About This Property
Horizon Apts offers 24 one-bedroom units designated as low-income housing in Mio, Michigan. The property has been in service since 2002 and serves residents in Oscoda County.
Property Details
Fair Market Rent - Oscoda 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 | $633 |
| 1 Bedroom | $702 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,151 |
| 4 Bedroom | $1,283 |
Income Limits - Oscoda 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 Mio, MI?+
The Fair Market Rent (FMR) for Oscoda County, MI is: $633 (Studio), $702 (1BR), $905 (2BR), $1151 (3BR), $1283 (4BR). Actual rent at subsidized properties like Horizon Apts is typically 30% of household income or less.
What size apartments are available at Horizon Apts?+
Horizon Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
Who manages Horizon Apts?+
Horizon Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Oscoda County, MI?+
For a 4-person household in Oscoda 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.
How do I apply for housing at Horizon Apts?+
Horizon 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.
What is the price range for apartments in Mio, MI?+
Based on Fair Market Rent for Oscoda County, the estimated price range is: 1-bedroom: $702. Actual rent at Horizon Apts may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.