Affordable Housing In Hoffman Estates
Cook County, Illinois

1 Low Income Apartment Communities In Hoffman Estates

Poplar Creek Village

2250 W Golf Rd
Hoffman Estates, Illinois
  • «
  • 1
  • »

Section 8 Vouchers, Apartments, and Waiting Lists in Hoffman Estates, 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 Hoffman Estates, Illinois

Housing Authority Programs
Housing Authority of Cook County Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Hoffman Estates, Illinois

There are 1 low income housing apartment communities offering 140 affordable apartments for rent in Hoffman Estates, Illinois.

Income Based Apartments in Hoffman Estates, Illinois

Hoffman Estates features 0 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 Hoffman Estates, Illinois

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hoffman Estates.

Housing Choice Vouchers in Hoffman Estates, Illinois

On average, Section 8 Housing Choice vouchers pay Hoffman Estates landlords $1,000 per month towards rent. The average voucher holder contributes $500 towards rent in Hoffman Estates.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hoffman Estates, Illinois for a two-bedroom apartment is between $1,206 and $1,474.

2022 Hoffman Estates, 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
Hoffman Estates, Illinois Fair Market Rent $1,059 $1,161 $1,340 $1,697 $2,018
Hoffman Estates, Illinois Payment Standard Range $953 to $1,165 $1,045 to $1,277 $1,206 to $1,474 $1,527 to $1,867 $1,816 to $2,220

Sourced from federal housing data and AffordableHousingOnline.com research.

Hoffman Estates, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 140
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 25.43%
Average Renter Household Size 2.64
Average Household Size 2.87
Median Household Income $84,583 ±$3,392
Median Rent $1,123 ±$47
Percentage Of Renters Overburdened 40.83% ± 6.94pp
Total Population 52,271

Population and Household Demographics

Hoffman Estates is a city in Cook County, Illinois with a population of 52,271. There are 18,154 households in the city with an average household size of 2.87 persons. 25.43% of households in Hoffman Estates are renters.

Income and Rent Overburden in Hoffman Estates

The median gross income for households in Hoffman Estates is $84,583 a year, or $7,049 a month. The median rent for the city is $1,123 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hoffman Estates, a household making less than $3,743 a month would be considered overburdened when renting an apartment at or above the median rent. 40.83% of households who rent are overburdened in Hoffman Estates.

Area Median Income In Hoffman Estates

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 Hoffman Estates, the AMI is calculated from all households within Cook County.

In Hoffman Estates, HUD calculates the Area Median Income for a family of four as $107,800

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 Hoffman Estates

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 Hoffman Estates

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 Hoffman Estates AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,900 $25,000 $28,150 $31,250 $33,750 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Hoffman Estates AMI may qualify for rental assistance programs that target Very Low Income households.
$36,500 $41,700 $46,900 $52,100 $56,300 $60,450 $64,650 $68,800
80% AMI Income Limits
Renters earning up to 80% of the Hoffman Estates AMI may qualify for rental assistance programs that target Low Income households.
$58,350 $66,700 $75,050 $83,350 $90,050 $96,700 $103,400 $110,050