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

Discover affordable housing in Alorton where there are 3+ 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.

Greystone Apartments

334 Greystone Drive, Alorton, Illinois 62207

East Bank Pointe

3921 Alcoa, Alorton, Illinois 62207

Hawthorne Apartments

150 Mousette Ln, Alorton, Illinois 62207

calendar_today Opened: Mar 31
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alorton, Illinois
$22.90/hour
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Alorton, Illinois Affordable Housing ↓

What HUD offices serve Alorton, 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 Alorton, Illinois.

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

How many renters live in Alorton, Illinois?

The City of Alorton has 1,864 people living in 582 households.

There are 1,291 renters living in 338 renter households in this City. Renters make up 69.26 percent of the population living in Alorton.

What is the rental market like in Alorton, Illinois?

There are an estimated 753 housing units in the Alorton area. Of these, 348 units are rental homes, making up 46 percent of the housing market. For every renter household in Alorton, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Alorton?

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

Occupied Rental Units by Size in Alorton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 6 163 111 47
Occupied Rental Units by Size in Alorton

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

Among renter households in this market, 68 percent have housing cost burden. Further, 22 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 Alorton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Alorton, Illinois

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

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 0 100 percent
Two BR 150 92 percent
Rental Units Below FMR in Alorton, Illinois

How many affordable rental units are in Alorton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 45
Public Housing 48
Section 8 Project-Based Rental Assistance 148
Tracked Units by Federal Program in Alorton, Illinois

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

Income Based Apartments in Alorton, Illinois

Alorton features 192 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 Alorton, Illinois

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alorton.

Housing Choice Vouchers in Alorton, Illinois

On average, Section 8 Housing Choice vouchers pay Alorton landlords $500 per month towards rent. The average voucher holder contributes $500 towards rent in Alorton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Alorton, Illinois for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.