The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Arenac County, MI, MI

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Arenac County, MI, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $570 to a high of $696, with an average of $633.
One-bedroom: One-bedroom rental prices vary, with a minimum of $620, a maximum of $758, and an average of $689.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $815, peaking at a maximum of $996, and averaging at $905.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,148, a maximum of $1,403, and an average of $1,275.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,159 to a maximum of $1,417, with an average of $1,288.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Arenac County, MI Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Arenac County, MI, MI Low Rent (90%) $570 $620 $815 $1,148 $1,159
Average Rent $633 $689 $905 $1,275 $1,288
High Rent(110%) $696 $758 $996 $1,403 $1,417
2023 Arenac County, MI, MI Low Rent (90%) $518 $583 $743 $1,053 $1,125
Average Rent $576 $648 $826 $1,170 $1,250
High Rent (110%) $634 $713 $909 $1,287 $1,375
2022 Arenac County, MI, MI Low Rent (90%) $467 $539 $681 $939 $1,058
Average Rent $519 $599 $757 $1,043 $1,175
High Rent(110%) $571 $659 $833 $1,147 $1,293
2021 Arenac County, MI, MI Low Rent (90%) $447 $529 $661 $887 $1,064
Average Rent $497 $588 $734 $985 $1,182
High Rent (110%) $547 $647 $807 $1,084 $1,300
2020 Arenac County, MI, MI Low Rent (90%) $419 $517 $642 $858 $1,057
Average Rent $465 $574 $713 $953 $1,174
High Rent(110%) $512 $631 $784 $1,048 $1,291
2019 Arenac County, MI, MI Low Rent (90%) $440 $505 $630 $839 $1,067
Average Rent $489 $561 $700 $932 $1,186
High Rent (110%) $538 $617 $770 $1,025 $1,305
2018 Arenac County, MI, MI Low Rent (90%) $446 $492 $627 $830 $1,094
Average Rent $495 $547 $697 $922 $1,215
High Rent(110%) $545 $602 $767 $1,014 $1,337
2017 Arenac County, MI, MI Low Rent (90%) $434 $486 $613 $832 $1,080
Average Rent $482 $540 $681 $924 $1,200
High Rent (110%) $530 $594 $749 $1,016 $1,320


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