Affordable Housing In Gallatin County

5 Low Income Apartment Communities In Gallatin County

Abell Apartments

314 Cherry St
Omaha, IL

Wooley Apartments

522 W Lane St
Equality, IL

405 S Combs St

405 S Combs St
Ridgway, IL

Shawneetown Apartments

400 Park St
Shawneetown, IL
HCV Welcome

Sherman Street

109 N Sherman St
Ridgway, IL
HCV Welcome
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There are 5 low income housing apartment complexes which contain 123 affordable apartments for rent in Gallatin County. Many of these rental apartments are income based housing with 123 apartments that set rent based on your income. In Gallatin County, HUD housing programs support 26 rental assistance apartments through programs like Project-based Section 8. There are 0 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Gallatin County

Housing Authority Programs
Housing Authority of Gallatin County Public Housing

Guide To Affordable Housing in Gallatin County, Illinois

Gallatin County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 123
Total Rent Assisted Apartments 123
Percentage of Housing Units Occupied By Renters 22.88%
Average Renter Household Size 1.98
Total Population 5,385
Housing Units 2,408
Average Household Size 2.23
Median Household Income $39,636 ±$4,202
Median Rent $383 ±$55
Percentage Of Renters Overburdened 30.85% ± 9pp

Population and Household Demographics

Gallatin County is a County in Illinois with a population of 5,385. There are 2,408 households in the county with an average household size of 2.23 persons. 22.88% of households in Gallatin County are renters.

Income and Rent Overburden in Gallatin County

The median gross income for households in Gallatin County is $39,636 a year, or $3,303 a month. The median rent for the county is $383 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gallatin County, a household making less than $1,277 a month would be considered overburdened when renting an apartment at or above the median rent. 30.85% of households who rent are overburdened in Gallatin County.1

Area Median Income In Gallatin County

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.

In Gallatin County, HUD calculates the Area Median Income for a family of four as $52,900

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 Gallatin County

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 Gallatin County HUD Rental Assistance in Gallatin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% of Median $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Gallatin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Gallatin County is $35,820 a year, or $2,985 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,985 by 30% to get a maximum rent of $896 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $581 $623 $746 $863 $963 $1,062
60% $698 $747 $896 $1,035 $1,155 $1,274
Fair Market Rents in Gallatin County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$473 $609 $697 $997 $1,001

Cities In Gallatin County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Equality 1 The HUD funded Public Housing Agency that serves Equality is the Housing Authority of Gallatin County.
Omaha 1 The HUD funded Public Housing Agency that serves Omaha is the Housing Authority of Gallatin County.
Shawneetown 1 The HUD funded Public Housing Agency that serves Shawneetown is the Housing Authority of Gallatin County.
Junction 0
New Haven 0
Ridgway 2
Old Shawneetown 0