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

Discover affordable housing in Nokomis where there are 4+ 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.

Times and Season Apartments Nokomis

Warren and Walnut St, Nokomis, Illinois 62075

Rupert Apartments Nokomis

611 N Pine St, Nokomis, Illinois 62075

Ar Colonial Apts

207 E. Union St. (Colonial), Nokomis, Illinois

Ashberry Retirement Apartments

701 N Pine St, Nokomis, Illinois 62075

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Nokomis, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Nokomis, Illinois Affordable Housing ↓

What HUD offices serve Nokomis, 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), Public Housing programs for Nokomis, Illinois.

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

How many renters live in Nokomis, Illinois?

The City of Nokomis has 2,203 people living in 883 households.

There are 433 renters living in 212 renter households in this City. Renters make up 19.66 percent of the population living in Nokomis.

What is the rental market like in Nokomis, Illinois?

There are an estimated 1,021 housing units in the Nokomis area. Of these, 236 units are rental homes, making up 23 percent of the housing market. For every renter household in Nokomis, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Nokomis?

The rental vacancy rate in Nokomis is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Nokomis
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
43 29 81 56 3
Occupied Rental Units by Size in Nokomis

A large number of apartments in Nokomis 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 Nokomis are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 22 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 Nokomis

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $579 to $1,075. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $579
One BR $614
Two BR $807
Three BR $1,074
Four BR $1,075
2024 Fair Market Rents in Nokomis, Illinois

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

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 7 16 percent
One BR 20 69 percent
Two BR 50 62 percent
Rental Units Below FMR in Nokomis, Illinois

How many affordable rental units are in Nokomis?

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

Federal Program Unit Count
Low Income Housing Tax Credit 6
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Nokomis, Illinois

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

Income Based Apartments in Nokomis, Illinois

Nokomis features 54 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 Nokomis, Illinois

There are 6 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nokomis.

Housing Choice Vouchers in Nokomis, Illinois

On average, Section 8 Housing Choice vouchers pay Nokomis landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Nokomis.

The maximum amount a voucher would pay on behalf of a low-income tenant in Nokomis, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.