Low Income Apartments and Affordable Housing For Rent in Morgan County, IL

Discover affordable housing in Morgan County where there are 13+ 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.

Tanner Court

W Tanner St, Waverly, Illinois 62692

Balsam Terrace

1215 Lincoln Ave , Jacksonville, Illinois 62650

Spruce Manor

1217 Lincoln Ave , Jacksonville, Illinois 62650

Prairie Estates

1320 Tendick Street, Jacksonville, Illinois 62650

Jacksonville Affordable Housing, Lp

200 Labor Dr, South Jacksonville, Illinois 62650

Stonebridge Apartments

Aprx 1350 Lincoln Ave, Jacksonville, Illinois 62650

Knollwood Retirement Center, Slf

20 Jacksonville Pl, Jacksonville, Illinois 62650

Laborers Home Development IV

1335 S Diamond St, Jacksonville, Illinois 62650

The Downtown Commons

Block Bordered By Main Sandy, Jacksonville, Illinois 62650

Beecher Plaza Vas Homes

101 Walnut Ct, Jacksonville, Illinois 62650

Beecher High Rise Cottages

301 W Beecher Ave, Jacksonville, Illinois 62650

Turner High Rise Scattered Midd Sites

800 Hoagland Blvd, Jacksonville, Illinois 62650

Pine Ridge Apartments

1120 Illinois Ave, Jacksonville, Illinois 62650

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Morgan County, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Morgan County, Illinois Affordable Housing ↓

What HUD offices serve Morgan County, 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 Morgan County, Illinois.

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

How many renters live in Morgan County, Illinois?

The County of Morgan County has 32,882 people living in 13,293 households.

There are 8,194 renters living in 3,854 renter households in this County. Renters make up 24.92 percent of the population living in Morgan County.

What is the rental market like in Morgan County, Illinois?

There are an estimated 15,072 housing units in the Morgan County area. Of these, 4,103 units are rental homes, making up 27 percent of the housing market. For every renter household in Morgan County, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Morgan County?

The rental vacancy rate in Morgan County is 5 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 Morgan County for each bedroom size?

Occupied Rental Units by Size in Morgan County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
79 1,142 1,309 1,033 224
Occupied Rental Units by Size in Morgan County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 14 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 Morgan County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,234. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $614
Two BR $807
Three BR $1,000
Four BR $1,234
2024 Fair Market Rents in Morgan County, Illinois

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

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
Studio 24 30 percent
One BR 753 66 percent
Two BR 711 54 percent
Rental Units Below FMR in Morgan County, Illinois

How many affordable rental units are in Morgan County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 482
Public Housing 408
Section 8 Project-Based Rental Assistance 189
Section 202 Supportive Housing for the Elderly 35
Section 811 Supportive Housing for Persons with Disabilities 14
Tracked Units by Federal Program in Morgan County, Illinois

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

Income Based Apartments in Morgan County, Illinois

Morgan County features 738 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 Morgan County, Illinois

There are 242 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morgan County.

Housing Choice Vouchers in Morgan County, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Morgan County, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.