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

Discover affordable housing in Collinsville 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.

Woodland Towers Apartments

306 Pine Lake Road, Collinsville, Illinois 61604

Woodland Towers

306 Pine Lake Rd, Collinsville, Illinois 62234

Braner Homes

150 S Aurora St, Collinsville, Illinois 62234

Woodland Park Apartments

80 Burlington Dr, Collinsville, Illinois 62234

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Collinsville, Illinois
$22.90/hour
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Collinsville, Illinois Affordable Housing ↓

What HUD offices serve Collinsville, 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, Family Self-Sufficiency programs for Collinsville, Illinois.

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

How many renters live in Collinsville, Illinois?

The City of Collinsville has 24,294 people living in 11,089 households.

There are 8,343 renters living in 3,957 renter households in this City. Renters make up 34.34 percent of the population living in Collinsville.

What is the rental market like in Collinsville, Illinois?

There are an estimated 11,822 housing units in the Collinsville area. Of these, 4,103 units are rental homes, making up 35 percent of the housing market. For every renter household in Collinsville, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Collinsville?

The rental vacancy rate in Collinsville is 2 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 Collinsville for each bedroom size?

Occupied Rental Units by Size in Collinsville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
178 895 2,075 756 53
Occupied Rental Units by Size in Collinsville

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

Among renter households in this market, 49 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 Collinsville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Collinsville, Illinois

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

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 123 69 percent
One BR 836 93 percent
Two BR 1,334 64 percent
Rental Units Below FMR in Collinsville, Illinois

How many affordable rental units are in Collinsville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 111
Public Housing 90
Section 8 Project-Based Rental Assistance 104
Tracked Units by Federal Program in Collinsville, Illinois

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

Income Based Apartments in Collinsville, Illinois

Collinsville features 300 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 Collinsville, Illinois

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

Housing Choice Vouchers in Collinsville, Illinois

On average, Section 8 Housing Choice vouchers pay Collinsville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Collinsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Collinsville, Illinois for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.