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

Discover affordable housing in Macomb where there are 9+ 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.

Creekside Park

101 Wigwam Hollow Cir, Macomb, Illinois 61455

Jefferson House

900 E Jefferson St, Macomb, Illinois 61455

Mcrc Housing, Inc

7 Pollock Dr, Macomb, Illinois 61455

Mcrc Rehab Inc

900 S Deer Rd, Macomb, Illinois 61455

River Run Apartments

401 River Run Dr, Macomb, Illinois 61455

Lafayette Square Apartments

100 W Jefferson St, Macomb, Illinois 61455

Eisenhower Towers

322 W Piper St, Macomb, Illinois 61455

The Village at Wheeler

SE Corner of Wheeler And E, Macomb, Illinois 61455

Prairieview

405 N Prairie Ave, Macomb, Illinois 61455

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Macomb, Illinois
$16.00/hour
$2.00 (+14%) more than Illinois minimum wage and $8.75 (+121%) more than the Federal minimum wage.
Learn More About Macomb, Illinois Affordable Housing ↓

What HUD offices serve Macomb, 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 Macomb, Illinois.

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

How many renters live in Macomb, Illinois?

The City of Macomb has 15,207 people living in 6,203 households.

There are 6,003 renters living in 3,387 renter households in this City. Renters make up 39.48 percent of the population living in Macomb.

What is the rental market like in Macomb, Illinois?

There are an estimated 7,406 housing units in the Macomb area. Of these, 3,926 units are rental homes, making up 53 percent of the housing market. For every renter household in Macomb, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Macomb?

The rental vacancy rate in Macomb 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 Macomb for each bedroom size?

Occupied Rental Units by Size in Macomb
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
273 1,105 1,217 429 287
Occupied Rental Units by Size in Macomb

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

Among renter households in this market, 55 percent have housing cost burden. Further, 40 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 Macomb

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $579 to $1,261. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $579
One BR $672
Two BR $845
Three BR $1,104
Four BR $1,261
2024 Fair Market Rents in Macomb, Illinois

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

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 163 60 percent
One BR 710 64 percent
Two BR 673 55 percent
Rental Units Below FMR in Macomb, Illinois

How many affordable rental units are in Macomb?

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

Federal Program Unit Count
Low Income Housing Tax Credit 273
Public Housing 204
Section 8 Project-Based Rental Assistance 252
Section 811 Supportive Housing for Persons with Disabilities 32
Tracked Units by Federal Program in Macomb, Illinois

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

Income Based Apartments in Macomb, Illinois

Macomb features 560 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 Macomb, Illinois

There are 132 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macomb.

Housing Choice Vouchers in Macomb, Illinois

On average, Section 8 Housing Choice vouchers pay Macomb landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Macomb.

The maximum amount a voucher would pay on behalf of a low-income tenant in Macomb, Illinois for a two-bedroom apartment is between $761 and $930.

Sourced from federal housing data and AffordableHousingOnline.com research.