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

Discover affordable housing in Coffeen 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.

Coffeen Apts. Coffeen

400 Prospect St, Coffeen, Illinois

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Coffeen, 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 Coffeen, Illinois Affordable Housing ↓

What HUD offices serve Coffeen, 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 Coffeen, Illinois.

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

How many renters live in Coffeen, Illinois?

The City of Coffeen has 610 people living in 258 households.

There are 174 renters living in 66 renter households in this City. Renters make up 28.52 percent of the population living in Coffeen.

What is the rental market like in Coffeen, Illinois?

There are an estimated 302 housing units in the Coffeen area. Of these, 71 units are rental homes, making up 24 percent of the housing market. For every renter household in Coffeen, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Coffeen?

The rental vacancy rate in Coffeen is 7 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 Coffeen for each bedroom size?

Occupied Rental Units by Size in Coffeen
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 16 19 26 0
Occupied Rental Units by Size in Coffeen

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

Among renter households in this market, 32 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 Coffeen

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 Coffeen, Illinois

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

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 5 100 percent
One BR 14 88 percent
Two BR 7 37 percent
Rental Units Below FMR in Coffeen, Illinois

How many affordable rental units are in Coffeen?

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

Federal Program Unit Count
Public Housing 9
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Coffeen, Illinois

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

Income Based Apartments in Coffeen, Illinois

Coffeen features 12 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 Coffeen, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coffeen.

Housing Choice Vouchers in Coffeen, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.