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

Discover affordable housing in Caseyville where there are 2+ 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.

Knollwood Retirement Center St Clair

921 Knollwood Village Rd, Caseyville, Illinois 62232

Valley Ridge Senior Community

8805 Braden Dr, Caseyville, Illinois 60611

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 Caseyville, 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 Caseyville, Illinois Affordable Housing ↓

What HUD offices serve Caseyville, 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 Caseyville, Illinois.

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

How many renters live in Caseyville, Illinois?

The City of Caseyville has 3,893 people living in 1,396 households.

There are 885 renters living in 328 renter households in this City. Renters make up 22.73 percent of the population living in Caseyville.

What is the rental market like in Caseyville, Illinois?

There are an estimated 1,550 housing units in the Caseyville area. Of these, 328 units are rental homes, making up 21 percent of the housing market. For every renter household in Caseyville, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Caseyville?

The rental vacancy rate in Caseyville is 0 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 Caseyville for each bedroom size?

Occupied Rental Units by Size in Caseyville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 96 146 77 9
Occupied Rental Units by Size in Caseyville

A large number of apartments in Caseyville 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 Caseyville are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 31 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 Caseyville

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 Caseyville, Illinois

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

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 16 17 percent
Two BR 89 61 percent
Rental Units Below FMR in Caseyville, Illinois

How many affordable rental units are in Caseyville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 123
Tracked Units by Federal Program in Caseyville, Illinois

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

Income Based Apartments in Caseyville, Illinois

Caseyville 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 Caseyville, Illinois

There are 139 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caseyville.

Housing Choice Vouchers in Caseyville, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.