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

Discover affordable housing in Charleston where there are 22+ 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.

Greenview Apartments

1540 18th St, Charleston, Illinois 61920

Village Apartments of Charleston

Route Edgar Dr, Charleston, Illinois 61920

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Charleston, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Charleston, Illinois
$16.06/hour
$2.06 (+15%) more than Illinois minimum wage and $8.81 (+122%) more than the Federal minimum wage.
Learn More About Charleston, Illinois Affordable Housing ↓

What HUD offices serve Charleston, 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), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Charleston, Illinois.
Operates the Public Housing programs for Charleston, Illinois.

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

How many renters live in Charleston, Illinois?

The City of Charleston has people living in households.

There are renters living in renter households in this City. Renters make up 39.06 percent of the population living in Charleston.

What is the rental market like in Charleston, Illinois?

There are an estimated housing units in the Charleston area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Charleston, Illinois, there are 1.1 rental units.

What is the vacancy rate for rentals in Charleston?

The rental vacancy rate in Charleston is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Charleston for each bedroom size?

Occupied Rental Units by Size in Charleston
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
208 834 1,644 909 306
Occupied Rental Units by Size in Charleston

A large number of apartments in Charleston have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Charleston

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $575 to $1,133. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $575
One BR $645
Two BR $848
Three BR $1,123
Four BR $1,133
2024 Fair Market Rents in Charleston, Illinois

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

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 135 65 percent
One BR 424 51 percent
Two BR 859 52 percent
Rental Units Below FMR in Charleston, Illinois

How many affordable rental units are in Charleston?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Charleston, Illinois

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

Income Based Apartments in Charleston, Illinois

Charleston features 240 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 286 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 $763 and $933.

Sourced from federal housing data and AffordableHousingOnline.com research.

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