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

Discover affordable housing in Hopkins Park where there are 3+ 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.

Sandstone Hills

12774 E Sneed Ct, Hopkins Park, Illinois 60954

bed 3
switch_access_shortcut Short Wait
accessibility Accessible

Hickory Hills Senior Housing

4067 S Wheeler Rd, Hopkins Park, Illinois 0

switch_access_shortcut Short Wait
accessibility Accessible

Wildwind Senior Apartments

14100 E Central, Hopkins Park, Illinois 60944

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Hopkins 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 Hopkins Park, Illinois
$22.05/hour
$8.05 (+57%) more than Illinois minimum wage and $14.80 (+204%) more than the Federal minimum wage.
Learn More About Hopkins Park, Illinois Affordable Housing ↓

What HUD offices serve Hopkins 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 programs for Hopkins Park, Illinois.

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

How many renters live in Hopkins Park, Illinois?

The City of Hopkins Park has people living in households.

There are renters living in renter households in this City. Renters make up 34.98 percent of the population living in Hopkins Park.

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

There are an estimated housing units in the Hopkins Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hopkins Park, Illinois, there are 1.11 rental units.

What is the vacancy rate for rentals in Hopkins Park?

The rental vacancy rate in Hopkins Park is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Hopkins Park for each bedroom size?

Occupied Rental Units by Size in Hopkins Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 26 16 41 0
Occupied Rental Units by Size in Hopkins Park

A large number of apartments in Hopkins 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 Hopkins Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $789 to $1,619. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $789
One BR $886
Two BR $1,164
Three BR $1,569
Four BR $1,619
2024 Fair Market Rents in Hopkins Park, Illinois

How many units are rented at Fair Market Rent (FMR) in Hopkins 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 14 100 percent
One BR 20 77 percent
Two BR 14 88 percent
Rental Units Below FMR in Hopkins Park, Illinois

How many affordable rental units are in Hopkins Park?

Income Based Apartments in Hopkins Park, Illinois

Hopkins Park features 24 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 Hopkins Park, Illinois

There are 69 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hopkins Park.

Housing Choice Vouchers in Hopkins Park, Illinois

On average, Section 8 Housing Choice vouchers pay Hopkins Park landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hopkins Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hopkins Park, Illinois for a two-bedroom apartment is between $1,048 and $1,280.

Sourced from federal housing data and AffordableHousingOnline.com research.

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