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

Discover affordable housing in Rosiclare where there are 1+ 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.

Rosiclare I - II C/O L. Diefenbach

Hillside Street, Rosiclare, Illinois

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

What HUD offices serve Rosiclare, 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 Rosiclare, Illinois.

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

How many renters live in Rosiclare, Illinois?

The City of Rosiclare has 975 people living in 330 households.

There are 429 renters living in 95 renter households in this City. Renters make up 44 percent of the population living in Rosiclare.

What is the rental market like in Rosiclare, Illinois?

There are an estimated 451 housing units in the Rosiclare area. Of these, 103 units are rental homes, making up 23 percent of the housing market. For every renter household in Rosiclare, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Rosiclare?

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

Occupied Rental Units by Size in Rosiclare
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 23 33 25 10
Occupied Rental Units by Size in Rosiclare

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

Among renter households in this market, 17 percent have housing cost burden. Further, 9 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 Rosiclare

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,126. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $614
Two BR $807
Three BR $976
Four BR $1,126
2024 Fair Market Rents in Rosiclare, Illinois

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

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 4 100 percent
One BR 23 100 percent
Two BR 13 39 percent
Rental Units Below FMR in Rosiclare, Illinois

How many affordable rental units are in Rosiclare?

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

Federal Program Unit Count
Public Housing 70
Tracked Units by Federal Program in Rosiclare, Illinois

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

Income Based Apartments in Rosiclare, Illinois

Rosiclare features 14 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 Rosiclare, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rosiclare.

Housing Choice Vouchers in Rosiclare, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.