Affordable Housing In Elgin
Cook County, Illinois

Elgin city limits extend into  and  Kane County.

15 Low Income Apartment Communities In Elgin

Westwind Tower Apartments

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

Buena Vista Apartments

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

Wing Schoolhouse

260 Center St
Elgin, Illinois
Call For Rent
Studio-3 BR
Subsidized

Fox River Crossing Apartments

300 N State St
Elgin, Illinois
Income Based-953
2 BR
62+

Buena Vista Townhomes

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

Buena Vista Towers

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

Larkin Center

1212 Larkin Avenue
Elgin, Illinois

Burnham Manor

1350 Fleetwood Dr
Elgin, Illinois
Subsidized

Kane Cook Homes

458 Clark St
Elgin, Illinois
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Center City Place

156 Division St
Elgin, Illinois

Section 8 Vouchers, Apartments, and Waiting Lists in Elgin, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Elgin, Illinois

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 753 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 471 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 $1,206 and $1,474.

2022 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 $1,059 $1,161 $1,340 $1,697 $2,018
Elgin, Illinois Payment Standard Range $953 to $1,165 $1,045 to $1,277 $1,206 to $1,474 $1,527 to $1,867 $1,816 to $2,220

Sourced from federal housing data and AffordableHousingOnline.com research.

Elgin, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,224
Total Housing Units with Rental Assistance 753
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 $93,200

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.
$19,600 $22,400 $25,200 $27,950 $31,040 $35,580 $40,120 $44,660
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.
$32,650 $37,300 $41,950 $46,600 $50,350 $54,100 $57,800 $61,550
80% AMI Income Limits
Renters earning up to 80% of the Elgin AMI may qualify for rental assistance programs that target Low Income households.
$52,200 $59,650 $67,100 $74,550 $80,550 $86,500 $92,450 $98,450