What HUD offices serve Calumet Park, 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Calumet Park.
How many renters live in Calumet Park, Illinois?
The City of Calumet Park has 7,193 people living in 2,614 households.
There are 3,639 renters living in 1,385 renter households in this City. Renters make up 50.59 percent of the population living in Calumet Park.
What is the rental market like in Calumet Park, Illinois?
There are an estimated 3,052 housing units in the Calumet Park area. Of these, 1,431 units are rental homes, making up 47 percent of the housing market. For every renter household in Calumet Park, Illinois, there are 1 rental units.
What is the vacancy rate for rentals in Calumet Park?
The rental vacancy rate in Calumet Park is 0 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 Calumet Park for each bedroom size?
Occupied Rental Units by Size in Calumet Park
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 82 | 354 | 382 | 452 | 115 |
Occupied Rental Units by Size in Calumet Park
A large number of apartments in Calumet Park 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 Calumet Park are overburdened by housing costs?
Among renter households in this market, 42 percent have housing cost burden. Further, 29 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 Calumet Park
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 Calumet Park, Illinois
How many units are rented at Fair Market Rent (FMR) in Calumet Park?
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 | 82 | 100 percent |
| One BR | 354 | 100 percent |
| Two BR | 373 | 98 percent |
Rental Units Below FMR in Calumet Park, Illinois
How many affordable rental units are in Calumet Park?
There are a variety of federal affordable housing programs serving households in Calumet Park, Illinois including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 70 |
Tracked Units by Federal Program in Calumet Park, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Calumet Park, Illinois
Calumet Park features 11 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 Calumet Park, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calumet Park.
Housing Choice Vouchers in Calumet Park, Illinois
On average, Section 8 Housing Choice vouchers pay Calumet Park landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Calumet Park.
The maximum amount a voucher would pay on behalf of a low-income tenant in Calumet Park, Illinois for a two-bedroom apartment is between $1,543 and $1,885.
Sourced from federal housing data and AffordableHousingOnline.com research.
