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

Discover affordable housing in Paris 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.

Candlewood Manor Apartments

311 W Wood St, Paris, Illinois 61944

Tiger Senior Apartments

309 South Main Street, Paris, Illinois 61944

Paris Lamplight Manor

526 NE Bayard St, Paris, Illinois 61944

Greentrees Retirement Villa

211 Ann St, Paris, Illinois 61944

Pines Apts.of Paris

704 E Court Street, Paris, Illinois

Highland Manor - Elderly

602 E Highland Dr, Paris, Illinois 61944

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Paris, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Paris, Illinois Affordable Housing ↓

What HUD offices serve Paris, 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 Paris, Illinois.

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

How many renters live in Paris, Illinois?

The City of Paris has 8,331 people living in 3,881 households.

There are 2,719 renters living in 1,330 renter households in this City. Renters make up 32.64 percent of the population living in Paris.

What is the rental market like in Paris, Illinois?

There are an estimated 4,128 housing units in the Paris area. Of these, 1,330 units are rental homes, making up 32 percent of the housing market. For every renter household in Paris, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Paris?

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

Occupied Rental Units by Size in Paris
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 265 680 355 16
Occupied Rental Units by Size in Paris

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

Among renter households in this market, 32 percent have housing cost burden. Further, 10 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 Paris

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,227. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $702
Two BR $807
Three BR $1,042
Four BR $1,227
2024 Fair Market Rents in Paris, Illinois

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

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 3 21 percent
One BR 219 83 percent
Two BR 494 73 percent
Rental Units Below FMR in Paris, Illinois

How many affordable rental units are in Paris?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Public Housing 151
Section 8 Project-Based Rental Assistance 10
USDA Section 515 Rural Rental Housing 144
Tracked Units by Federal Program in Paris, Illinois

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

Income Based Apartments in Paris, Illinois

Paris features 274 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 Paris, Illinois

There are 42 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Paris.

Housing Choice Vouchers in Paris, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Paris, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.