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

Discover affordable housing in Effingham where there are 11+ 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.

Effingham Village Apartments

504 N Henrietta St, Effingham, Illinois 62401

Slate Creek Apartments

2301 S Veterans Dr, Effingham, Illinois 62401

Lake Pointe Apartments

1706 Ford Avenue, Effingham, Illinois 62401

Colonnade Apartments

512 E Hendelmeyer Ave, Effingham, Illinois 62401

Village Apartments of Effingham I

103 E Hendelmeyer Ave, Effingham, Illinois 62401

Village Apartments of Effingham II

101 E Hendelmeyer Ave, Effingham, Illinois 62401

Burton - Devore Apartments

610 N Henrietta St, Effingham, Illinois 62401

Tensen Dairies Llc

17767 N 1630th St, Effingham, Illinois

215 N Banker St

215 N Banker St, Effingham, Illinois 62401

Parkway Manor

504 E Hendelmeyer Ave, Effingham, Illinois 62401

Village Apartments of Effingham Hr - 175

4th And Hendelmeyer, Effingham, Illinois 62501

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Effingham, Illinois
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Effingham, Illinois Affordable Housing ↓

What HUD offices serve Effingham, 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 Effingham, Illinois.

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

How many renters live in Effingham, Illinois?

The City of Effingham has 12,244 people living in 5,140 households.

There are 3,935 renters living in 1,872 renter households in this City. Renters make up 32.14 percent of the population living in Effingham.

What is the rental market like in Effingham, Illinois?

There are an estimated 5,538 housing units in the Effingham area. Of these, 2,009 units are rental homes, making up 36 percent of the housing market. For every renter household in Effingham, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Effingham?

The rental vacancy rate in Effingham is 7 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 Effingham for each bedroom size?

Occupied Rental Units by Size in Effingham
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
276 495 748 234 69
Occupied Rental Units by Size in Effingham

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

Among renter households in this market, 27 percent have housing cost burden. Further, 14 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 Effingham

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $625 to $1,173. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $625
One BR $629
Two BR $807
Three BR $1,125
Four BR $1,173
2024 Fair Market Rents in Effingham, Illinois

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

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 109 39 percent
One BR 295 60 percent
Two BR 484 65 percent
Rental Units Below FMR in Effingham, Illinois

How many affordable rental units are in Effingham?

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

Federal Program Unit Count
Low Income Housing Tax Credit 71
Public Housing 69
Section 8 Project-Based Rental Assistance 366
USDA Section 515 Rural Rental Housing 116
Tracked Units by Federal Program in Effingham, Illinois

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

Income Based Apartments in Effingham, Illinois

Effingham features 544 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 Effingham, Illinois

There are 79 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Effingham.

Housing Choice Vouchers in Effingham, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Effingham, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.