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

Discover affordable housing in Macon County where there are 34+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Macon County, 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 County, Illinois Affordable Housing ↓

What HUD offices serve Macon County, 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 County, Illinois.

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

How many renters live in Macon County, Illinois?

The County of Macon County has 101,483 people living in 43,718 households.

There are 21,995 renters living in 11,816 renter households in this County. Renters make up 21.67 percent of the population living in Macon County.

What is the rental market like in Macon County, Illinois?

There are an estimated 49,757 housing units in the Macon County area. Of these, 15,357 units are rental homes, making up 31 percent of the housing market. For every renter household in Macon County, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Macon County?

The rental vacancy rate in Macon County is 11 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 County for each bedroom size?

Occupied Rental Units by Size in Macon County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
450 4,115 5,305 3,021 517
Occupied Rental Units by Size in Macon County

A large number of apartments in Macon County 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 County are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 14 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 County

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 County, Illinois

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

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 177 39 percent
One BR 3,156 77 percent
Two BR 3,572 67 percent
Rental Units Below FMR in Macon County, Illinois

How many affordable rental units are in Macon County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,311
Public Housing 681
Section 8 Project-Based Rental Assistance 980
Section 202 Supportive Housing for the Elderly 59
Section 811 Supportive Housing for Persons with Disabilities 49
USDA Section 515 Rural Rental Housing 116
Tracked Units by Federal Program in Macon County, Illinois

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

Income Based Apartments in Macon County, Illinois

Macon County features 1,603 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 County, Illinois

There are 725 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macon County.

Housing Choice Vouchers in Macon County, Illinois

On average, Section 8 Housing Choice vouchers pay Macon County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Macon County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.