About This Property
Stratford Place contains 53 low-income residential units in Midland, Michigan, with a mix of 21 one-bedroom and 32 two-bedroom apartments. The property has been in service since 1994 and utilizes 9% Low-Income Housing Tax Credits to support its affordability. Inquiries about residency and availability can be directed to the property management office.
Property Details
Fair Market Rent - Midland 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 | $814 |
| 1 Bedroom | $820 |
| 2 Bedroom | $1,074 |
| 3 Bedroom | $1,409 |
| 4 Bedroom | $1,439 |
Income Limits - Midland County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,600
- Low (80%)
- $49,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,350
- Low (80%)
- $66,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,400
- Low (80%)
- $71,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,500
- Low (80%)
- $80,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,800 | $42,850 |
| 2 Persons | $18,400 | $30,600 | $49,000 |
| 3 Persons | $21,960 | $34,450 | $55,100 |
| 4 Persons | $26,500 | $38,250 | $61,200 |
| 5 Persons | $31,040 | $41,350 | $66,100 |
| 6 Persons | $35,580 | $44,400 | $71,000 |
| 7 Persons | $40,120 | $47,450 | $75,900 |
| 8 Persons | $44,660 | $50,500 | $80,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Midland, MI?+
The Fair Market Rent (FMR) for Midland County, MI is: $814 (Studio), $820 (1BR), $1074 (2BR), $1409 (3BR), $1439 (4BR). Actual rent at subsidized properties like Stratford Place is typically 30% of household income or less.
What size apartments are available at Stratford Place?+
Stratford Place offers the following unit types: 21 One-Bedroom, 32 Two-Bedroom units, for a total of 53 units.
How do I apply for housing at Stratford Place?+
Stratford 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.
Who manages Stratford Place?+
Stratford Place is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Midland, MI?+
Based on Fair Market Rent for Midland County, the estimated price range is: 1-bedroom: $820, 2-bedroom: $1074. Actual rent at Stratford Place may be lower for income-eligible households.
What are the income limits for affordable housing in Midland County, MI?+
For a 4-person household in Midland County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,250, Low Income (80% AMI): $61,200. These limits are set by HUD and updated annually.
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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