About This Property
Cornerstone Estates Phase I offers 58 low-income units in Detroit, Michigan, comprising a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2011 and is financed through 9% Low-Income Housing Tax Credits. Unit distribution includes 4 one-bedroom, 28 two-bedroom, 18 three-bedroom, and 8 four-bedroom apartments.
Waitlist Information
Waitlist managed by Detroit Housing Commission
Applicants can apply for Public Housing and learn about the LIPH Program. The website also mentions searching for current housing waitlist openings.
The HCV waiting list is currently closed. The Family Unification Program (FUP) places applicants on the HCV waiting list.
Waitlist data provided by section8waitlist.org
Updated August 18, 2026
Property Details
Fair Market Rent - Wayne 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 - Wayne 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Detroit, MI?+
The Fair Market Rent (FMR) for Wayne County, MI is: $920 (Studio), $1019 (1BR), $1291 (2BR), $1595 (3BR), $1719 (4BR). Actual rent at subsidized properties like Cornerstone Estates Phase I is typically 30% of household income or less.
What size apartments are available at Cornerstone Estates Phase I?+
Cornerstone Estates Phase I offers the following unit types: 4 One-Bedroom, 28 Two-Bedroom, 18 Three-Bedroom, 8 Four-Bedroom units, for a total of 58 units.
Is there a waitlist for Cornerstone Estates Phase I?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Detroit, MI?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $1019, 2-bedroom: $1291, 3-bedroom: $1595. Actual rent at Cornerstone Estates Phase I may be lower for income-eligible households.
How do I apply for housing at Cornerstone Estates Phase I?+
Cornerstone Estates Phase I 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 are the income limits for affordable housing in Wayne County, MI?+
For a 4-person household in Wayne 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.
Who manages Cornerstone Estates Phase I?+
Cornerstone Estates Phase I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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