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Low Income Apartments and Affordable Housing For Rent in Villa Grove, IL

Discover affordable housing in Villa Grove 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.

Image of Country Place Apartments

Country Place Apartments

227 Country Place Lane, Villa Grove, Illinois 61956

bed 1-2
auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Villa Grove, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
 Low income apartments with no or short waiting lists.
payment Subsidized
 Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
 Apartments that accept Section 8 vouchers near you
elderly Senior
 Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
 Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
 Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
 Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Villa Grove, Illinois
$15.53/hour
$1.53 (+11%) more than Illinois minimum wage and $8.28 (+114%) more than the Federal minimum wage.
Learn More About Villa Grove, Illinois Affordable Housing ↓

What HUD offices serve Villa Grove, 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.

Menard County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Villa Grove, Illinois.

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

How many renters live in Villa Grove, Illinois?

The City of Villa Grove has people living in households.

There are renters living in renter households in this City. Renters make up 21.63 percent of the population living in Villa Grove.

What is the rental market like in Villa Grove, Illinois?

There are an estimated housing units in the Villa Grove area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Villa Grove, Illinois, there are 1.14 rental units.

What is the vacancy rate for rentals in Villa Grove?

The rental vacancy rate in Villa Grove 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 Villa Grove for each bedroom size?

Occupied Rental Units by Size in Villa Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 21 76 124 5
Occupied Rental Units by Size in Villa Grove

A large number of apartments in Villa Grove have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Villa Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $699 to $1,144. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $699
One BR $703
Two BR $820
Three BR $1,077
Four BR $1,144
2024 Fair Market Rents in Villa Grove, Illinois

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

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 9 43 percent
Two BR 46 61 percent
Rental Units Below FMR in Villa Grove, Illinois

How many affordable rental units are in Villa Grove?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Villa Grove, Illinois

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

Income Based Apartments in Villa Grove, Illinois

Villa Grove 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 Villa Grove, Illinois

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

Housing Choice Vouchers in Villa Grove, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Villa Grove, Illinois for a two-bedroom apartment is between $738 and $902.

Sourced from federal housing data and AffordableHousingOnline.com research.