Low Income Apartments and Affordable Housing For Rent in Highland Park, IL

Discover affordable housing in Highland Park where there are 5+ 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.

Highland Park / Ravinia

400 Central Ave, Highland Park, Illinois 60035

bed 2-3

Ravinia Housing

755 Pleasant Ave, Highland Park, Illinois 60035

bed 3
payment Income Based

Walnut Place

654 Walnut St, Highland Park, Illinois 60035

payment Subsidized

Frank B Peers Senior Housing ( Ihda )

402 Central Ave, Highland Park, Illinois 60035

payment Subsidized

Laurel Residences

815 Laurel Avenue, Highland Park, Illinois 60035

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Highland Park, 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 Highland Park, Illinois
$32.46/hour
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Highland Park, Illinois Affordable Housing ↓

What HUD offices serve Highland Park, 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 Highland Park, Illinois.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Highland Park, Illinois.

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

How many renters live in Highland Park, Illinois?

The City of Highland Park has people living in households.

There are renters living in renter households in this City. Renters make up 15.24 percent of the population living in Highland Park.

What is the rental market like in Highland Park, Illinois?

There are an estimated housing units in the Highland Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Highland Park, Illinois, there are 1.03 rental units.

What is the vacancy rate for rentals in Highland Park?

The rental vacancy rate in Highland Park is 3 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 Highland Park for each bedroom size?

Occupied Rental Units by Size in Highland Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
128 297 799 455 205
Occupied Rental Units by Size in Highland Park

A large number of apartments in Highland Park 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 Highland Park

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 Highland Park, Illinois

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

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 40 31 percent
One BR 185 62 percent
Two BR 150 19 percent
Rental Units Below FMR in Highland Park, Illinois

How many affordable rental units are in Highland Park?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Highland Park, Illinois

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

Income Based Apartments in Highland Park, Illinois

Highland Park features 162 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 Highland Park, Illinois

There are 3 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Highland Park.

Housing Choice Vouchers in Highland Park, Illinois

On average, Section 8 Housing Choice vouchers pay Highland Park landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Highland Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Highland Park, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.

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