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

Discover affordable housing in Benld where there are 2+ 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.

Dorsey Street Apartments

201 W Dorsey St, Benld, Illinois 62009

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Mt Clare 1 Apartments

312 N Hardroad, Benld, Illinois 62009

How To Identify Affordable Housing in Benld, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Benld, Illinois
$17.84/hour
$3.84 (+27%) more than Illinois minimum wage and $10.59 (+146%) more than the Federal minimum wage.
Learn More About Benld, Illinois Affordable Housing ↓

What HUD offices serve Benld, 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 Benld, Illinois.
Operates the Public Housing programs for Benld, Illinois.

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

How many renters live in Benld, Illinois?

The City of Benld has people living in households.

There are renters living in renter households in this City. Renters make up 31.81 percent of the population living in Benld.

What is the rental market like in Benld, Illinois?

There are an estimated housing units in the Benld area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Benld, Illinois, there are 1.18 rental units.

What is the vacancy rate for rentals in Benld?

The rental vacancy rate in Benld is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Benld for each bedroom size?

Occupied Rental Units by Size in Benld
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 39 71 54 3
Occupied Rental Units by Size in Benld

A large number of apartments in Benld 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 Benld

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $712 to $1,428. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $712
One BR $717
Two BR $942
Three BR $1,235
Four BR $1,428
2024 Fair Market Rents in Benld, Illinois

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

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 13 33 percent
Two BR 65 92 percent
Rental Units Below FMR in Benld, Illinois

How many affordable rental units are in Benld?

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

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

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

Income Based Apartments in Benld, Illinois

Benld features 12 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 Benld, Illinois

There are 6 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Benld.

Housing Choice Vouchers in Benld, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Benld, Illinois for a two-bedroom apartment is between $848 and $1,036.

Sourced from federal housing data and AffordableHousingOnline.com research.

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