Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Penn Avenue Apts

724 N Pennsylvania Ave Apt 5, Lansing, MI, 48906

Information verified April 17, 2026ยทWe re-check waiting list status daily

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About This Property

Penn Avenue Apts comprises 20 low-income units in Lansing, Michigan, with a mix of 12 one-bedroom and 8 two-bedroom apartments. The property has been in service since 2001 and is owned and operated by a non-profit organization. Residents of Ingham County can contact the property directly for rental inquiries and availability information.

Waitlist Information

Waitlist managed by Michigan State Housing Development Authority

Public Housing Waitlist
Closed

MSHDA is classified as an HCV-only Public Housing Authority (PHA code MI901) and does not directly administer Public Housing programs.

Last verified February 20, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

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.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
20
1 Bedroom
12
2 Bedroom
8

Fair Market Rent - Ingham County, MI

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$847
1 Bedroom$887
2 Bedroom$1,092
3 Bedroom$1,423
4 Bedroom$1,454

Income Limits - Ingham County, MI

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,650
Very Low (50%)
$27,700
Low (80%)
$44,350
2 Persons
Extremely Low (30%)
$19,000
Very Low (50%)
$31,650
Low (80%)
$50,650
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$35,600
Low (80%)
$57,000
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$39,550
Low (80%)
$63,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$42,750
Low (80%)
$68,400
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$45,900
Low (80%)
$73,450
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,050
Low (80%)
$78,500
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,250
Low (80%)
$83,600

Tax Credit Program Details

Year Placed in Service
2001
LIHTC Credit Type
3
Low-Income Units
20 / 20
Designations
Non-ProfitQualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Lansing, MI?+

The Fair Market Rent (FMR) for Ingham County, MI is: $847 (Studio), $887 (1BR), $1092 (2BR), $1423 (3BR), $1454 (4BR). Actual rent at subsidized properties like Penn Avenue Apts is typically 30% of household income or less.

What size apartments are available at Penn Avenue Apts?+

Penn Avenue Apts offers the following unit types: 12 One-Bedroom, 8 Two-Bedroom units, for a total of 20 units.

Is there a waitlist for Penn Avenue 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.

What are the income limits for affordable housing in Ingham County, MI?+

For a 4-person household in Ingham 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.

How do I apply for housing at Penn Avenue Apts?+

Penn Avenue 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.

Who manages Penn Avenue Apts?+

Penn Avenue Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Lansing, MI?+

Based on Fair Market Rent for Ingham County, the estimated price range is: 1-bedroom: $887, 2-bedroom: $1092. Actual rent at Penn Avenue Apts may be lower for income-eligible households.

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Walk Score

Very Walkable

70
Walk
45
Transit
64
Bike

Nearby Schools

7,8,9,10,11,12
PK,4,5,6
KG,1,2,3,4,5,6,7,8
PK,KG,1,2,3
KG,1,2,3,4,5,6
4,5,6
KG,1,2,3,4,5,6,7,8,9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Ingham County, MI

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Housing Resources in Lansing, MI

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