Affordable Housing In Macomb
McDonough County, Illinois

10 Low Income Apartment Communities In Macomb

Turnberry Village Apartments III

201 Wigwam Hollow Rd
Macomb, IL
$1,035-1,375
3-4 BR

Jefferson House

900 E Jefferson St
Macomb, IL
Subsidized

Mcrc Rehab Inc

900 S Deer Rd
Macomb, IL
62+
Accessible
Elderly Supportive Housing
Subsidized

Mcrc Housing, Inc

7 Pollock Dr
Macomb, IL
62+
Accessible
Elderly Supportive Housing
Subsidized

River Run Apartments

401 River Run Dr
Macomb, IL
Subsidized

Lafayette Square Apartments

100 W Jefferson St
Macomb, IL
62+
Accessible
Elderly Supportive Housing
Subsidized

Turnberry Village Macomb

101 Wigwam Hollow Cir
Macomb, IL
HCV Welcome

Eisenhower Towers

322 W Piper St
Macomb, IL

The Village at Wheeler

SE Corner of Wheeler And E
Macomb, IL
HCV Welcome

Prairieview

405 N Prairie Ave
Macomb, IL
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Housing Authorities that serve Macomb

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

Guide To Affordable Housing in Macomb, Illinois

There are 10 low income housing apartment communities offering 769 affordable apartments for rent in Macomb, Illinois. Macomb features 565 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 88 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Macomb.

Sourced from federal housing data and AffordableHousingOnline.com research.

Macomb, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 769
Total Housing Units with Rental Assistance 565
Percentage of Housing Units Occupied By Renters 49.87%
Average Renter Household Size 1.96
Average Household Size 2.22
Median Household Income $31,392 ±$3,512
Median Rent $666 ±$33
Percentage Of Renters Overburdened 52.34% ± 6.3pp
Total Population 18,944

Population and Household Demographics

Macomb is a City in McDonough County, Illinois with a population of 18,944. There are 6,677 households in the city with an average household size of 2.22 persons. 49.87% of households in Macomb are renters.

Income and Rent Overburden in Macomb

The median gross income for households in Macomb is $31,392 a year, or $2,616 a month. The median rent for the city is $666 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Macomb, a household making less than $2,220 a month would be considered overburdened when renting an apartment at or above the median rent. 52.34% of households who rent are overburdened in Macomb.1

Area Median Income In Macomb

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 Macomb, the AMI is calculated from all households within McDonough County.

In Macomb, HUD calculates the Area Median Income for a family of four as $69,200

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 Macomb

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 Macomb HUD Rental Assistance in Macomb

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% of Median $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100
Low Income Housing Tax Credits in Macomb

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

From 2001 to 2002, 2 low income apartment communities containing 180 rental apartments have been constructed and made affordable to low income persons in Macomb 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 Macomb

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
60% of Median $29,100 $33,240 $37,380 $41,520 $44,880 $48,180 $51,540 $54,840

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 Macomb is $37,380 a year, or $3,115 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,115 by 30% to get a maximum rent of $935 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% $606 $649 $779 $900 $1,004 $1,108
60% $728 $779 $935 $1,080 $1,205 $1,330
Fair Market Rents in Macomb

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
$474 $567 $698 $885 $1,057