Low Income Apartments and Affordable Housing For Rent in Le Roy, IL

Discover affordable housing in Le Roy where there are 2+ 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.

Bradlee Park Apartments

404 E Maple St, Le Roy, Illinois 61752

switch_access_shortcut Short Wait
accessibility Accessible

Leroy Apartments

105 W Wayne St, Le Roy, Illinois

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Le Roy, 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 Le Roy, Illinois
$20.89/hour
$6.89 (+49%) more than Illinois minimum wage and $13.64 (+188%) more than the Federal minimum wage.
Learn More About Le Roy, Illinois Affordable Housing ↓

What HUD offices serve Le Roy, 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, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Le Roy, Illinois.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Le Roy, Illinois.

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

How many renters live in Le Roy, Illinois?

The City of Le Roy has people living in households.

There are renters living in renter households in this City. Renters make up 9.65 percent of the population living in Le Roy.

What is the rental market like in Le Roy, Illinois?

There are an estimated housing units in the Le Roy area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Le Roy, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Le Roy?

The rental vacancy rate in Le Roy is 0 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 Le Roy for each bedroom size?

Occupied Rental Units by Size in Le Roy
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 61 84 19 9
Occupied Rental Units by Size in Le Roy

A large number of apartments in Le Roy 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 Le Roy

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $782 to $1,541. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $782
One BR $869
Two BR $1,103
Three BR $1,536
Four BR $1,541
2024 Fair Market Rents in Le Roy, Illinois

How many units are rented at Fair Market Rent (FMR) in Le Roy?

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
One BR 54 89 percent
Two BR 77 92 percent
Rental Units Below FMR in Le Roy, Illinois

How many affordable rental units are in Le Roy?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Le Roy, Illinois

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

Income Based Apartments in Le Roy, Illinois

Le Roy features 20 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 Le Roy, Illinois

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Le Roy.

Housing Choice Vouchers in Le Roy, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Le Roy, Illinois for a two-bedroom apartment is between $993 and $1,213.

Sourced from federal housing data and AffordableHousingOnline.com research.

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