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

Discover affordable housing in Casey where there are 2+ 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.

Quality Housing Casey Toledo

300 NE 15th St, Casey, Illinois 62420

Churchill Apartments

1400 E Alabama Ave, Casey, Illinois 62420

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Casey, Illinois
$15.91/hour
$1.91 (+14%) more than Illinois minimum wage and $8.66 (+119%) more than the Federal minimum wage.
Learn More About Casey, Illinois Affordable Housing ↓

What HUD offices serve Casey, 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, Section 8 Project-Based Voucher (PBV) programs for Casey, Illinois.
Operates the Public Housing programs for Casey, Illinois.

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

How many renters live in Casey, Illinois?

The City of Casey has 2,294 people living in 1,066 households.

There are 539 renters living in 283 renter households in this City. Renters make up 23.5 percent of the population living in Casey.

What is the rental market like in Casey, Illinois?

There are an estimated 1,318 housing units in the Casey area. Of these, 337 units are rental homes, making up 26 percent of the housing market. For every renter household in Casey, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Casey?

The rental vacancy rate in Casey is 16 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 Casey for each bedroom size?

Occupied Rental Units by Size in Casey
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26 56 154 35 12
Occupied Rental Units by Size in Casey

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

Among renter households in this market, 46 percent have housing cost burden. Further, 27 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 Casey

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $576 to $1,119. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $576
One BR $688
Two BR $840
Three BR $1,082
Four BR $1,119
2024 Fair Market Rents in Casey, Illinois

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

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 8 31 percent
One BR 40 71 percent
Two BR 90 58 percent
Rental Units Below FMR in Casey, Illinois

How many affordable rental units are in Casey?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in Casey, Illinois

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

Income Based Apartments in Casey, Illinois

Casey features 60 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 Casey, Illinois

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Casey.

Housing Choice Vouchers in Casey, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Casey, Illinois for a two-bedroom apartment is between $756 and $924.

Sourced from federal housing data and AffordableHousingOnline.com research.