What HUD offices serve Mundelein, 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Mundelein.
How many renters live in Mundelein, Illinois?
The City of Mundelein has 31,583 people living in 11,520 households.
There are 8,933 renters living in 3,226 renter households in this City. Renters make up 28.28 percent of the population living in Mundelein.
What is the rental market like in Mundelein, Illinois?
There are an estimated 11,925 housing units in the Mundelein area. Of these, 3,340 units are rental homes, making up 28 percent of the housing market. For every renter household in Mundelein, Illinois, there are 1 rental units.
What is the vacancy rate for rentals in Mundelein?
The rental vacancy rate in Mundelein 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 Mundelein for each bedroom size?
Occupied Rental Units by Size in Mundelein
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 89 | 727 | 1,454 | 801 | 148 |
Occupied Rental Units by Size in Mundelein
A large number of apartments in Mundelein 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 Mundelein are overburdened by housing costs?
Among renter households in this market, 36 percent have housing cost burden. Further, 19 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 Mundelein
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,399 |
| One BR | $1,507 |
| Two BR | $1,714 |
| Three BR | $2,182 |
| Four BR | $2,583 |
2024 Fair Market Rents in Mundelein, Illinois
How many units are rented at Fair Market Rent (FMR) in Mundelein?
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 | 74 | 83 percent |
| One BR | 631 | 87 percent |
| Two BR | 646 | 44 percent |
Rental Units Below FMR in Mundelein, Illinois
How many affordable rental units are in Mundelein?
There are a variety of federal affordable housing programs serving households in Mundelein, Illinois including the following:
| Federal Program | Unit Count |
| Public Housing | 3 |
| Section 8 Project-Based Rental Assistance | 24 |
Tracked Units by Federal Program in Mundelein, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mundelein, Illinois
Mundelein features 65 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 Mundelein, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mundelein.
Housing Choice Vouchers in Mundelein, Illinois
On average, Section 8 Housing Choice vouchers pay Mundelein landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Mundelein.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mundelein, Illinois for a two-bedroom apartment is between $1,543 and $1,885.
Sourced from federal housing data and AffordableHousingOnline.com research.
