About This Property
Waters Edge Apts comprises 120 low-income rental units in Lansing, Michigan, with a mix of 40 one-bedroom, 64 two-bedroom, and 16 three-bedroom apartments. The property was placed in service in 1997 and is financed through 9% LIHTC credit. Units are available for eligible low-income households.
Waitlist Information
Waitlist managed by Michigan State Housing Development Authority
MSHDA is classified as an HCV-only Public Housing Authority (PHA code MI901) and does not directly administer Public Housing programs.
Applications are only accepted for open waiting lists. Proof of residency in the county for which you apply is required upon your name being drawn off the waiting list for assistance. Preference will be given to those living or working in the county selected.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Eaton 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 | $847 |
| 1 Bedroom | $887 |
| 2 Bedroom | $1,092 |
| 3 Bedroom | $1,423 |
| 4 Bedroom | $1,454 |
Income Limits - Eaton County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,650
- Very Low (50%)
- $27,700
- Low (80%)
- $44,350
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,550
- Low (80%)
- $63,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,750
- Low (80%)
- $68,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,050
- Low (80%)
- $78,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,250
- Low (80%)
- $83,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,650 | $27,700 | $44,350 |
| 2 Persons | $19,000 | $31,650 | $50,650 |
| 3 Persons | $21,960 | $35,600 | $57,000 |
| 4 Persons | $26,500 | $39,550 | $63,300 |
| 5 Persons | $31,040 | $42,750 | $68,400 |
| 6 Persons | $35,580 | $45,900 | $73,450 |
| 7 Persons | $40,120 | $49,050 | $78,500 |
| 8 Persons | $44,660 | $52,250 | $83,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lansing, MI?+
The Fair Market Rent (FMR) for Eaton County, MI is: $847 (Studio), $887 (1BR), $1092 (2BR), $1423 (3BR), $1454 (4BR). Actual rent at subsidized properties like Waters Edge Apts is typically 30% of household income or less.
What size apartments are available at Waters Edge Apts?+
Waters Edge Apts offers the following unit types: 40 One-Bedroom, 64 Two-Bedroom, 16 Three-Bedroom units, for a total of 120 units.
How do I apply for housing at Waters Edge Apts?+
Waters Edge Apts 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.
What is the price range for apartments in Lansing, MI?+
Based on Fair Market Rent for Eaton County, the estimated price range is: 1-bedroom: $887, 2-bedroom: $1092, 3-bedroom: $1423. Actual rent at Waters Edge Apts may be lower for income-eligible households.
Is there a waitlist for Waters Edge Apts?+
Public Housing waitlist is currently Closed. 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.
Who manages Waters Edge Apts?+
Waters Edge Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Eaton County, MI?+
For a 4-person household in Eaton County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,550, Low Income (80% AMI): $63,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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