About This Property
Penrose Village II offers 36 low-income units in Detroit, consisting of seven 2-bedroom and twenty-nine 3-bedroom apartments. The property has been in service since 2013 and is financed through 9% Low-Income Housing Tax Credits. Interested parties may contact the property management for additional information regarding availability and leasing.
Waitlist Information
Waitlist managed by Detroit Housing Commission
Families with an elderly or disabled preference may apply year-round; general preferences include families with children, elderly, and disabled individuals. Applicants must be 18 or a legally emancipated minor with an active email address.
Historically, the DHC's HCV waiting list closes with a lottery; 7,000 applicants were selected in 2020. The DHC does not know when the waitlist will reopen and will only open it once current applicants have been served.
Waitlist data provided by section8waitlist.org
Updated July 8, 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 |
Advertisement
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 Penrose Village Ii is typically 30% of household income or less.
What size apartments are available at Penrose Village Ii?+
Penrose Village Ii offers the following unit types: 7 Two-Bedroom, 29 Three-Bedroom units, for a total of 36 units.
What is the price range for apartments in Detroit, MI?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 2-bedroom: $1291, 3-bedroom: $1595. Actual rent at Penrose Village Ii may be lower for income-eligible households.
How do I apply for housing at Penrose Village Ii?+
Penrose Village Ii 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.
Who manages Penrose Village Ii?+
Penrose Village Ii is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Penrose Village Ii?+
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.
Who is eligible to live at Penrose Village Ii?+
Penrose Village Ii primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Penrose Village Ii
Highland Manor Apts
Highland Park, MI
48 UnitsTown Center (In Highland Park)
Highland Park, MI
63 UnitsDevon Square
Ferndale, MI
60 Units
State Fair Apartments
Detroit, MI
200 UnitsPalmer Park Square
Detroit, MI
203 Units20193 Irvington St
Detroit, MI
1 Units