Ferris 01-1 — Income-Restricted Housing in Lansing, MI 48933
516 W Saginaw St, Lansing, MI 48933
23 units · 1 BR
- Affordability period may have ended — call to confirm
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2002
- Bedrooms
- 23 1 bedroom
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Nearby income-restricted buildings
517 N Walnut St
517 N Walnut St, Lansing, MI 48933
0.2 mi away
9 units · 1 BR · People with disabilities
- Affordability period may have ended — call to confirm
Walnut Street/Ferris Manor
517 N Walnut, Lansing, MI 48933
0.2 mi away
32 units · 1 BR
- Several buildings — call for addresses
510 S Chestnut St
510 S Chestnut St, Lansing, MI 48933
0.9 mi away
1 unit · 4+ BR
- Affordability period may have ended — call to confirm
Capital Manor Apts
515 S Chestnut St, Lansing, MI 48933
0.9 mi away
72 units · 16 income-restricted · Studio–2 BR
- Affordability period may have ended — call to confirm
Rents and income limits in 48933
- Fair market rent, 2 bedrooms
- $1,170/mo
- Income needed to pay it at 30% of income
- $46,800/yr
- Renters in 48933 paying 30% or more of income on rent
- 52%
Income limits (2026)
Lansing-East Lansing, MI area · median family income $102,600. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $21,600 | $35,950 | $57,500 |
| 2 | $24,650 | $41,050 | $65,700 |
| 3 | $27,750 | $46,200 | $73,900 |
| 4 | $33,000 | $51,300 | $82,100 |
| 5 | $38,680 | $55,450 | $88,700 |
| 6 | $44,360 | $59,550 | $95,250 |
| 7 | $50,040 | $63,650 | $101,850 |
| 8 | $55,720 | $67,750 | $108,400 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 48933 | Wider area |
|---|---|---|
| Studio | $920 | $1,036 |
| 1 bedroom | $930 | $1,054 |
| 2 bedrooms | $1,170 | $1,323 |
| 3 bedrooms | $1,490 | $1,685 |
| 4 bedrooms | $1,540 | $1,739 |
Wider area = Lansing-East Lansing, MI. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,210 (48911) to $1,580 (48864).
Census figures for 48933 (2020–2024 average): median rent $920. Median household income $33,589. 94% of homes are rented. 52% of renters pay 30% or more of their income on rent, and 23% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 48933's fair market rent.
Estimate your Section 8 rent share for 48933Frequently Asked Questions
How do I apply to Ferris 01-1?
No phone is listed for Ferris 01-1. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Ferris 01-1 Section 8 housing?
Ferris 01-1 is listed as income-restricted housing in Lansing, MI 48933 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Ferris 01-1?
Public records list 23 units at Ferris 01-1 in Lansing, MI 48933. That is a building size, not a count of open apartments.
Are there other affordable apartments near Ferris 01-1?
Yes — this page lists other income-restricted buildings in 48933 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Ferris 01-1?
Call the number on this page and ask about the waiting list or how to apply at Ferris 01-1 in Lansing, MI 48933. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Lansing, MI 48933?
Most income-restricted buildings in Lansing, MI 48933 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $35,950, and $51,300 for a 4-person household. Public housing can go up to 80% ($57,500 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Lansing, MI 48933?
For many programs in Lansing, MI 48933, the 2026 HUD very low-income (50%) limit is $35,950 a year for 1 person and $51,300 for 4 people. The low-income (80%) limit is $57,500 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Lansing, MI 48933?
In public housing and most Section 8 in Lansing, MI 48933, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Lansing, MI 48933 is $1,170 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Ferris 01-1 take Section 8 vouchers?
This file does not say that Ferris 01-1 has a project-based Section 8 contract. Some landlords in Lansing, MI 48933 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Ferris 01-1.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.