Affordable Housing In Bethalto
Madison County, Illinois

Affordable Housing programs support 24 income based apartments in Bethalto where households pay rent based on how much they earn.

There are 0 affordable apartments in Bethalto that offer reduced rents to low-income households.

Waiting Lists in Bethalto, Illinois

There are no open Section 8 Housing Choice Voucher waiting lists in Bethalto. Go to the Illinois Section 8 Waiting Lists page for openings near Bethalto.

South Prairie Court

819 S Prairie St
Bethalto, Illinois
Call For Rent
2 BR
Rent Assisted
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Affordable Housing Near Bethalto

View affordable apartments and waiting lists in cities near Bethalto

City Apartments
Affordable Housing In Alhambra, IL Affordable Housing programs support 1 apartment communities in Alhambra.
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Affordable Housing In East Alton, IL Affordable Housing programs support 3 apartment communities in East Alton.
Affordable Housing In Edwardsville, IL Affordable Housing programs support 1 apartment communities in Edwardsville.
Affordable Housing In Godfrey, IL Affordable Housing programs support 6 apartment communities in Godfrey.
Affordable Housing In Granite City, IL Affordable Housing programs support 10 apartment communities in Granite City.
Affordable Housing In Highland, IL Affordable Housing programs support 7 apartment communities in Highland.
Affordable Housing In Livingston, IL Affordable Housing programs support 2 apartment communities in Livingston.
Affordable Housing In Madison, IL Affordable Housing programs support 11 apartment communities in Madison.
Affordable Housing In Marine, IL Affordable Housing programs support 1 apartment communities in Marine.
Affordable Housing In Maryville, IL Affordable Housing programs support 1 apartment communities in Maryville.
Affordable Housing In South Roxana, IL Affordable Housing programs support 1 apartment communities in South Roxana.
Affordable Housing In St. Jacob, IL Affordable Housing programs support 1 apartment communities in St. Jacob.
Affordable Housing In Troy, IL Affordable Housing programs support 5 apartment communities in Troy.
Affordable Housing In Venice, IL Affordable Housing programs support 3 apartment communities in Venice.
Affordable Housing In Wood River, IL Affordable Housing programs support 2 apartment communities in Wood River.
Affordable Housing In Worden, IL Affordable Housing programs support 1 apartment communities in Worden.

Public Housing Agencies Serving Bethalto, 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.

Housing Authority Programs
Madison County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Bethalto.

Bethalto, Illinois Affordable Housing Data

Income Based Apartments in Bethalto, Illinois

Bethalto 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 Bethalto, Illinois

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

Housing Choice Vouchers in Bethalto, Illinois

On average, Section 8 Housing Choice vouchers pay Bethalto landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bethalto.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bethalto, Illinois for a two-bedroom apartment is between $899 and $1,099.

2023 Bethalto, Illinois Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Bethalto, Illinois Fair Market Rent $748 $795 $999 $1,294 $1,512
Bethalto, Illinois Payment Standard Range $673 to $823 $716 to $875 $899 to $1,099 $1,165 to $1,423 $1,361 to $1,663

Sourced from federal housing data and AffordableHousingOnline.com research.

Bethalto, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters 34.67%
Average Renter Household Size 2.63
Average Household Size 2.51
Median Household Income $57,759 ±$4,807
Median Rent $830 ±$82
Percentage Of Renters Overburdened 45.89% ± 12.38pp
Total Population 9,406

Population and Household Demographics

Bethalto is a city in Madison County, Illinois with a population of 9,406. There are 3,715 households in the city with an average household size of 2.51 persons. 34.67% of households in Bethalto are renters.

Income and Rent Overburden in Bethalto

The median gross income for households in Bethalto is $57,759 a year, or $4,813 a month. The median rent for the city is $830 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bethalto, a household making less than $2,767 a month would be considered overburdened when renting an apartment at or above the median rent. 45.89% of households who rent are overburdened in Bethalto.

Area Median Income In Bethalto

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bethalto, the AMI is calculated from all households within Madison County.

In Bethalto, HUD calculates the Area Median Income for a family of four as $97,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bethalto

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bethalto

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bethalto AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,950 $22,800 $25,650 $28,450 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Bethalto AMI may qualify for rental assistance programs that target Very Low Income households.
$33,250 $38,000 $42,750 $47,450 $51,250 $55,050 $58,850 $62,650
80% AMI Income Limits
Renters earning up to 80% of the Bethalto AMI may qualify for rental assistance programs that target Low Income households.
$53,150 $60,750 $68,350 $75,900 $82,000 $88,050 $94,150 $100,200