About This Property
Village At Park Terrace offers 122 units in Muskegon, Michigan, including 51 designated low-income units designed to serve elderly residents. The property features a mix of 74 one-bedroom and 48 two-bedroom units and has been in service since 2003. This development is financed through 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Muskegon Housing Commission
Includes Hartford Terrace (1-bedroom apartments) and Family Public Housing duplexes (2-bedroom units, families of 2 or more eligible).
Applications for the Section 8 Program are only available when the Waiting List is opened. Announcements of open enrollment can be found in the local paper, the radio and this website.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Muskegon 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 | $716 |
| 1 Bedroom | $811 |
| 2 Bedroom | $1,056 |
| 3 Bedroom | $1,311 |
| 4 Bedroom | $1,406 |
Income Limits - Muskegon County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Muskegon, MI?+
The Fair Market Rent (FMR) for Muskegon County, MI is: $716 (Studio), $811 (1BR), $1056 (2BR), $1311 (3BR), $1406 (4BR). Actual rent at subsidized properties like Village At Park Terrace is typically 30% of household income or less.
What size apartments are available at Village At Park Terrace?+
Village At Park Terrace offers the following unit types: 74 One-Bedroom, 48 Two-Bedroom units, for a total of 122 units.
Is there a waitlist for Village At Park Terrace?+
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 Village At Park Terrace?+
Village At Park Terrace 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 Village At Park Terrace?+
Village At Park Terrace is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Muskegon County, MI?+
For a 4-person household in Muskegon County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
What is the price range for apartments in Muskegon, MI?+
Based on Fair Market Rent for Muskegon County, the estimated price range is: 1-bedroom: $811, 2-bedroom: $1056. Actual rent at Village At Park Terrace may be lower for income-eligible households.
Who is eligible to live at Village At Park Terrace?+
Village At Park Terrace primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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