48161

bed1

payment$820/mo.

1633 Bayview Dr Unit 1

1633 Bayview Dr, Monroe, Michigan 48161

bed2

payment$1000/mo.

739 Washington St Unit 214

739 Washington St Unit 214, Monroe, Michigan 48161

bed1

payment$865/mo.

Creekside Village

1236 S Monroe St, Monroe, Michigan 48161

Charring Square

6123 Greenwycke Ln, Monroe, Michigan 48161

Norman Towers

810 W. Elm Ave, Monroe, Michigan 48162

bedStudio-2

Greenwood Townhouses

717 Roeder St, Monroe, Michigan 48162

bed2-4

River Park Greenwood

20 N Roessler St, Monroe, Michigan 48162

bedStudio

Landings, The

1101 Cedar Creek Dr, Monroe, Michigan 48162

Elm House

852 W Elm Ave, Monroe, Michigan 48162

Park West Club Apartments

1733 Renard Dr, Monroe, Michigan 48162

How To Identify Affordable Housing in Monroe, 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.

Back to rentals ↑

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

$22.03/hour

$11.70

(+113%) more thanMichigan minimum wage and

$14.78

(+204%) more than the Federal minimum wage.

Learn More About Monroe, Michigan AffordableHousing ↓

What HUD offices serve Monroe, 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.

Monroe Housing Commission

Operates the Public Housing programs for Monroe, Michigan.

Ann Arbor Housing Commission

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Moving to Work, Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD) programs for Monroe, Michigan.

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 Monroe, Michigan.

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

How many renters live in Monroe, Michigan?

The City of Monroe has 20,400people living in 8,532 households.

There are 5,463 renters living in2,749 renter households in thisCity. Renters make up 26.78percent of the population living in Monroe.

What is the rental market like in Monroe, Michigan?

There are an estimated 9,011 housing units in theMonroe area. Of these, 2,821 units are rentalhomes, making up 31 percent of the housing market. Forevery renter household in Monroe, Michigan, there are1 rental units.

What is the vacancy rate for rentals in Monroe?

The rental vacancy rate in Monroe 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 Monroe for each bedroom size?

Occupied Rental Units by Size in Monroe
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
1437511,06065188

Occupied Rental Units by Size in Monroe

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

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

Among renter households in this market, 49percent havehousing cost burden. Further, 27percent 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 Monroe

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $788 to $1,885. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$788
One BR$885
Two BR$1,163
Three BR$1,452
Four BR$1,885

2024 Fair Market Rents in Monroe, Michigan

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

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
Studio2820 percent
One BR52270 percent
Two BR69165 percent

Rental Units Below FMR in Monroe, Michigan

How many affordable rental units are in Monroe?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit294
Public Housing262
Section 8 Project-Based Rental Assistance281
Tracked Units by Federal Program in Monroe, Michigan

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

Income Based Apartments in Monroe, Michigan

Monroe features 746 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Monroe, Michigan

There are 726 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Monroe.

Housing Choice Vouchers in Monroe, Michigan

On average, Section 8 Housing Choice vouchers pay Monroe landlords$600 per month towards rent. The average voucher holdercontributes $300 towards rent inMonroe.

The maximum amount a voucher would pay on behalf of a low-income tenant in Monroe, Michigan fora two-bedroom apartment is between $1,047 and $1,279.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Know your rights as a Section 8 tenant.

Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.

What Renters Say About Us

Gordon Gross says:

"The best feature of Affordable Housing Online is being notified by email when a waiting list opens, or is scheduled to do so. I'm very grateful for this website's services."

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