About This Property
Phelps Square offers 24 low-income units in Ishpeming, Michigan, with a mix of one, two, and three-bedroom floor plans serving families and disabled residents. The property has been in service since 2015 and receives HOME funding support. Eight units each of the available bedroom sizes provide options for households of varying sizes.
Waitlist Information
Waitlist managed by Ishpeming Housing Commission
The IHC does not have a preference. Qualified applicants will be placed by the date and time the pre-application is received.
The Section 8 waitlist in Ishpeming, MI is closed.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Marquette 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 | $714 |
| 1 Bedroom | $876 |
| 2 Bedroom | $1,054 |
| 3 Bedroom | $1,274 |
| 4 Bedroom | $1,789 |
Income Limits - Marquette County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,800
- Low (80%)
- $68,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,550
- Low (80%)
- $72,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,650 |
| 2 Persons | $17,420 | $27,600 | $44,200 |
| 3 Persons | $21,960 | $31,050 | $49,700 |
| 4 Persons | $26,500 | $34,500 | $55,200 |
| 5 Persons | $31,040 | $37,300 | $59,650 |
| 6 Persons | $35,580 | $40,050 | $64,050 |
| 7 Persons | $40,120 | $42,800 | $68,450 |
| 8 Persons | $44,660 | $45,550 | $72,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ishpeming, MI?+
The Fair Market Rent (FMR) for Marquette County, MI is: $714 (Studio), $876 (1BR), $1054 (2BR), $1274 (3BR), $1789 (4BR). Actual rent at subsidized properties like Phelps Square is typically 30% of household income or less.
What size apartments are available at Phelps Square?+
Phelps Square offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Ishpeming, MI?+
Based on Fair Market Rent for Marquette County, the estimated price range is: 1-bedroom: $876, 2-bedroom: $1054, 3-bedroom: $1274. Actual rent at Phelps Square may be lower for income-eligible households.
Who is eligible to live at Phelps Square?+
Phelps Square primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Phelps Square?+
Phelps Square is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Marquette County, MI?+
For a 4-person household in Marquette County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,500, Low Income (80% AMI): $55,200. These limits are set by HUD and updated annually.
Is there a waitlist for Phelps Square?+
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.
How do I apply for housing at Phelps Square?+
Phelps Square 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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