How many renters live in Cissna Park, Illinois?
The City of Cissna Park has 882 people living in 433 households.
There are 261 renters living in 132 renter households in this City. Renters make up 29.59 percent of the population living in Cissna Park.
What is the rental market like in Cissna Park, Illinois?
There are an estimated 457 housing units in the Cissna Park area. Of these, 132 units are rental homes, making up 29 percent of the housing market. For every renter household in Cissna Park, Illinois, there are 1 rental units.
What is the vacancy rate for rentals in Cissna Park?
The rental vacancy rate in Cissna 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 Cissna Park for each bedroom size?
Occupied Rental Units by Size in Cissna Park
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 39 | 76 | 6 | 11 |
Occupied Rental Units by Size in Cissna Park
A large number of apartments in Cissna 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 Cissna Park are overburdened by housing costs?
Among renter households in this market, 48 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 Cissna Park
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $605 to $1,112. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $605 |
| One BR | $619 |
| Two BR | $813 |
| Three BR | $1,025 |
| Four BR | $1,112 |
2024 Fair Market Rents in Cissna Park, Illinois
How many units are rented at Fair Market Rent (FMR) in Cissna 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 |
| One BR | 24 | 62 percent |
| Two BR | 38 | 50 percent |
Rental Units Below FMR in Cissna Park, Illinois
How many affordable rental units are in Cissna Park?
There are a variety of federal affordable housing programs serving households in Cissna Park, Illinois including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 15 |
Tracked Units by Federal Program in Cissna Park, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cissna Park, Illinois
Cissna Park features 8 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 Cissna Park, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cissna Park.
Housing Choice Vouchers in Cissna Park, Illinois
On average, Section 8 Housing Choice vouchers pay Cissna Park landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cissna Park.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cissna Park, Illinois for a two-bedroom apartment is between $732 and $894.
Sourced from federal housing data and AffordableHousingOnline.com research.
