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Affordable Housing In Charleston
Coles County, Illinois

10 Low Income Apartment Communities In Charleston

Charleston I Charleston

1407 Monroe Ave
Charleston, Illinois
Call For Rent
1-2 BR
Subsidized

Charleston II Charleston

2100 E Madison Ave
Charleston, Illinois
Call For Rent
1-2 BR
Subsidized

Colonial Gardens Greenview Manor Apartments

623 W Grant Ave
Charleston, Illinois
Subsidized

Lincolnshire Apartments

1840 Douglas St
Charleston, Illinois

Cougill Apartments

500 W Polk Ave
Charleston, Illinois
Subsidized

Drehkh Properties

300 Taylor Ave
Charleston, Illinois

Village Apartments of Charleston

Route Edgar Dr
Charleston, Illinois
Accepts Vouchers

Greenview Apartments

1540 18th St
Charleston, Illinois
Subsidized

Country View Estates Hr - 239

2350 Madison Ave
Charleston, Illinois
Accepts Vouchers

Penny Lane

523 W Grant Ave
Charleston, Illinois
Subsidized
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Housing Authorities that serve Charleston

Housing Authority Programs
Housing Authority County of Coles Public Housing

Guide To Affordable Housing in Charleston, Illinois

There are 10 low income housing apartment communities offering 520 affordable apartments for rent in Charleston, Illinois.

Income Based Apartments in Charleston, Illinois

Charleston features 364 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 Charleston, Illinois

There are 156 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charleston.

Housing Choice Vouchers in Charleston, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Charleston, Illinois for a two-bedroom apartment is between $667 and $815.

2020 Charleston, 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
Fair Market Rent $500 $570 $741 $1,012 $1,075
Payment Standard Range $450 to $550 $513 to $627 $667 to $815 $911 to $1,113 $968 to $1,183

Sourced from federal housing data and AffordableHousingOnline.com research.

Charleston, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 520
Total Housing Units with Rental Assistance 364
Percentage of Housing Units Occupied By Renters 54.94%
Average Renter Household Size 2.13
Average Household Size 2.26
Median Household Income $28,473 ±$3,155
Median Rent $642 ±$25
Percentage Of Renters Overburdened 58.79% ± 5.86pp
Total Population 21,552

Population and Household Demographics

Charleston is a city in Coles County, Illinois with a population of 21,552. There are 7,845 households in the city with an average household size of 2.26 persons. 54.94% of households in Charleston are renters.

Income and Rent Overburden in Charleston

The median gross income for households in Charleston is $28,473 a year, or $2,373 a month. The median rent for the city is $642 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Charleston, a household making less than $2,140 a month would be considered overburdened when renting an apartment at or above the median rent. 58.79% of households who rent are overburdened in Charleston.

Area Median Income In Charleston

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 Charleston, the AMI is calculated from all households within Coles County.

In Charleston, HUD calculates the Area Median Income for a family of four as $62,800

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 Charleston

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 Charleston

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,250 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $23,700 $27,100 $30,500 $33,850 $36,600 $39,300 $42,000 $44,700
80% of Median $37,950 $43,350 $48,750 $54,150 $58,500 $62,850 $67,150 $71,500