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

Discover affordable housing in Macoupin County where there are 25+ 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 Macoupin County, Illinois
$17.84/hour
$3.84 (+27%) more than Illinois minimum wage and $10.59 (+146%) more than the Federal minimum wage.
Learn More About Macoupin County, Illinois Affordable Housing ↓

What HUD offices serve Macoupin 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), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Macoupin County, Illinois.
Operates the Public Housing programs for Macoupin County, Illinois.

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

How many renters live in Macoupin County, Illinois?

The County of Macoupin County has 44,907 people living in 17,567 households.

There are 9,416 renters living in 3,907 renter households in this County. Renters make up 20.97 percent of the population living in Macoupin County.

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

There are an estimated 21,091 housing units in the Macoupin County area. Of these, 4,530 units are rental homes, making up 21 percent of the housing market. For every renter household in Macoupin County, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Macoupin County?

The rental vacancy rate in Macoupin County is 13 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 Macoupin County for each bedroom size?

Occupied Rental Units by Size in Macoupin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 660 1,887 1,094 204
Occupied Rental Units by Size in Macoupin County

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

Among renter households in this market, 34 percent have housing cost burden. Further, 19 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 Macoupin County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $712 to $1,428. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $712
One BR $717
Two BR $942
Three BR $1,235
Four BR $1,428
2024 Fair Market Rents in Macoupin County, Illinois

How many units are rented at Fair Market Rent (FMR) in Macoupin 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 0 100 percent
One BR 402 61 percent
Two BR 1,224 65 percent
Rental Units Below FMR in Macoupin County, Illinois

How many affordable rental units are in Macoupin County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 105
Public Housing 280
Section 8 Project-Based Rental Assistance 20
USDA Section 515 Rural Rental Housing 246
Tracked Units by Federal Program in Macoupin County, Illinois

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

Income Based Apartments in Macoupin County, Illinois

Macoupin County features 471 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 Macoupin County, Illinois

There are 147 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macoupin County.

Housing Choice Vouchers in Macoupin County, Illinois

On average, Section 8 Housing Choice vouchers pay Macoupin County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Macoupin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Macoupin County, Illinois for a two-bedroom apartment is between $848 and $1,036.

Sourced from federal housing data and AffordableHousingOnline.com research.