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

Discover affordable housing in Sublette 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.

Sublette - Badger Square

208 S Locust St, Sublette, Illinois 61367

calendar_today Opened: Apr 13
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

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

What HUD offices serve Sublette, 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 Sublette, Illinois.

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

How many renters live in Sublette, Illinois?

The City of Sublette has 359 people living in 157 households.

There are 88 renters living in 45 renter households in this City. Renters make up 24.51 percent of the population living in Sublette.

What is the rental market like in Sublette, Illinois?

There are an estimated 198 housing units in the Sublette area. Of these, 82 units are rental homes, making up 41 percent of the housing market. For every renter household in Sublette, Illinois, there are 2 rental units.

What is the vacancy rate for rentals in Sublette?

The rental vacancy rate in Sublette is 34 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 Sublette for each bedroom size?

Occupied Rental Units by Size in Sublette
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 9 25 5 1
Occupied Rental Units by Size in Sublette

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

Among renter households in this market, 49 percent have housing cost burden. Further, 18 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 Sublette

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,188. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $710
Two BR $807
Three BR $1,137
Four BR $1,188
2024 Fair Market Rents in Sublette, Illinois

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

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
One BR 6 67 percent
Two BR 19 76 percent
Rental Units Below FMR in Sublette, Illinois

How many affordable rental units are in Sublette?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 10
Tracked Units by Federal Program in Sublette, Illinois

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

Income Based Apartments in Sublette, Illinois

Sublette features 10 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 Sublette, Illinois

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

Housing Choice Vouchers in Sublette, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.