What HUD offices serve Beach Park, 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Beach Park.
How many renters live in Beach Park, Illinois?
The City of Beach Park has people living in households.
There are renters living in renter households in this City. Renters make up 21.19 percent of the population living in Beach Park.
What is the rental market like in Beach Park, Illinois?
There are an estimated housing units in the Beach Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Beach Park, Illinois, there are 1 rental units.
What is the vacancy rate for rentals in Beach Park?
The rental vacancy rate in Beach Park 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 Beach Park for each bedroom size?
Occupied Rental Units by Size in Beach Park
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 61 | 254 | 505 | 32 |
Occupied Rental Units by Size in Beach Park
A large number of apartments in Beach Park 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 Beach Park
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,399 |
One BR | $1,507 |
Two BR | $1,714 |
Three BR | $2,182 |
Four BR | $2,583 |
2024 Fair Market Rents in Beach Park, Illinois
How many units are rented at Fair Market Rent (FMR) in Beach Park?
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 | 61 | 100 percent |
Two BR | 217 | 85 percent |
Rental Units Below FMR in Beach Park, Illinois
How many affordable rental units are in Beach Park?
There are a variety of federal affordable housing programs serving households in Beach Park, Illinois including the following:
Federal Program | Unit Count |
Public Housing | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Beach Park, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Beach Park, Illinois
Beach Park features 0 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 Beach Park, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Beach Park.
Housing Choice Vouchers in Beach Park, Illinois
On average, Section 8 Housing Choice vouchers pay Beach Park landlords $800 per month towards rent. The average voucher holder contributes $600 towards rent in Beach Park.
The maximum amount a voucher would pay on behalf of a low-income tenant in Beach Park, Illinois for a two-bedroom apartment is between $1,543 and $1,885.
Sourced from federal housing data and AffordableHousingOnline.com research.