Affordable Housing In Marion
Williamson County, Illinois

10 Low Income Apartment Communities In Marion

Lincoln Village Apartments

4424 Meadowland Parkway
Marion, IL
1 BR
HCV Welcome

Shawnee Village

1304 W Boulevard St
Marion, IL

Chesapeake Apartments

202 Chesapeake Dr
Marion, IL
HCV Welcome

Shawnee Estates

Morgan & Bentley St
Marion, IL

Butler High-Rise

501 N Market St
Marion, IL

The Manor at Salem Woods

300 Hotze Rd
Marion, IL
HCV Welcome

River to River Community of Marion

1515 E Deyoung St
Marion, IL
HCV Welcome

Marion Park

1405 Shawnee Dr
Marion, IL

Little Egypt Estates Mhr - 2046 1600 Block

1600 Morgan Ave
Marion, IL
HCV Welcome

Sherman Drive Apartments

604 N Garfield St
Marion, IL
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Housing Authorities that serve Marion

Housing Authority Programs
Housing Authority of the City of Marion Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Marion

Housing Authority Programs
Illinois Dept. of Commerce and Economic Opport. Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Marion, Illinois

There are 10 low income housing apartment communities offering 660 affordable apartments for rent in Marion, Illinois. Marion features 448 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 212 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Marion.

Sourced from federal housing data and research.

Marion, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 660
Total Housing Units with Rental Assistance 448
Percentage of Housing Units Occupied By Renters 37.95%
Average Renter Household Size 2.17
Average Household Size 2.27
Median Household Income $42,839 ±$2,472
Median Rent $654 ±$30
Percentage Of Renters Overburdened 47.72% ± 8.04pp
Total Population 17,588

Population and Household Demographics

Marion is a City in Williamson County, Illinois with a population of 17,588. There are 7,526 households in the city with an average household size of 2.27 persons. 37.95% of households in Marion are renters.

Income and Rent Overburden in Marion

The median gross income for households in Marion is $42,839 a year, or $3,570 a month. The median rent for the city is $654 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marion, a household making less than $2,180 a month would be considered overburdened when renting an apartment at or above the median rent. 47.72% of households who rent are overburdened in Marion.1

Area Median Income In Marion

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 Marion, the AMI is calculated from all households within Williamson County.

In Marion, HUD calculates the Area Median Income for a family of four as $69,500

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 Marion

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 Marion HUD Rental Assistance in Marion

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
80% of Median $38,950 $44,500 $50,050 $55,600 $60,050 $64,500 $68,950 $73,400
Low Income Housing Tax Credits in Marion

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

From 1995 to 2008, 3 low income apartment communities containing 139 rental apartments have been constructed and made affordable to low income persons in Marion 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 Marion

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
60% of Median $29,220 $33,360 $37,560 $41,700 $45,060 $48,420 $51,720 $55,080

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 Marion is $37,560 a year, or $3,130 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,130 by 30% to get a maximum rent of $939 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% $609 $652 $783 $904 $1,009 $1,113
60% $731 $782 $939 $1,085 $1,211 $1,335
Fair Market Rents in Marion

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
$560 $563 $742 $1,003 $1,165