About This Property
Lonerock Apts comprises 32 low-income units in Chesaning, Michigan, including eight one-bedroom and twenty-four two-bedroom apartments. The property has been in service since 1990 and serves residents in Saginaw County.
Property Details
Fair Market Rent - Saginaw 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 | $681 |
| 1 Bedroom | $764 |
| 2 Bedroom | $1,004 |
| 3 Bedroom | $1,295 |
| 4 Bedroom | $1,337 |
Income Limits - Saginaw 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 Chesaning, MI?+
The Fair Market Rent (FMR) for Saginaw County, MI is: $681 (Studio), $764 (1BR), $1004 (2BR), $1295 (3BR), $1337 (4BR). Actual rent at subsidized properties like Lonerock Apts is typically 30% of household income or less.
What size apartments are available at Lonerock Apts?+
Lonerock Apts offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Chesaning, MI?+
Based on Fair Market Rent for Saginaw County, the estimated price range is: 1-bedroom: $764, 2-bedroom: $1004. Actual rent at Lonerock Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Saginaw County, MI?+
For a 4-person household in Saginaw 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.
Who manages Lonerock Apts?+
Lonerock Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lonerock Apts?+
Lonerock 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.