What HUD offices serve Gurnee, 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Gurnee.
How many renters live in Gurnee, Illinois?
The City of Gurnee has people living in households.
There are renters living in renter households in this City. Renters make up 21.03 percent of the population living in Gurnee.
What is the rental market like in Gurnee, Illinois?
There are an estimated housing units in the Gurnee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Gurnee, Illinois, there are 1.07 rental units.
What is the vacancy rate for rentals in Gurnee?
The rental vacancy rate in Gurnee is 4 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 Gurnee for each bedroom size?
Occupied Rental Units by Size in Gurnee
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 148 | 1,202 | 1,355 | 311 | 174 |
Occupied Rental Units by Size in Gurnee
A large number of apartments in Gurnee 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 Gurnee
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,399 |
| One BR | $1,507 |
| Two BR | $1,714 |
| Three BR | $2,182 |
| Four BR | $2,583 |
2024 Fair Market Rents in Gurnee, Illinois
How many units are rented at Fair Market Rent (FMR) in Gurnee?
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 | 113 | 76 percent |
| One BR | 793 | 66 percent |
| Two BR | 416 | 31 percent |
Rental Units Below FMR in Gurnee, Illinois
How many affordable rental units are in Gurnee?
There are a variety of federal affordable housing programs serving households in Gurnee, Illinois including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Gurnee, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Gurnee, Illinois
Gurnee features 485 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 Gurnee, Illinois
There are 378 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gurnee.
Housing Choice Vouchers in Gurnee, Illinois
On average, Section 8 Housing Choice vouchers pay Gurnee landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Gurnee.
The maximum amount a voucher would pay on behalf of a low-income tenant in Gurnee, Illinois for a two-bedroom apartment is between $1,543 and $1,885.
Sourced from federal housing data and AffordableHousingOnline.com research.
