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

What HUD offices serve Oregon, 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 Oregon.

How many renters live in Oregon, Illinois?

The City of Oregon has 3,963 people living in 1,749 households.

There are 1,240 renters living in 652 renter households in this City. Renters make up 31.29 percent of the population living in Oregon.

What is the rental market like in Oregon, Illinois?

There are an estimated 1,861 housing units in the Oregon area. Of these, 652 units are rental homes, making up 35 percent of the housing market. For every renter household in Oregon, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Oregon?

The rental vacancy rate in Oregon is 0 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 Oregon for each bedroom size?

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

Among renter households in this market, 29 percent have housing cost burden. Further, 13 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 Oregon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,241. FMRs are updated annually by HUD for every city and county nationwide.

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

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:

How many affordable rental units are in Oregon?

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

Income Based Apartments in Oregon, Illinois

Oregon features 23 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 Oregon, Illinois

There are 130 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oregon.

Housing Choice Vouchers in Oregon, Illinois

On average, Section 8 Housing Choice vouchers pay Oregon landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Oregon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oregon, Illinois for a two-bedroom apartment is between $839 and $1,025.

Sourced from federal housing data and AffordableHousingOnline.com research.