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

Van Buren 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 Van Buren County, MI, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $588 to a high of $718, with an average of $653.
One-bedroom: One-bedroom rental prices vary, with a minimum of $661, a maximum of $807, and an average of $734.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $868, peaking at a maximum of $1,060, and averaging at $964.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,130, a maximum of $1,381, and an average of $1,255.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,156 to a maximum of $1,412, with an average of $1,284.

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 Van Buren 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 Van Buren County, MI, MI Low Rent (90%) $588 $661 $868 $1,130 $1,156
Average Rent $653 $734 $964 $1,255 $1,284
High Rent(110%) $718 $807 $1,060 $1,381 $1,412
2023 Van Buren County, MI, MI Low Rent (90%) $531 $588 $770 $989 $1,034
Average Rent $590 $653 $855 $1,099 $1,149
High Rent (110%) $649 $718 $941 $1,209 $1,264
2022 Van Buren County, MI, MI Low Rent (90%) $505 $572 $714 $948 $1,021
Average Rent $561 $635 $793 $1,053 $1,134
High Rent(110%) $617 $699 $872 $1,158 $1,247


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