About This Property
South Street Apts provides 24 low-income residential units in Lawrence, Michigan, with a mix of twelve 1-bedroom and twelve 2-bedroom floor plans. The property has been in service since 1991 and operates in Van Buren County.
Property Details
Fair Market Rent - Van Buren 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 | $653 |
| 1 Bedroom | $734 |
| 2 Bedroom | $964 |
| 3 Bedroom | $1,255 |
| 4 Bedroom | $1,284 |
Income Limits - Van Buren County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $31,000
- Low (80%)
- $49,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,800
- Low (80%)
- $66,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,900
- Low (80%)
- $71,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,000
- Low (80%)
- $76,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,100
- Low (80%)
- $81,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,100 | $43,350 |
| 2 Persons | $18,600 | $31,000 | $49,550 |
| 3 Persons | $21,960 | $34,850 | $55,750 |
| 4 Persons | $26,500 | $38,700 | $61,900 |
| 5 Persons | $31,040 | $41,800 | $66,900 |
| 6 Persons | $35,580 | $44,900 | $71,850 |
| 7 Persons | $40,120 | $48,000 | $76,800 |
| 8 Persons | $44,660 | $51,100 | $81,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lawrence, MI?+
The Fair Market Rent (FMR) for Van Buren County, MI is: $653 (Studio), $734 (1BR), $964 (2BR), $1255 (3BR), $1284 (4BR). Actual rent at subsidized properties like South Street Apts is typically 30% of household income or less.
What size apartments are available at South Street Apts?+
South Street Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Van Buren County, MI?+
For a 4-person household in Van Buren County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,700, Low Income (80% AMI): $61,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Lawrence, MI?+
Based on Fair Market Rent for Van Buren County, the estimated price range is: 1-bedroom: $734, 2-bedroom: $964. Actual rent at South Street Apts may be lower for income-eligible households.
Who manages South Street Apts?+
South Street Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at South Street Apts?+
South Street 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.
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