About This Property
Royal Oak Apts II comprises 24 low-income rental units in Durand, Michigan, including eight 1-bedroom and sixteen 2-bedroom apartments. The property has been in service since 1987 and is financed through 4% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property contact information.
Property Details
Fair Market Rent - Shiawassee 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,221 |
| 4 Bedroom | $1,278 |
Income Limits - Shiawassee County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durand, MI?+
The Fair Market Rent (FMR) for Shiawassee County, MI is: $684 (Studio), $689 (1BR), $905 (2BR), $1221 (3BR), $1278 (4BR). Actual rent at subsidized properties like Royal Oak Apts Ii is typically 30% of household income or less.
What size apartments are available at Royal Oak Apts Ii?+
Royal Oak Apts Ii offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
How do I apply for housing at Royal Oak Apts Ii?+
Royal Oak Apts Ii 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 Royal Oak Apts Ii?+
Royal Oak Apts Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Durand, MI?+
Based on Fair Market Rent for Shiawassee County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Royal Oak Apts Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Shiawassee County, MI?+
For a 4-person household in Shiawassee County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.