About This Property
Riverwalk Meadows in Bay City contains 50 affordable apartments comprising 35 one-bedroom and 15 two-bedroom units. The property has served low-income residents since 1995 and currently operates with 49 low-income units supported by 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Bay City Housing Commission
Preferences include working and local residency; family homes are prioritized by application date, employment status, residency, or displacement by a federally declared disaster. No asset limitations, but prior rental and criminal history are checked.
Rent is based on adjusted gross income with no asset limitations; prior rental and criminal history are checked. A security deposit equal to one month's rent is required, along with a one-year lease term.
Waitlist data provided by section8waitlist.org
Updated September 12, 2026
Property Details
Fair Market Rent - Bay County, MI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $731 |
| 1 Bedroom | $736 |
| 2 Bedroom | $937 |
| 3 Bedroom | $1,246 |
| 4 Bedroom | $1,367 |
Income Limits - Bay County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bay City, MI?+
The Fair Market Rent (FMR) for Bay County, MI is: $731 (Studio), $736 (1BR), $937 (2BR), $1246 (3BR), $1367 (4BR). Actual rent at subsidized properties like Riverwalk Meadows Bay City is typically 30% of household income or less.
What size apartments are available at Riverwalk Meadows Bay City?+
Riverwalk Meadows Bay City offers the following unit types: 35 One-Bedroom, 15 Two-Bedroom units, for a total of 50 units.
Who manages Riverwalk Meadows Bay City?+
Riverwalk Meadows Bay City is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Bay City, MI?+
Based on Fair Market Rent for Bay County, the estimated price range is: 1-bedroom: $736, 2-bedroom: $937. Actual rent at Riverwalk Meadows Bay City may be lower for income-eligible households.
What are the income limits for affordable housing in Bay County, MI?+
For a 4-person household in Bay County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
How do I apply for housing at Riverwalk Meadows Bay City?+
Riverwalk Meadows Bay City is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Riverwalk Meadows Bay City?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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