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

Discover affordable housing in Cahokia 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.

Village Place Apartments

304 Cooper Dr, Cahokia, Illinois 62206

calendar_today Opened: Mar 31
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cahokia, Illinois
$22.90/hour
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Cahokia, Illinois Affordable Housing ↓

What HUD offices serve Cahokia, 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 programs for Cahokia, Illinois.

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

How many renters live in Cahokia, Illinois?

The City of Cahokia has 12,440 people living in 4,012 households.

There are 7,384 renters living in 2,263 renter households in this City. Renters make up 59.36 percent of the population living in Cahokia.

What is the rental market like in Cahokia, Illinois?

There are an estimated 5,575 housing units in the Cahokia area. Of these, 2,480 units are rental homes, making up 44 percent of the housing market. For every renter household in Cahokia, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Cahokia?

The rental vacancy rate in Cahokia is 6 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 Cahokia for each bedroom size?

Occupied Rental Units by Size in Cahokia
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 255 818 946 136
Occupied Rental Units by Size in Cahokia

A large number of apartments in Cahokia have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Cahokia are overburdened by housing costs?

Among renter households in this market, 57 percent have housing cost burden. Further, 32 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Cahokia

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Cahokia, Illinois

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

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
One BR 221 87 percent
Two BR 602 74 percent
Rental Units Below FMR in Cahokia, Illinois

How many affordable rental units are in Cahokia?

There are a variety of federal affordable housing programs serving households in Cahokia, Illinois including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 22
Section 8 Project-Based Rental Assistance 2
Tracked Units by Federal Program in Cahokia, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Cahokia, Illinois

Cahokia 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 Cahokia, Illinois

There are 22 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cahokia.

Housing Choice Vouchers in Cahokia, Illinois

On average, Section 8 Housing Choice vouchers pay Cahokia landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Cahokia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cahokia, Illinois for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.