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

Discover affordable housing in Somonauk 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.

Somonauk Garden Apt

405 W. Lasalle Street, Somonauk, Illinois

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Somonauk, Illinois
$25.13/hour
$11.13 (+80%) more than Illinois minimum wage and $17.88 (+247%) more than the Federal minimum wage.
Learn More About Somonauk, Illinois Affordable Housing ↓

What HUD offices serve Somonauk, 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 Somonauk, Illinois.

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

How many renters live in Somonauk, Illinois?

The City of Somonauk has 1,797 people living in 676 households.

There are 457 renters living in 192 renter households in this City. Renters make up 25.43 percent of the population living in Somonauk.

What is the rental market like in Somonauk, Illinois?

There are an estimated 729 housing units in the Somonauk area. Of these, 222 units are rental homes, making up 30 percent of the housing market. For every renter household in Somonauk, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Somonauk?

The rental vacancy rate in Somonauk is 14 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 Somonauk for each bedroom size?

Occupied Rental Units by Size in Somonauk
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 36 66 68 14
Occupied Rental Units by Size in Somonauk

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

Among renter households in this market, 46 percent have housing cost burden. Further, 23 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 Somonauk

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $899 to $2,252. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $899
One BR $1,014
Two BR $1,327
Three BR $1,870
Four BR $2,252
2024 Fair Market Rents in Somonauk, Illinois

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

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 36 100 percent
Two BR 58 88 percent
Rental Units Below FMR in Somonauk, Illinois

How many affordable rental units are in Somonauk?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Somonauk, Illinois

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

Income Based Apartments in Somonauk, Illinois

Somonauk features 24 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 Somonauk, Illinois

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

Housing Choice Vouchers in Somonauk, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Somonauk, Illinois for a two-bedroom apartment is between $1,194 and $1,460.

Sourced from federal housing data and AffordableHousingOnline.com research.