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Affordable apartments in Indian River, Michigan

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc

Buildings

SOUTH POINTE APTS

LIHTC
5321 S STRAITS HWY, INDIAN RIVER, MI, 49749
Income-restricted units
16 of 16
Year placed in service
1988

Estimated total housing cost: $760 rent + $128 utilities = $888/mo

Contact property management for current availability. Waitlists may apply.

SOUTH POINTE APTS II

LIHTC
5323 S STRAITS HWY, INDIAN RIVER, MI, 49749
Income-restricted units
16 of 16
Year placed in service
1989

Estimated total housing cost: $760 rent + $128 utilities = $888/mo

Contact property management for current availability. Waitlists may apply.

SOUTH POINTE APTS PHASE III

LIHTC
5365 S STRAITS HWY, INDIAN RIVER, MI, 49749
Income-restricted units
16 of 16
Year placed in service
1994
Bedroom mix
8 1BR · 8 2BR

Estimated total housing cost: $760 rent + $128 utilities = $888/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Michigan

Residential electricity in Michigan runs about 20.19¢/kWh, with a typical monthly residential electric bill near $128. Natural gas runs about $13.39/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Indian River, MI

Metro-level
BedroomsLocal FMRNational median
Studio$646n/a
1 bedroom$722n/a
2 bedroom$760$1,502
3 bedroom$988n/a
4 bedroom$1,140n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Cheboygan County, MI

FY2025. Area median income: $78,900.

Household size30% AMI50% AMI80% AMI
1 person$17,200$28,700$45,850
2 people$21,150$32,800$52,400
3 people$26,650$36,900$58,950
4 people$32,150$40,950$65,500
5 people$37,650$44,250$70,750
6 people$43,150$47,550$76,000
7 people$48,650$50,800$81,250
8 people$54,100$54,100$86,500

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Michigan cities

See all affordable-rental cities in Michigan

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Indian River cost-of-living and Fair Market Rent overview