About This Property
Pine Lake Apts comprises 95 low-income units in Waterford, Michigan, with 48 one-bedroom and 47 two-bedroom floor plans. The property has been in service since 1998 and serves Oakland County residents. For more information about availability and leasing, interested parties may contact the property management office.
Property Details
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waterford, 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 Pine Lake Apts is typically 30% of household income or less.
What size apartments are available at Pine Lake Apts?+
Pine Lake Apts offers the following unit types: 48 One-Bedroom, 47 Two-Bedroom units, for a total of 95 units.
Who manages Pine Lake Apts?+
Pine Lake Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Waterford, MI?+
Based on Fair Market Rent for Oakland County, the estimated price range is: 1-bedroom: $1019, 2-bedroom: $1291. Actual rent at Pine Lake Apts 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.
How do I apply for housing at Pine Lake Apts?+
Pine Lake Apts 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Pine Lake Apts
Waterford West Apts
Waterford, MI
148 UnitsLockwood of Waterford
Waterford, MI
126 UnitsWoodlake Hills I
Pontiac, MI
72 UnitsThe Crossing At Auburn Hills Ii
Pontiac, MI
48 UnitsThe Crossing At Auburn Hills I
Pontiac, MI
144 UnitsNorth Hills Farms
Pontiac, MI
525 Units