Cheap Apartments In Macon County

Low Income Apartments In Macon County

Willow Heights

1460 E Wellington Way
Decatur, IL
1 BR

Carriage House II Decatur

3757 Portage Place
Decatur, IL
1-3 BR

Carriage House I Decatur

3757 Portage Place
Decatur, IL
1-3 BR

The Woods

3010 E Mound Rd
Decatur, IL

Argenta Country Place Apartments

244 W Prairie St
Argenta, IL
1-2 BR

Maroa Country Place Apartments

202 Maple Street #217
Maroa, IL
1-2 BR

Heritage Grove

360 East Grand
Decatur, IL
Disabled Supportive Housing

Heritage Fields Project

Heritage Behavioral Health Center
Decatur, IL
HCV Welcome

Southern Hills

3077 Southern Hills Drive
Decatur, IL

Heritage Grove Project

Heritage Grove
Decatur, IL
HCV Welcome

There are 40 low income housing apartment complexes which contain 3,094 affordable apartments for rent in Macon County, Illinois. Many of these rental apartments are income based housing with about 1,994 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 726 Project-Based Section 8 subsidized apartments in Macon County. There are 1,592 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Understanding Affordable Housing in Macon County, Illinois

Macon County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 40
Total Low Income Apartments 3,094
Total Rent Assisted Apartments 1,994
Percentage of Housing Units Occupied By Renters 30.99%
Average Renter Household Size 2.18
Total Population 109,193
Housing Units 44,915
Average Household Size 2.35
Median Household Income $47,176 ±$1,177
Median Rent $656 ±$16
Percentage Of Renters Overburdened 43.3% ± 2.83pp

Population and Household Demographics

Macon County is a County in Illinois with a population of 109,193. There are 44,915 households in the county with an average household size of 2.35 persons. 30.99% of households in Macon County are renters.

Income and Rent Overburden in Macon County

The median gross income for households in Macon County is $47,176 a year, or $3,931 a month. The median rent for the county is $656 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Macon County, a household making less than $2,187 a month would be considered overburdened when renting an apartment at or above the median rent. 43.3% of households who rent are overburdened in Macon County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 2.83 percentage points.

Area Median Income In Macon 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 Macon County, HUD calculates the Area Median Income for a family of four as $66,700

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 Macon 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 Macon County HUD Rental Assistance in Macon County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,000 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $23,350 $26,700 $30,050 $33,350 $36,050 $38,700 $41,400 $44,050
80% of Median $37,350 $42,700 $48,050 $53,350 $57,650 $61,900 $66,200 $70,450

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Macon County

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

From 1993 to 2010, 15 low income apartment communities containing 1,416 rental apartments have been constructed and made affordable to low income persons in Macon County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Macon County by looking for the tag in the apartment list above. View Apartments.

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 Macon County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,350 $26,700 $30,050 $33,350 $36,050 $38,700 $41,400 $44,050
HERA 50% $23,450 $26,800 $30,150 $33,500 $36,200 $38,900 $41,550 $44,250
60% of Median $28,020 $32,040 $36,060 $40,020 $43,260 $46,440 $49,680 $52,860
HERA 60% $28,140 $32,160 $36,180 $40,200 $43,440 $46,680 $49,860 $53,100

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 Macon County is $36,060 a year, or $3,005 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,005 by 30% to get a maximum rent of $902 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% $584 $626 $751 $868 $968 $1,068
60% $701 $751 $902 $1,041 $1,161 $1,282
Fair Market Rents in Macon 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.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$475 $571 $739 $1,013 $1,052

Cities In Macon County

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

City Listings Served By
Decatur 34 The HUD funded Public Housing Agency that serves Decatur is the Decatur Housing Authority.
Maroa 2
Blue Mound 1
Argenta 1
Macon 0
Boody 0
Forsyth 0
Harristown 0
Long Creek 0
Mount Zion 2
Niantic 0
Oreana 0
Warrensburg 0