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

Discover affordable housing in Galena 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.

Coatsworth Building

126 S Main St, Galena, Illinois 61036

payment Subsidized

Victoria Heights Galena Apartments

831 Young Street, Galena, Illinois 61036

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

612 Elk St Unit 4

612 Elk St Unit 4, Galena, Illinois 61036

bed 2
payment $720/mo.

Prestwick Senior Community

957 James St, Galena, Illinois 61036

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Victoria Heights Galena

840 Elk St, Galena, Illinois 61036

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
accessibility Accessible

Gearview Hgts Mccoy Manor

341 Franklin St, Galena, Illinois 61036

payment Subsidized

How To Identify Affordable Housing in Galena, 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 Galena, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Galena, Illinois Affordable Housing ↓

What HUD offices serve Galena, 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 programs for Galena, Illinois.

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

How many renters live in Galena, Illinois?

The City of Galena has people living in households.

There are renters living in renter households in this City. Renters make up 24.67 percent of the population living in Galena.

What is the rental market like in Galena, Illinois?

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

What is the vacancy rate for rentals in Galena?

The rental vacancy rate in Galena 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 Galena for each bedroom size?

Occupied Rental Units by Size in Galena
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 285 292 41 0
Occupied Rental Units by Size in Galena

A large number of apartments in Galena 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 Galena

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $596 to $1,075. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $596
One BR $680
Two BR $807
Three BR $1,071
Four BR $1,075
2024 Fair Market Rents in Galena, Illinois

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

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
One BR 209 73 percent
Two BR 116 40 percent
Rental Units Below FMR in Galena, Illinois

How many affordable rental units are in Galena?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Galena, Illinois

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

Income Based Apartments in Galena, Illinois

Galena features 164 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 Galena, Illinois

There are 41 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Galena.

Housing Choice Vouchers in Galena, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening