About This Property
Devon Square offers 60 low-income residential units in Ferndale, Michigan, serving families and elderly residents. The property includes 48 one-bedroom and 12 two-bedroom apartments and has been in service since 2010 with 4% Low Income Housing Tax Credit financing.
Waitlist Information
Waitlist managed by Ferndale Housing Commission
The Ferndale Housing Commission operates low-income public housing. Preferences may apply for those living or working in the City of Ferndale, age 62 or older, or with a disability.
The Housing Choice Voucher Program (Section 8) is open to families who qualify as "low-income" (80% or less of area median income). Preferences may apply for those living or working in Wayne/Oakland/Macomb counties, age 62 or older, or with a disability.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Oakland 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 | $920 |
| 1 Bedroom | $1,019 |
| 2 Bedroom | $1,291 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,719 |
Income Limits - Oakland 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 Ferndale, MI?+
The Fair Market Rent (FMR) for Oakland County, MI is: $920 (Studio), $1019 (1BR), $1291 (2BR), $1595 (3BR), $1719 (4BR). Actual rent at subsidized properties like Devon Square is typically 30% of household income or less.
What size apartments are available at Devon Square?+
Devon Square offers the following unit types: 48 One-Bedroom, 12 Two-Bedroom units, for a total of 60 units.
What is the HUD inspection score for Devon Square?+
Devon Square has a HUD inspection score of 98 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Is there a waitlist for Devon Square?+
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.
How do I apply for housing at Devon Square?+
Devon 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.
What is the price range for apartments in Ferndale, MI?+
Based on Fair Market Rent for Oakland County, the estimated price range is: 1-bedroom: $1019, 2-bedroom: $1291. Actual rent at Devon Square may be lower for income-eligible households.
What are the income limits for affordable housing in Oakland County, MI?+
For a 4-person household in Oakland 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.
Who manages Devon Square?+
Devon Square is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Devon Square?+
Devon Square primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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