Washtenaw County Fair Market Rents and Income Limits (2006)
(as published by the U.S. Department of Housing and Urban Development)
HUD calculated annual income and affordable monthly rent levels in Washtenaw County
2006
		1-person household				4-person household
		Annual Income		Affordable Rent		Annual Income		Affordable Rent
Area Median Income (AMI)		57700		1442.5		82400		2060
Low Income (80% AMI) *		41700		1042.5		59600		1490
Very Low Income (50% AMI)		28850		721.25		41200		1030
Extremely Low Income (30% AMI)		17300		432.5		24700		617.5
15% of AMI		8650		216.25		12350		308.75
Annual income and affordable monthly rent levels for Avalon Housing target population
		Annual Income		Affordable Rent
$8.00/hour entry level work		16640		416
Minimum Wage ($6.95/hour)		14456		361.4
SSI (base Disability benefits)		7404		185.1
TANF (payment standard--family of 4)		7116		177.9
Avalon monthly rents compared to Fair Market Rents
2006
Apartment size		Fair Market Rents		Avalon Rents
SRO		501.75		240
Efficiency		669		$265 - $350
1-bedroom **		750		$235 - $379
2-bedroom **		913		$300 - $467
3-bedroom **		1149		$375 - $749
* Equivalent to national median income per HUD
** Lowest 1- and 2-bedroom rents and all 3-bedroom rents do not include utilities.