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

Discover affordable housing in Wenona 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.

Wenona Place Apartments

520-532 West Elm Street, Wenona, Illinois 61377

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wenona, Illinois
$18.28/hour
$4.28 (+31%) more than Illinois minimum wage and $11.03 (+152%) more than the Federal minimum wage.
Learn More About Wenona, Illinois Affordable Housing ↓

What HUD offices serve Wenona, 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 Wenona, Illinois.
Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Wenona, Illinois.

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

How many renters live in Wenona, Illinois?

The City of Wenona has 1,047 people living in 518 households.

There are 366 renters living in 205 renter households in this City. Renters make up 34.96 percent of the population living in Wenona.

What is the rental market like in Wenona, Illinois?

There are an estimated 553 housing units in the Wenona area. Of these, 205 units are rental homes, making up 37 percent of the housing market. For every renter household in Wenona, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Wenona?

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

Occupied Rental Units by Size in Wenona
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 60 94 46 5
Occupied Rental Units by Size in Wenona

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

Among renter households in this market, 40 percent have housing cost burden. Further, 15 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 Wenona

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,540. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $685
One BR $742
Two BR $933
Three BR $1,315
Four BR $1,540
2024 Fair Market Rents in Wenona, Illinois

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

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 52 87 percent
Two BR 82 87 percent
Rental Units Below FMR in Wenona, Illinois

How many affordable rental units are in Wenona?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Wenona, Illinois

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

Income Based Apartments in Wenona, Illinois

Wenona features 16 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 Wenona, Illinois

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

Housing Choice Vouchers in Wenona, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wenona, Illinois for a two-bedroom apartment is between $869 and $1,062.

Sourced from federal housing data and AffordableHousingOnline.com research.