Affordable & Income-Based Housing in Saginaw

Affordability in Saginaw, MI

According to Census ACS 5-Year data (2024), the median monthly rent in Saginaw is $922 and the median household income is $38,579 annually, with 40% of residents renting their homes. Lease Lantern tracks 12 HUD-assisted or income-restricted properties totaling 1,372 units in the city, providing options for renters seeking below-market housing.

Safety

According to the Saginaw Police Department's data reported to the FBI Crime Data Explorer, Saginaw had a violent crime rate of 2,227 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Saginaw

According to Walk Score, the area around assisted properties in Saginaw scores 85 (Very Walkable) and a Bike Score of 62. No Transit Score was available. These scores reflect conditions near the income-based and HUD-assisted properties listed on this page.

Schools

According to NCES Common Core of Data, 47 schools across 11 districts serve Saginaw, including 24 elementary, 6 middle, 16 high schools, and 1 other. Ratings vary by school and district, so renters should check the assigned schools for a specific address before making a decision.

Cost of Renting in Saginaw, MI

The median household income in Saginaw is $38,579 per year, according to Census ACS 5-Year estimates. Affordable and income-based housing can be a critical resource for renters in the city.

The citywide median rent is $922 per month, according to Census ACS 5-Year estimates. Rents at HUD-assisted and income-based properties are typically calculated as a percentage of a household's income, which can result in significantly lower monthly costs for eligible renters.

• Median household income: $38,579/year (Census ACS 5-Year)
• Median market rent: $922/month (Census ACS 5-Year)
• Renter households: 40% of occupied housing units (Census ACS 5-Year)
• Income-based units available: 1,372 across 12 HUD-assisted properties in Saginaw

Environment & Flood Risk

All 12 HUD-assisted properties in Saginaw have been mapped for flood zone exposure. Of those, 1 property falls within a high-risk flood zone, while the remaining 11 carry no high-risk flood designation. Renters considering the one higher-risk property may want to ask the landlord about flood insurance requirements and building preparedness.