Affordable Housing In Granite City
Madison County, Illinois

10 Low Income Apartment Communities In Granite City

Town and Country Apartments ( Ihda )

2562 Parkview Dr
Granite City, Illinois
Call For Rent
1-3 BR
Subsidized

Parkside Apartments

2520 Parkview Dr
Granite City, Illinois
Subsidized

Vintage Gardens Apartments

24th and Adams
Granite City, Illinois

Kirkpatrick Homes

501 Kirkpatrick Homes
Granite City, Illinois

Anchorage Homes

2901 E 25th St
Granite City, Illinois

Anchorage

2913 E 25th St
Granite City, Illinois

Granite City Commons

2688 David Morgan Dr
Granite City, Illinois

Granite City Green Community

2703 E 25th St
Granite City, Illinois

Mainstay Center

1218 19th St
Granite City, Illinois

Vintage Garden Apartments

2231 Adams St
Granite City, Illinois
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Section 8 Vouchers, Apartments, and Waiting Lists in Granite City, 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 Granite City, Illinois

Housing Authority Programs
Madison County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency

Guide To Affordable Housing in Granite City, Illinois

There are 10 low income housing apartment communities offering 632 affordable apartments for rent in Granite City, Illinois.

Income Based Apartments in Granite City, Illinois

Granite City features 568 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 Granite City, Illinois

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Granite City.

Housing Choice Vouchers in Granite City, Illinois

On average, Section 8 Housing Choice vouchers pay Granite City landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Granite City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Granite City, Illinois for a two-bedroom apartment is between $852 and $1,042.

2022 Granite City, 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
Granite City, Illinois Fair Market Rent $689 $745 $947 $1,230 $1,449
Granite City, Illinois Payment Standard Range $620 to $758 $671 to $820 $852 to $1,042 $1,107 to $1,353 $1,304 to $1,594

Sourced from federal housing data and AffordableHousingOnline.com research.

Granite City, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 632
Total Housing Units with Rental Assistance 568
Percentage of Housing Units Occupied By Renters 33.04%
Average Renter Household Size 2.24
Average Household Size 2.37
Median Household Income $45,357 ±$3,081
Median Rent $637 ±$39
Percentage Of Renters Overburdened 46.66% ± 6.37pp
Total Population 29,421

Population and Household Demographics

Granite City is a city in Madison County, Illinois with a population of 29,421. There are 12,308 households in the city with an average household size of 2.37 persons. 33.04% of households in Granite City are renters.

Income and Rent Overburden in Granite City

The median gross income for households in Granite City is $45,357 a year, or $3,780 a month. The median rent for the city is $637 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Granite City, a household making less than $2,123 a month would be considered overburdened when renting an apartment at or above the median rent. 46.66% of households who rent are overburdened in Granite City.

Area Median Income In Granite City

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 Granite City, the AMI is calculated from all households within Madison County.

In Granite City, HUD calculates the Area Median Income for a family of four as $97,200

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 Granite City

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 Granite City

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 Granite City AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,950 $22,800 $25,650 $28,450 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Granite City AMI may qualify for rental assistance programs that target Very Low Income households.
$33,250 $38,000 $42,750 $47,450 $51,250 $55,050 $58,850 $62,650
80% AMI Income Limits
Renters earning up to 80% of the Granite City AMI may qualify for rental assistance programs that target Low Income households.
$53,150 $60,750 $68,350 $75,900 $82,000 $88,050 $94,150 $100,200