Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Elgin
Cook County, Illinois

Elgin city limits extend into  and  Kane County.

15 Low Income Apartment Communities In Elgin

Buena Vista Apartments

1285 Fleetwood Dr
Elgin, Illinois
Income Based
1-3 BR

Westwind Tower Apartments

104 South State Street
Elgin, Illinois
Call For Rent
1 BR

Fox River Crossing Apartments

300 N State St
Elgin, Illinois
Income Based-953
2 BR

Buena Vista Townhomes

1285 Fleetwood Dr
Elgin, Illinois
Call For Rent
1-3 BR

Buena Vista Towers

222 Locust St
Elgin, Illinois
Call For Rent
1-3 BR

Larkin Center

1212 Larkin Avenue
Elgin, Illinois

Burnham Manor

1350 Fleetwood Dr
Elgin, Illinois

Burnham Schoolhouse

260 Center St
Elgin, Illinois

Kane Cook Homes

458 Clark St
Elgin, Illinois
Disabled Supportive Housing

Center City Place

156 Division St
Elgin, Illinois

Housing Authorities that serve Elgin

Housing Authority Programs
Housing Authority of Elgin Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Elgin, Illinois

There are 15 low income housing apartment communities offering 1,224 affordable apartments for rent in Elgin, Illinois.

Income Based Apartments in Elgin, Illinois

Elgin features 604 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 Elgin, Illinois

There are 620 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Elgin.

Housing Choice Vouchers in Elgin, Illinois

On average, Section 8 Housing Choice vouchers pay Elgin landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Elgin.

The maximum amount a voucher would pay on behalf of a low-income tenant in Elgin, Illinois for a two-bedroom apartment is between $1,169 and $1,429.

2021 Elgin, Illinois Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Elgin, Illinois Fair Market Rent $1,012 $1,122 $1,299 $1,649 $1,969
Elgin, Illinois Payment Standard Range $911 to $1,113 $1,010 to $1,234 $1,169 to $1,429 $1,484 to $1,814 $1,772 to $2,166

Sourced from federal housing data and research.

Elgin, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,224
Total Housing Units with Rental Assistance 604
Percentage of Housing Units Occupied By Renters 33.59%
Average Renter Household Size 3.26
Average Household Size 3.14
Median Household Income $60,499 ±$2,765
Median Rent $981 ±$22
Percentage Of Renters Overburdened 51% ± 4.18pp
Total Population 112,105

Population and Household Demographics

Elgin is a city in Cook County, Illinois with a population of 112,105. There are 35,075 households in the city with an average household size of 3.14 persons. 33.59% of households in Elgin are renters.

Income and Rent Overburden in Elgin

The median gross income for households in Elgin is $60,499 a year, or $5,042 a month. The median rent for the city is $981 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Elgin, a household making less than $3,270 a month would be considered overburdened when renting an apartment at or above the median rent. 51% of households who rent are overburdened in Elgin.

Area Median Income In Elgin

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Elgin, the AMI is calculated from all households within Cook County.

In Elgin, HUD calculates the Area Median Income for a family of four as $91,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Elgin

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Elgin

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Elgin AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,150 $21,850 $24,600 $27,300 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Elgin AMI may qualify for rental assistance programs that target Very Low Income households.
$31,850 $36,400 $40,950 $45,500 $49,150 $52,800 $56,450 $60,100
80% AMI Income Limits
Renters earning up to 80% of the Elgin AMI may qualify for rental assistance programs that target Low Income households.
$51,000 $58,250 $65,550 $72,800 $78,650 $84,450 $90,300 $96,100