What HUD offices serve Blue Island, 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 Blue Island.
How many renters live in Blue Island, Illinois?
The City of Blue Island has people living in households.
There are renters living in renter households in this City. Renters make up 43.18 percent of the population living in Blue Island.
What is the rental market like in Blue Island, Illinois?
There are an estimated housing units in the Blue Island area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Blue Island, Illinois, there are 1.02 rental units.
What is the vacancy rate for rentals in Blue Island?
The rental vacancy rate in Blue Island is 2 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 Blue Island for each bedroom size?
Occupied Rental Units by Size in Blue Island
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
406 | 1,300 | 1,964 | 691 | 60 |
Occupied Rental Units by Size in Blue Island
A large number of apartments in Blue Island 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 Blue Island
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 Blue Island, Illinois
How many units are rented at Fair Market Rent (FMR) in Blue Island?
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 | 357 | 88 percent |
One BR | 1,137 | 87 percent |
Two BR | 1,812 | 92 percent |
Rental Units Below FMR in Blue Island, Illinois
How many affordable rental units are in Blue Island?
There are a variety of federal affordable housing programs serving households in Blue Island, Illinois including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Blue Island, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Blue Island, Illinois
Blue Island 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 Blue Island, Illinois
There are 208 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blue Island.
Housing Choice Vouchers in Blue Island, Illinois
On average, Section 8 Housing Choice vouchers pay Blue Island landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Blue Island.
The maximum amount a voucher would pay on behalf of a low-income tenant in Blue Island, Illinois for a two-bedroom apartment is between $1,543 and $1,885.
Sourced from federal housing data and AffordableHousingOnline.com research.