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

Discover affordable housing in Berwyn 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.

Berwyn Apartments

3137 South Oak Park Avenue, Berwyn, Illinois 60402

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Berwyn, 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 Berwyn, Illinois
$32.46/hour
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Berwyn, Illinois Affordable Housing ↓

What HUD offices serve Berwyn, 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, Section 8 Project-Based Voucher (PBV) programs for Berwyn, Illinois.

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

How many renters live in Berwyn, Illinois?

The City of Berwyn has people living in households.

There are renters living in renter households in this City. Renters make up 32.6 percent of the population living in Berwyn.

What is the rental market like in Berwyn, Illinois?

There are an estimated housing units in the Berwyn area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Berwyn, Illinois, there are 1.04 rental units.

What is the vacancy rate for rentals in Berwyn?

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

Occupied Rental Units by Size in Berwyn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
561 2,607 2,829 1,491 312
Occupied Rental Units by Size in Berwyn

A large number of apartments in Berwyn 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 Berwyn

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 Berwyn, Illinois

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

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 494 88 percent
One BR 2,576 99 percent
Two BR 2,537 90 percent
Rental Units Below FMR in Berwyn, Illinois

How many affordable rental units are in Berwyn?

Income Based Apartments in Berwyn, Illinois

Berwyn 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 Berwyn, Illinois

There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Berwyn.

Housing Choice Vouchers in Berwyn, Illinois

On average, Section 8 Housing Choice vouchers pay Berwyn landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Berwyn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Berwyn, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.

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