Low Income Apartments and Affordable Housing For Rent in Henry County, IL

Discover affordable housing in Henry County where there are 18+ 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.

Fairview Apartments

100 Fairview Junction, Kewanee, Illinois 61443

bed 1-4
payment Subsidized

Parkside Apartments

125 N Chestnut St, Kewanee, Illinois 61443

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Cambridge Manor

500 N East St, Cambridge, Illinois 61238

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Cambridge Apartments

650 N East St, Cambridge, Illinois 61238

switch_access_shortcut Short Wait
accessibility Accessible

Geneseo Townhomes

590 Olivia Dr., Geneseo, Illinois 61254

bed 2-3

Geneseo Commons Senior Living

600 Olivia Dr., Geneseo, Illinois 61254

bed 1-2
payment $379-845/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Galva B

1030 SW 2nd St, Galva, Illinois 61434

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Mckinley Apartments

800 W 6th St, Kewanee, Illinois 61443

payment Subsidized
accessibility Accessible
accessible_forward Disability

Fieldcrest Village

603 N Prospect St, Cambridge, Illinois 61238

payment Subsidized

502 S Congress St Unit 1

502 S Congress St Unit 1, Geneseo, Illinois 61254

bed 1
payment $725/mo.

Knox Apartments

1126 W Mill St, Kewanee, Illinois 61443

switch_access_shortcut Short Wait
accessibility Accessible

Galva B

1030 NW 7th Ave, Galva, Illinois 61434

switch_access_shortcut Short Wait
accessibility Accessible

Galva A

609 NW 7th St, Galva, Illinois 61434

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Countryside Apartments

703 Ash Dr, Geneseo, Illinois 61254

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Heritage Square

201 W Williams St, Atkinson, Illinois

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Scattered Sites

700 E 2nd St, Kewanee, Illinois 61443

payment Subsidized

One Rhf Home 921 Cypress Dr

921 Cypress Dr, Colona, Illinois 61241

payment Subsidized
accessibility Accessible

Lake Village Apartments

1800 Lake St, Kewanee, Illinois 61443

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

How To Identify Affordable Housing in Henry County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Sep 18
Open Until Further Notice
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Henry County, Illinois
$18.05/hour
$4.05 (+29%) more than Illinois minimum wage and $10.80 (+149%) more than the Federal minimum wage.
Learn More About Henry County, Illinois Affordable Housing ↓

What HUD offices serve Henry County, 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 Henry County, Illinois.

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

How many renters live in Henry County, Illinois?

The County of Henry County has people living in households.

There are renters living in renter households in this County. Renters make up 18.47 percent of the population living in Henry County.

What is the rental market like in Henry County, Illinois?

There are an estimated housing units in the Henry County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Henry County, Illinois, there are 1.06 rental units.

What is the vacancy rate for rentals in Henry County?

The rental vacancy rate in Henry County is 3 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 Henry County for each bedroom size?

Occupied Rental Units by Size in Henry County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
165 812 1,449 1,244 285
Occupied Rental Units by Size in Henry County

A large number of apartments in Henry County 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 Henry County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $646 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $646
One BR $773
Two BR $953
Three BR $1,247
Four BR $1,437
2024 Fair Market Rents in Henry County, Illinois

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

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 57 35 percent
One BR 618 76 percent
Two BR 1,089 75 percent
Rental Units Below FMR in Henry County, Illinois

How many affordable rental units are in Henry County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Henry County, Illinois

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

Income Based Apartments in Henry County, Illinois

Henry County features 587 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 Henry County, Illinois

There are 122 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Henry County.

Housing Choice Vouchers in Henry County, Illinois

On average, Section 8 Housing Choice vouchers pay Henry County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Henry County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Henry County, Illinois for a two-bedroom apartment is between $858 and $1,048.

Sourced from federal housing data and AffordableHousingOnline.com research.

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