Affordable Housing In Champaign
Champaign County, Illinois

15 Low Income Apartment Communities In Champaign

Bristol Place

Bradley Ave & Market St
Champaign, IL
Call For Rent
2-3 BR
HCV Welcome

Town Center Apartments

2413 N. Neil Street
Champaign, IL
2-3 BR
HCV Welcome

Countrybrook Apartments

2592 W Springfield Ave
Champaign, IL
Call For Rent
1-3 BR

Eden Supportive Living of Champaign

222 N State St
Champaign, IL
HCV Welcome
Supportive Housing

Round Barn Manor Apartments

2000 W John Street
Champaign, IL

Gramercy Park Apartments

2106 W White St
Champaign, IL

Times Center Construction

70 E Washington St
Champaign, IL
HCV Welcome

Douglas Square Apartments

Bradley And 4th St
Champaign, IL
HCV Welcome

Burch Village Redevelopment Mhr - 2055 E

E Bradley Ave
Champaign, IL
HCV Welcome

Columbia Place

501 E Columbia Ave
Champaign, IL

Housing Authorities that serve Champaign

Housing Authority Programs
Housing Authority of Champaign County Section 8 Housing Choice Voucher (HCV); Moving to Work; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Champaign, Illinois

There are 15 low income housing apartment communities offering 1,669 affordable apartments for rent in Champaign, Illinois. Champaign features 597 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 568 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Champaign.

Sourced from federal housing data and research.

Champaign, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,669
Total Housing Units with Rental Assistance 597
Percentage of Housing Units Occupied By Renters 53.09%
Average Renter Household Size 2.21
Average Household Size 2.30
Median Household Income $42,094 ±$1,660
Median Rent $874 ±$22
Percentage Of Renters Overburdened 53.97% ± 2.81pp
Total Population 84,008

Population and Household Demographics

Champaign is a City in Champaign County, Illinois with a population of 84,008. There are 33,088 households in the city with an average household size of 2.30 persons. 53.09% of households in Champaign are renters.

Income and Rent Overburden in Champaign

The median gross income for households in Champaign is $42,094 a year, or $3,508 a month. The median rent for the city is $874 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Champaign, a household making less than $2,913 a month would be considered overburdened when renting an apartment at or above the median rent. 53.97% of households who rent are overburdened in Champaign.1

Area Median Income In Champaign

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 Champaign, the AMI is calculated from all households within Champaign County.

In Champaign, HUD calculates the Area Median Income for a family of four as $79,500

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 Champaign

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 Champaign HUD Rental Assistance in Champaign

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,700 $19,100 $21,500 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
80% of Median $44,550 $50,900 $57,250 $63,600 $68,700 $73,800 $78,900 $84,000
Low Income Housing Tax Credits in Champaign

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2006, 5 low income apartment communities containing 537 rental apartments have been constructed and made affordable to low income persons in Champaign by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Champaign

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
60% of Median $33,420 $38,160 $42,960 $47,700 $51,540 $55,380 $59,160 $63,000

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Champaign is $42,960 a year, or $3,580 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,580 by 30% to get a maximum rent of $1,074 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $696 $746 $895 $1,034 $1,154 $1,273
60% $836 $895 $1,074 $1,241 $1,385 $1,527
Fair Market Rents in Champaign

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$725 $730 $862 $1,108 $1,305