Low Income Apartments and Affordable Housing For Rent in Granite City, IL

Discover affordable housing in Granite City where there are 26+ 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.

Town and Country Apartments

2562 Parkview Dr, Granite City, Illinois 62040

bed 1-3

Edison Avenue Art Lofts

2001 Edison Avenue, Granite City, Illinois 62040

bed 1-2
payment $525-750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Parkside Apartments

2520 Parkview Dr, Granite City, Illinois 62040

payment Subsidized

Rivers Edge Apartments

1635 W 1st St, Granite City, Illinois 62040

bed Studio
payment $595/mo.

2058 Cleveland Blvd Unit 1

2058 Cleveland Blvd Unit 1, Granite City, Illinois 62040

bed 2
payment $995/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2120 Lee Ave

2120 Lee Ave, Granite City, Illinois 62040

bed 1
payment $750/mo.

1343 Rhodes St

1343 Rhodes St, Granite City, Illinois 62040

bed 1
payment $850/mo.

2236 Lee Ave

2236 Lee Ave, Granite City, Illinois 62040

bed 3
payment $1400/mo.

2109 Elm Ave

2109 Elm Ave, Granite City, Illinois 62040

bed 2
payment $1050/mo.

2446 State St Unit A

2446 State St Unit A, Granite City, Illinois 62040

bed 3
payment $1195/mo.

2056 Cleveland Blvd Unit 1

2056 Cleveland Blvd Unit 1, Granite City, Illinois 62040

bed 2
payment $995/mo.

2607 Hodges Ave

2607 Hodges Ave, Granite City, Illinois 62040

bed 2
payment $825/mo.

2418 Iowa St

2418 Iowa St, Granite City, Illinois 62040

bed 3
payment $585/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1343 Rhodes St

1343 Rhodes St, Granite City, Illinois 62040

bed 1
payment $850/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2908 Madison Ave Unit 2

2908 Madison Ave Unit 2, Granite City, Illinois 62040

bed 2
payment $1000/mo.

2825 Warren Ave

2825 Warren Ave, Granite City, Illinois 62040

bed 2
payment $900/mo.

2625 Hodges Ave

2625 Hodges Ave, Granite City, Illinois 62040

bed 1
payment $850/mo.

2122 Lee Ave Unit B

2122 Lee Ave Unit B, Granite City, Illinois 62040

bed 1
payment $750/mo.

Kirkpatrick Homes

501 Kirkpatrick Homes, Granite City, Illinois 62040

Vintage Gardens Apartments

24th and Adams, Granite City, Illinois 62040

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Granite City, 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 Granite City, Illinois
$22.90/hour
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Granite City, Illinois Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency programs for Granite City, Illinois.

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

How many renters live in Granite City, Illinois?

The City of Granite City has people living in households.

There are renters living in renter households in this City. Renters make up 29.56 percent of the population living in Granite City.

What is the rental market like in Granite City, Illinois?

There are an estimated housing units in the Granite City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Granite City, Illinois, there are 1.05 rental units.

What is the vacancy rate for rentals in Granite City?

The rental vacancy rate in Granite City is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Granite City for each bedroom size?

Occupied Rental Units by Size in Granite City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
233 939 1,272 694 265
Occupied Rental Units by Size in Granite City

A large number of apartments in Granite City 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 Granite City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Granite City, Illinois

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

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
Studio 233 100 percent
One BR 862 92 percent
Two BR 1,118 88 percent
Rental Units Below FMR in Granite City, Illinois

How many affordable rental units are in Granite City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Granite City, Illinois

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

Income Based Apartments in Granite City, Illinois

Granite City features 702 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 101 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 $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.

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