About This Property
Diamond Place offers 456 units in Grand Rapids, Michigan, with 98 units designated as low-income housing. The property, which opened in 2018, includes a mix of 95 one-bedroom and 28 two-bedroom units and is financed through a 9% Low-Income Housing Tax Credit program. Management and leasing information is available upon request.
Waitlist Information
Waitlist managed by Grand Rapids Housing Commission
Preferences include Veterans, Grand Rapids residents, applicants displaced by government action/fire/lead paint/natural disaster, and those requesting barrier-free units. Most senior housing communities have a minimum age of 55; Ransom Tower Apartments has a minimum age of 62. Waiting lists for specific family developments like Campau Commons, Creston Plaza, and Scattered Sites are currently closed.
The Housing Choice Voucher program is currently closed to new applicants and serving those who applied during October 2023. The agency does not provide waiting list 'position numbers'.
Waitlist data provided by section8waitlist.org
Updated July 28, 2026
Property Details
Fair Market Rent - Kent 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 | $1,093 |
| 1 Bedroom | $1,142 |
| 2 Bedroom | $1,369 |
| 3 Bedroom | $1,785 |
| 4 Bedroom | $1,963 |
Income Limits - Kent County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,200
- Low (80%)
- $69,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,600
- Low (80%)
- $79,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,800
- Low (80%)
- $84,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $28,000 | $44,800 |
| 2 Persons | $19,200 | $32,000 | $51,200 |
| 3 Persons | $21,960 | $36,000 | $57,600 |
| 4 Persons | $26,500 | $40,000 | $64,000 |
| 5 Persons | $31,040 | $43,200 | $69,150 |
| 6 Persons | $35,580 | $46,400 | $74,250 |
| 7 Persons | $40,120 | $49,600 | $79,400 |
| 8 Persons | $44,660 | $52,800 | $84,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Grand Rapids, MI?+
The Fair Market Rent (FMR) for Kent County, MI is: $1093 (Studio), $1142 (1BR), $1369 (2BR), $1785 (3BR), $1963 (4BR). Actual rent at subsidized properties like Diamond Place is typically 30% of household income or less.
What size apartments are available at Diamond Place?+
Diamond Place offers the following unit types: 95 One-Bedroom, 28 Two-Bedroom units, for a total of 456 units.
What is the price range for apartments in Grand Rapids, MI?+
Based on Fair Market Rent for Kent County, the estimated price range is: 1-bedroom: $1142, 2-bedroom: $1369. Actual rent at Diamond Place may be lower for income-eligible households.
How do I apply for housing at Diamond Place?+
Diamond Place 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 are the income limits for affordable housing in Kent County, MI?+
For a 4-person household in Kent County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $64,000. These limits are set by HUD and updated annually.
Is there a waitlist for Diamond Place?+
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.
Who manages Diamond Place?+
Diamond Place is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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