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Affordable Housing In Bond County
Illinois


Waiting List Openings In Bond County

Waiting ListStatus
Menard County Housing Authority Housing Choice Voucher Open Now

7 Low Income Apartment Communities In Bond County

Countryview Apartments

1805 S Elm St
Greenville, Illinois
Call For Rent
2 BR
Subsidized

Green Gables Apartments

Avonlea Drive
Greenville, Illinois
Call For Rent
2-4 BR
Family & Senior

Forrest View VII Apartments

115 N 6th St
Mulberry Grove, Illinois

Almira Manor

220 Cedar St
Greenville, Illinois
Subsidized
62+
Accessible
Elderly Supportive Housing

Kingsbury Campus Apartments Hr - 480

Us Route 40
Greenville, Illinois

Alex Long Talmage Defrees Apartments

306 S 1st St
Greenville, Illinois

Greenwood Apts.

934 Beaumont Ave.
Greenville, Illinois
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Housing Authorities that serve Bond County

Housing Authority Programs
Housing Authority of the County of Bond Public Housing
Menard County Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Bond County, Illinois

There are 7 low income housing apartment communities offering 324 affordable apartments for rent in Bond County, Illinois.

Income Based Apartments in Bond County, Illinois

Bond County features 270 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 Bond County, Illinois

There are 54 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bond County.

Housing Choice Vouchers in Bond County, Illinois

On average, Section 8 Housing Choice vouchers pay Bond County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bond County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bond County, Illinois for a two-bedroom apartment is between $666 and $814.

2021 Bond County, 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
Bond County, Illinois Fair Market Rent $581 $585 $740 $920 $1,134
Bond County, Illinois Payment Standard Range $523 to $639 $527 to $644 $666 to $814 $828 to $1,012 $1,021 to $1,247

Sourced from federal housing data and AffordableHousingOnline.com research.

Bond County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 324
Total Housing Units with Rental Assistance 270
Percentage of Housing Units Occupied By Renters 23.16%
Average Renter Household Size 2.72
Average Household Size 2.57
Median Household Income $47,946 ±$3,835
Median Rent $608 ±$62
Percentage Of Renters Overburdened 29.71% ± 8.62pp
Total Population 17,313

Population and Household Demographics

Bond County is a county in Illinois with a population of 17,313. There are 6,148 households in the county with an average household size of 2.57 persons. 23.16% of households in Bond County are renters.

Income and Rent Overburden in Bond County

The median gross income for households in Bond County is $47,946 a year, or $3,996 a month. The median rent for the county is $608 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bond County, a household making less than $2,027 a month would be considered overburdened when renting an apartment at or above the median rent. 29.71% of households who rent are overburdened in Bond County.

Area Median Income In Bond County

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.

In Bond County, HUD calculates the Area Median Income for a family of four as $71,900

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 Bond County

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 Bond County

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 Bond County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,100 $17,250 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Bond County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,200 $28,800 $32,400 $35,950 $38,850 $41,750 $44,600 $47,500
80% AMI Income Limits
Renters earning up to 80% of the Bond County AMI may qualify for rental assistance programs that target Low Income households.
$40,250 $46,000 $51,750 $57,500 $62,100 $66,700 $71,300 $75,900

Cities In Bond County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Donnellson The HUD funded Public Housing Agencies that serve Donnellson are the Housing Authority of the County of Bond and Menard County Housing Authority.
Greenville The HUD funded Public Housing Agencies that serve Greenville are the Housing Authority of the County of Bond and Menard County Housing Authority.
Keyesport The HUD funded Public Housing Agencies that serve Keyesport are the Housing Authority of the County of Bond and Menard County Housing Authority.
Mulberry Grove The HUD funded Public Housing Agencies that serve Mulberry Grove are the Housing Authority of the County of Bond and Menard County Housing Authority.
Old Ripley The HUD funded Public Housing Agencies that serve Old Ripley are the Housing Authority of the County of Bond and Menard County Housing Authority.
Panama The HUD funded Public Housing Agencies that serve Panama are the Housing Authority of the County of Bond and Menard County Housing Authority.
Pierron The HUD funded Public Housing Agencies that serve Pierron are the Housing Authority of the County of Bond and Menard County Housing Authority.
Pocahontas The HUD funded Public Housing Agencies that serve Pocahontas are the Housing Authority of the County of Bond and Menard County Housing Authority.
Smithboro The HUD funded Public Housing Agencies that serve Smithboro are the Housing Authority of the County of Bond and Menard County Housing Authority.
Sorento The HUD funded Public Housing Agencies that serve Sorento are the Housing Authority of the County of Bond and Menard County Housing Authority.