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

Discover affordable housing in Crete where there are 5+ 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.

Deboprah House

23858 S Deborah Ct, Crete, Illinois 60417

New Hope Trust Residences

1545 Williams Ct, Crete, Illinois 60417

Candice House

23810 S Candice Ct, Crete, Illinois 60417

St James Senior Estates II

1251 E Richton Rd, Crete, Illinois 60417

St James Senior Housing

3700 Eagle Nest Dr, Crete, Illinois 60417

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crete, Illinois
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Crete, Illinois Affordable Housing ↓

What HUD offices serve Crete, 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, Section 8 Project-Based Voucher (PBV) programs for Crete, Illinois.

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

How many renters live in Crete, Illinois?

The City of Crete has 8,425 people living in 3,109 households.

There are 716 renters living in 297 renter households in this City. Renters make up 8.5 percent of the population living in Crete.

What is the rental market like in Crete, Illinois?

There are an estimated 3,332 housing units in the Crete area. Of these, 360 units are rental homes, making up 11 percent of the housing market. For every renter household in Crete, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Crete?

The rental vacancy rate in Crete is 18 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 Crete for each bedroom size?

Occupied Rental Units by Size in Crete
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 41 129 80 9
Occupied Rental Units by Size in Crete

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

Among renter households in this market, 57 percent have housing cost burden. Further, 32 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 Crete

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,399
One BR $1,507
Two BR $1,714
Three BR $2,182
Four BR $2,583
2024 Fair Market Rents in Crete, Illinois

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

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 33 87 percent
One BR 41 100 percent
Two BR 81 63 percent
Rental Units Below FMR in Crete, Illinois

How many affordable rental units are in Crete?

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

Federal Program Unit Count
Low Income Housing Tax Credit 68
Section 811 Supportive Housing for Persons with Disabilities 12
Tracked Units by Federal Program in Crete, Illinois

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

Income Based Apartments in Crete, Illinois

Crete features 24 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 Crete, Illinois

There are 85 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crete.

Housing Choice Vouchers in Crete, Illinois

On average, Section 8 Housing Choice vouchers pay Crete landlords $1,300 per month towards rent. The average voucher holder contributes $400 towards rent in Crete.

The maximum amount a voucher would pay on behalf of a low-income tenant in Crete, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.