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

Discover affordable housing in Arthur 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.

Surrey Lane Manor

805 E Columbia St, Arthur, Illinois 61911

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

What HUD offices serve Arthur, 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), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Arthur, Illinois.

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

How many renters live in Arthur, Illinois?

The City of Arthur has 1,992 people living in 916 households.

There are 403 renters living in 223 renter households in this City. Renters make up 20.23 percent of the population living in Arthur.

What is the rental market like in Arthur, Illinois?

There are an estimated 965 housing units in the Arthur area. Of these, 238 units are rental homes, making up 25 percent of the housing market. For every renter household in Arthur, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Arthur?

The rental vacancy rate in Arthur is 6 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 Arthur for each bedroom size?

Occupied Rental Units by Size in Arthur
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 50 69 77 12
Occupied Rental Units by Size in Arthur

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

Among renter households in this market, 41 percent have housing cost burden. Further, 12 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 Arthur

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 Arthur, Illinois

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

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 0 100 percent
One BR 21 42 percent
Two BR 36 52 percent
Rental Units Below FMR in Arthur, Illinois

How many affordable rental units are in Arthur?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Arthur, Illinois

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

Income Based Apartments in Arthur, Illinois

Arthur 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 Arthur, Illinois

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

Housing Choice Vouchers in Arthur, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.