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

Discover affordable housing in Dwight where there are 6+ 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.

Dwight Country Place Apartments

112 South John Street, Dwight, Illinois 60420

Dwight Commons

111 Bannon Dr, Dwight, Illinois 60420

William Street Townhomes

401 Williams St, Dwight, Illinois 60420

South Street Apts.

415 W South St, Dwight, Illinois

Village Apartments of Dwight

508 S Union St, Dwight, Illinois 60420

Dwight Apartments

107 S John St, Dwight, Illinois 60420

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Dwight, Illinois
$16.86/hour
$2.86 (+20%) more than Illinois minimum wage and $9.61 (+133%) more than the Federal minimum wage.
Learn More About Dwight, Illinois Affordable Housing ↓

What HUD offices serve Dwight, 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 Public Housing programs for Dwight, Illinois.

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

How many renters live in Dwight, Illinois?

The City of Dwight has 3,814 people living in 1,542 households.

There are 1,133 renters living in 522 renter households in this City. Renters make up 29.71 percent of the population living in Dwight.

What is the rental market like in Dwight, Illinois?

There are an estimated 1,689 housing units in the Dwight area. Of these, 540 units are rental homes, making up 32 percent of the housing market. For every renter household in Dwight, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Dwight?

The rental vacancy rate in Dwight is 3 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 Dwight for each bedroom size?

Occupied Rental Units by Size in Dwight
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 47 331 118 4
Occupied Rental Units by Size in Dwight

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

Among renter households in this market, 31 percent have housing cost burden. Further, 17 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 Dwight

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,025 to $1,984. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,025
One BR $1,134
Two BR $1,490
Three BR $1,947
Four BR $1,984
2024 Fair Market Rents in Dwight, Illinois

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

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 0 100 percent
One BR 15 32 percent
Two BR 101 31 percent
Rental Units Below FMR in Dwight, Illinois

How many affordable rental units are in Dwight?

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

Federal Program Unit Count
Low Income Housing Tax Credit 28
Section 8 Project-Based Rental Assistance 24
USDA Section 515 Rural Rental Housing 76
Tracked Units by Federal Program in Dwight, Illinois

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

Income Based Apartments in Dwight, Illinois

Dwight features 76 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 Dwight, Illinois

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dwight.

Housing Choice Vouchers in Dwight, Illinois

On average, Section 8 Housing Choice vouchers pay Dwight landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Dwight.

The maximum amount a voucher would pay on behalf of a low-income tenant in Dwight, Illinois for a two-bedroom apartment is between $801 and $979.

Sourced from federal housing data and AffordableHousingOnline.com research.