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

Discover affordable housing in Ashton 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.

Country Meadows

466 Western Ave, Ashton, Illinois 61006

calendar_today Opened: Apr 13
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ashton, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Ashton, Illinois Affordable Housing ↓

What HUD offices serve Ashton, 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 Ashton, Illinois.

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

How many renters live in Ashton, Illinois?

The City of Ashton has 808 people living in 353 households.

There are 268 renters living in 118 renter households in this City. Renters make up 33.17 percent of the population living in Ashton.

What is the rental market like in Ashton, Illinois?

There are an estimated 408 housing units in the Ashton area. Of these, 118 units are rental homes, making up 29 percent of the housing market. For every renter household in Ashton, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Ashton?

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

Occupied Rental Units by Size in Ashton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 37 36 31 11
Occupied Rental Units by Size in Ashton

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

Among renter households in this market, 37 percent have housing cost burden. Further, 31 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 Ashton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,188. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $710
Two BR $807
Three BR $1,137
Four BR $1,188
2024 Fair Market Rents in Ashton, Illinois

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

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 30 81 percent
Two BR 21 58 percent
Rental Units Below FMR in Ashton, Illinois

How many affordable rental units are in Ashton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Ashton, Illinois

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

Income Based Apartments in Ashton, Illinois

Ashton features 24 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 Ashton, Illinois

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

Housing Choice Vouchers in Ashton, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ashton, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.