Affordable Housing In Knox County
Illinois

19 Low Income Apartment Communities In Knox County

Whiting Hall Apartments

19 E Tompkins St
Galesburg, IL
Income Based
1-2 BR
Subsidized

Whiting Hall Senior

19 E Tompkins St
Galesburg, IL
$200-984
Studio-2 BR
HCV Welcome

Hollow Tree Apartments

1351 W. Carl Sandburg Drive
Galesburg, IL
Call For Rent
1-3 BR
HCV Welcome

Willowway Apartments

1235 W Carl Sandburg Dr
Galesburg, IL
Accessible
Disabled Supportive Housing
Subsidized

Mary Allen West Towers Apartments

121 W Simmons Street
Galesburg, IL
Subsidized

Sandburg Village Apartments

666 Home Blvd
Galesburg, IL
Subsidized

Galesburg Housing for the Elderly

1384 Henderson St
Galesburg, IL
Subsidized

Prairieland Townhouses

301 Huston St
Galesburg, IL
Subsidized

Riverway Apartments

1974 Windish Dr
Galesburg, IL
Accessible
Disabled Supportive Housing
Subsidized

Maplecrest Apartments

447 E Willard St
Wataga, IL
Subsidized

Housing Authorities that serve Knox County

Housing Authority Programs
Knox County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Knox County, Illinois

According to federal housing data and AffordableHousingOnline.com research, there are 19 low income housing apartment communities offering 1,507 affordable apartments for rent in Knox County, Illinois. Knox County features 1,048 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 459 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Knox County.

Knox County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 19
Total Low Income Apartments 1,507
Total Housing Units with Rental Assistance 1,048
Percentage of Housing Units Occupied By Renters 33.25%
Average Renter Household Size 2.05
Average Household Size 2.25
Median Household Income $39,976 ±$1,529
Median Rent $576 ±$15
Percentage Of Renters Overburdened 42.17% ± 3.89pp
Total Population 52,112

Population and Household Demographics

Knox County is a County in Illinois with a population of 52,112. There are 21,301 households in the county with an average household size of 2.25 persons. 33.25% of households in Knox County are renters.

Income and Rent Overburden in Knox County

The median gross income for households in Knox County is $39,976 a year, or $3,331 a month. The median rent for the county is $576 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Knox County, a household making less than $1,920 a month would be considered overburdened when renting an apartment at or above the median rent. 42.17% of households who rent are overburdened in Knox County.1

Area Median Income In Knox County

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.

In Knox County, HUD calculates the Area Median Income for a family of four as $58,500

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 Knox County

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 Knox County HUD Rental Assistance in Knox County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% of Median $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050
Low Income Housing Tax Credits in Knox County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2012, 9 low income apartment communities containing 613 rental apartments have been constructed and made affordable to low income persons in Knox County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Knox County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
60% of Median $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Knox County is $35,820 a year, or $2,985 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,985 by 30% to get a maximum rent of $896 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $581 $623 $746 $863 $963 $1,062
60% $698 $747 $896 $1,035 $1,155 $1,274
Fair Market Rents in Knox County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$455 $530 $698 $942 $946

Cities In Knox County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Galesburg 16 The HUD funded Public Housing Agency that serves Galesburg is the Knox County Housing Authority.
Wataga 2 The HUD funded Public Housing Agency that serves Wataga is the Knox County Housing Authority.
Knoxville 0 The HUD funded Public Housing Agency that serves Knoxville is the Knox County Housing Authority.
Yates City 0 The HUD funded Public Housing Agency that serves Yates City is the Knox County Housing Authority.
O 0 The HUD funded Public Housing Agency that serves O is the Knox County Housing Authority.
Altona 0 The HUD funded Public Housing Agency that serves Altona is the Knox County Housing Authority.
East Galesburg 0 The HUD funded Public Housing Agency that serves East Galesburg is the Knox County Housing Authority.
Henderson 0 The HUD funded Public Housing Agency that serves Henderson is the Knox County Housing Authority.
Maquon 0 The HUD funded Public Housing Agency that serves Maquon is the Knox County Housing Authority.
Oak Run 0 The HUD funded Public Housing Agency that serves Oak Run is the Knox County Housing Authority.
Oneida 0 The HUD funded Public Housing Agency that serves Oneida is the Knox County Housing Authority.
Rio 0 The HUD funded Public Housing Agency that serves Rio is the Knox County Housing Authority.
St. Augustine 0 The HUD funded Public Housing Agency that serves St. Augustine is the Knox County Housing Authority.
Victoria 0 The HUD funded Public Housing Agency that serves Victoria is the Knox County Housing Authority.
Williamsfield 0 The HUD funded Public Housing Agency that serves Williamsfield is the Knox County Housing Authority.
Abingdon 1 The HUD funded Public Housing Agency that serves Abingdon is the Knox County Housing Authority.
Gilson 0 The HUD funded Public Housing Agency that serves Gilson is the Knox County Housing Authority.