Affordable Housing In Canton
Fulton County, Illinois

9 Low Income Apartment Communities In Canton

Ashland Place Townhomes

1750 Ash St
Canton, Illinois
Call For Rent
1-3 BR

Canton Country Club Apartments

55 East Cypress Street
Canton, Illinois
Call For Rent
1-2 BR

Amcore I - Village Square Elderly Apartments

1612 E Myrtle St
Canton, Illinois

East Elm Apartments

1405 E Elm St
Canton, Illinois

Third and Oak Apartments

500 S 3rd Ave
Canton, Illinois
Elderly Supportive Housing

Oaklawn Apartments

1002 E Oak St
Canton, Illinois

Longview Apartments

414 N 1st Ave
Canton, Illinois

Maple Manor Apartments

250 S Main St
Canton, Illinois

Village Square II

1624 E Myrtle St
Canton, Illinois
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Section 8 Vouchers, Apartments, and Waiting Lists in Canton, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Canton, Illinois

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

Guide To Affordable Housing in Canton, Illinois

There are 9 low income housing apartment communities offering 538 affordable apartments for rent in Canton, Illinois.

Income Based Apartments in Canton, Illinois

Canton features 521 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 Canton, Illinois

There are 17 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Canton.

Housing Choice Vouchers in Canton, Illinois

On average, Section 8 Housing Choice vouchers pay Canton landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Canton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Canton, Illinois for a two-bedroom apartment is between $675 and $825.

2022 Canton, 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
Canton, Illinois Fair Market Rent $566 $570 $750 $927 $1,217
Canton, Illinois Payment Standard Range $509 to $623 $513 to $627 $675 to $825 $834 to $1,020 $1,095 to $1,339

Sourced from federal housing data and research.

Canton, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 538
Total Housing Units with Rental Assistance 521
Percentage of Housing Units Occupied By Renters 37.23%
Average Renter Household Size 2.25
Average Household Size 2.25
Median Household Income $37,643 ±$4,753
Median Rent $598 ±$59
Percentage Of Renters Overburdened 46.45% ± 8.27pp
Total Population 14,539

Population and Household Demographics

Canton is a city in Fulton County, Illinois with a population of 14,539. There are 5,603 households in the city with an average household size of 2.25 persons. 37.23% of households in Canton are renters.

Income and Rent Overburden in Canton

The median gross income for households in Canton is $37,643 a year, or $3,137 a month. The median rent for the city is $598 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Canton, a household making less than $1,993 a month would be considered overburdened when renting an apartment at or above the median rent. 46.45% of households who rent are overburdened in Canton.

Area Median Income In Canton

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 Canton, the AMI is calculated from all households within Fulton County.

In Canton, HUD calculates the Area Median Income for a family of four as $63,500

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 Canton

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 Canton

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 Canton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,250 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Canton AMI may qualify for rental assistance programs that target Very Low Income households.
$23,800 $27,200 $30,600 $33,950 $36,700 $39,400 $42,100 $44,850
80% AMI Income Limits
Renters earning up to 80% of the Canton AMI may qualify for rental assistance programs that target Low Income households.
$38,050 $43,450 $48,900 $54,300 $58,650 $63,000 $67,350 $71,700