Low Income Apartments and Affordable Housing For Rent in East Alton, IL

Discover affordable housing in East Alton 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.

Township Village Apartments

617 Valley Drive, East Alton, Illinois 62024

bed 1-3
payment Subsidized

111 S Shamrock St Unit 3

111 S Shamrock St Unit 3, East Alton, Illinois 62024

bed 1
payment $800/mo.

221 W St Louis Ave Unit 1

221 W St Louis Ave Unit 1, East Alton, Illinois 62024

bed 1
payment $850/mo.

53 E Rosewood Dr Unit 53

53 E Rosewood Dr Unit 53, East Alton, Illinois 62024

bed 1
payment $750/mo.

147 Ohio St

147 Ohio St, East Alton, Illinois 62024

bed 2
payment $975/mo.

201 N Shamrock St

201 N Shamrock St, East Alton, Illinois 62024

bed 1
payment $675/mo.

525 Sullivan St

525 Sullivan St, East Alton, Illinois 62024

bed 1
payment $600/mo.

201 N Shamrock St

201 N Shamrock St, East Alton, Illinois 62024

bed 1
payment $675/mo.

613 Reed Dr

613 Reed Dr, East Alton, Illinois 62024

bed 3
payment $1100/mo.

417 Church St

417 Church St, East Alton, Illinois 62024

bed 3
payment $925/mo.

117 S Shamrock St Unit 10

117 S Shamrock St Unit 10, East Alton, Illinois 62024

bed 1
payment $895/mo.

Olin Building

310 Smith Street , East Alton, Illinois 62024

bed Studio-2

Theodoro Residence

South And Niagara, East Alton, Illinois 62024

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in East Alton, 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 East Alton, Illinois
$22.90/hour
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About East Alton, Illinois Affordable Housing ↓

What HUD offices serve East Alton, 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, Family Self-Sufficiency programs for East Alton, Illinois.

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

How many renters live in East Alton, Illinois?

The City of East Alton has people living in households.

There are renters living in renter households in this City. Renters make up 32.7 percent of the population living in East Alton.

What is the rental market like in East Alton, Illinois?

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

What is the vacancy rate for rentals in East Alton?

The rental vacancy rate in East Alton is 9 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 East Alton for each bedroom size?

Occupied Rental Units by Size in East Alton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
39 183 391 220 0
Occupied Rental Units by Size in East Alton

A large number of apartments in East Alton 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 East Alton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in East Alton, Illinois

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

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 39 100 percent
One BR 161 88 percent
Two BR 304 78 percent
Rental Units Below FMR in East Alton, Illinois

How many affordable rental units are in East Alton?

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

Federal Program Unit Count
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in East Alton, Illinois

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

Income Based Apartments in East Alton, Illinois

East Alton features 181 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 East Alton, Illinois

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

Housing Choice Vouchers in East Alton, Illinois

On average, Section 8 Housing Choice vouchers pay East Alton landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in East Alton.

The maximum amount a voucher would pay on behalf of a low-income tenant in East Alton, Illinois for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.

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