Low Income Apartments and Affordable Housing For Rent in Macon, IL

Discover affordable housing in Macon where there are 1+ 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.

Macon Apartments

320 W Dunn Street, Macon, Illinois 62544

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Macon, Illinois
$17.86/hour
$3.86 (+28%) more than Illinois minimum wage and $10.61 (+146%) more than the Federal minimum wage.
Learn More About Macon, Illinois Affordable Housing ↓

What HUD offices serve Macon, 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) programs for Macon, Illinois.

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

How many renters live in Macon, Illinois?

The City of Macon has 1,080 people living in 482 households.

There are 169 renters living in 101 renter households in this City. Renters make up 15.65 percent of the population living in Macon.

What is the rental market like in Macon, Illinois?

There are an estimated 547 housing units in the Macon area. Of these, 125 units are rental homes, making up 23 percent of the housing market. For every renter household in Macon, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Macon?

The rental vacancy rate in Macon is 19 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 Macon for each bedroom size?

Occupied Rental Units by Size in Macon
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 17 51 29 0
Occupied Rental Units by Size in Macon

A large number of apartments in Macon have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Macon are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 21 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Macon

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $686 to $1,395. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $686
One BR $770
Two BR $943
Three BR $1,287
Four BR $1,395
2024 Fair Market Rents in Macon, Illinois

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

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 4 100 percent
One BR 17 100 percent
Two BR 30 59 percent
Rental Units Below FMR in Macon, Illinois

How many affordable rental units are in Macon?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 4
Tracked Units by Federal Program in Macon, Illinois

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

Income Based Apartments in Macon, Illinois

Macon features 4 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 Macon, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macon.

Housing Choice Vouchers in Macon, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Macon, Illinois for a two-bedroom apartment is between $849 and $1,037.

Sourced from federal housing data and AffordableHousingOnline.com research.