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

Discover affordable housing in Marshall where there are 6+ 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.

Marshall Springs Apartments

114 Maple Street, Marshall, Illinois 62441

Crestside Village Apartments

707 Poplar Street, Marshall, Illinois 62441

Marshall Mill Run Apartments

RR 1 Box B, Marshall, Illinois 62441

Marshall Lamplight Manor

1303 Maple St, Marshall, Illinois 62441

Marshall

208 Maple St, Marshall, Illinois 62441

Stephens Apartments

1414 Archer Ave, Marshall, Illinois 62441

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

What HUD offices serve Marshall, 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 Public Housing programs for Marshall, Illinois.

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

How many renters live in Marshall, Illinois?

The City of Marshall has 3,939 people living in 1,757 households.

There are 1,071 renters living in 548 renter households in this City. Renters make up 27.19 percent of the population living in Marshall.

What is the rental market like in Marshall, Illinois?

There are an estimated 2,036 housing units in the Marshall area. Of these, 597 units are rental homes, making up 29 percent of the housing market. For every renter household in Marshall, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Marshall?

The rental vacancy rate in Marshall is 8 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 Marshall for each bedroom size?

Occupied Rental Units by Size in Marshall
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 119 312 98 6
Occupied Rental Units by Size in Marshall

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

Among renter households in this market, 47 percent have housing cost burden. Further, 21 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 Marshall

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 Marshall, Illinois

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

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 0 100 percent
One BR 62 52 percent
Two BR 177 57 percent
Rental Units Below FMR in Marshall, Illinois

How many affordable rental units are in Marshall?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Public Housing 54
Section 8 Project-Based Rental Assistance 12
USDA Section 515 Rural Rental Housing 51
Tracked Units by Federal Program in Marshall, Illinois

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

Income Based Apartments in Marshall, Illinois

Marshall features 166 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 Marshall, Illinois

There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall.

Housing Choice Vouchers in Marshall, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.