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Affordable Housing In Bushnell
McDonough County, Illinois

4 Low Income Apartment Communities In Bushnell

Fitch Manor

1500 W Main St
Bushnell, Illinois
Subsidized

Greenbriar

770 W Hurst St
Bushnell, Illinois

Bushnell Apartments

543 E Twyman St
Bushnell, Illinois

Mosaic at Bushnell Housing

8th and Dean - Hurst and Sperry St
Bushnell, Illinois
Accepts Vouchers
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Housing Authorities that serve Bushnell

Housing Authority Programs
Housing Authority of McDonough County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Bushnell, Illinois

There are 4 low income housing apartment communities offering 114 affordable apartments for rent in Bushnell, Illinois.

Income Based Apartments in Bushnell, Illinois

Bushnell features 98 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 Bushnell, Illinois

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bushnell.

Housing Choice Vouchers in Bushnell, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bushnell, Illinois for a two-bedroom apartment is between $628 and $768.

2020 Bushnell, 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
Fair Market Rent $474 $567 $698 $885 $1,057
Payment Standard Range $427 to $521 $510 to $624 $628 to $768 $797 to $974 $951 to $1,163

Sourced from federal housing data and AffordableHousingOnline.com research.

Bushnell, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 114
Total Housing Units with Rental Assistance 98
Percentage of Housing Units Occupied By Renters 25.26%
Average Renter Household Size 1.94
Average Household Size 2.41
Median Household Income $34,912 ±$5,291
Median Rent $315 ±$120
Percentage Of Renters Overburdened 35.99% ± 14.8pp
Total Population 3,022

Population and Household Demographics

Bushnell is a City in McDonough County, Illinois with a population of 3,022. There are 1,243 households in the city with an average household size of 2.41 persons. 25.26% of households in Bushnell are renters.

Income and Rent Overburden in Bushnell

The median gross income for households in Bushnell is $34,912 a year, or $2,909 a month. The median rent for the city is $315 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bushnell, a household making less than $1,050 a month would be considered overburdened when renting an apartment at or above the median rent. 35.99% of households who rent are overburdened in Bushnell.1

Area Median Income In Bushnell

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 Bushnell, the AMI is calculated from all households within McDonough County.

In Bushnell, HUD calculates the Area Median Income for a family of four as $69,200

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 Bushnell

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 Bushnell

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% of Median $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100