Low Income Apartments and Affordable Housing For Rent in Bloomingdale, IL

Discover affordable housing in Bloomingdale where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Bloomingdale Horizon Senior Living Comm.

160 W Lake St, Bloomingdale, Illinois 60108

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bloomingdale, Illinois
$32.46/hour
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Bloomingdale, Illinois Affordable Housing ↓

What HUD offices serve Bloomingdale, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Homeownership programs for Bloomingdale, Illinois.

Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Bloomingdale.

How many renters live in Bloomingdale, Illinois?

The City of Bloomingdale has 22,435 people living in 8,961 households.

There are 4,953 renters living in 2,398 renter households in this City. Renters make up 22.08 percent of the population living in Bloomingdale.

What is the rental market like in Bloomingdale, Illinois?

There are an estimated 9,346 housing units in the Bloomingdale area. Of these, 2,564 units are rental homes, making up 27 percent of the housing market. For every renter household in Bloomingdale, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Bloomingdale?

The rental vacancy rate in Bloomingdale is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Bloomingdale for each bedroom size?

Occupied Rental Units by Size in Bloomingdale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
124 1,071 868 265 55
Occupied Rental Units by Size in Bloomingdale

A large number of apartments in Bloomingdale have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Bloomingdale are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Bloomingdale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,399
One BR $1,507
Two BR $1,714
Three BR $2,182
Four BR $2,583
2024 Fair Market Rents in Bloomingdale, Illinois

How many units are rented at Fair Market Rent (FMR) in Bloomingdale?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 69 56 percent
One BR 709 66 percent
Two BR 205 24 percent
Rental Units Below FMR in Bloomingdale, Illinois

How many affordable rental units are in Bloomingdale?

There are a variety of federal affordable housing programs serving households in Bloomingdale, Illinois including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 166
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Bloomingdale, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Bloomingdale, Illinois

Bloomingdale features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Bloomingdale, Illinois

There are 91 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bloomingdale.

Housing Choice Vouchers in Bloomingdale, Illinois

On average, Section 8 Housing Choice vouchers pay Bloomingdale landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Bloomingdale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bloomingdale, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.