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

Discover affordable housing in Maroa 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.

Country Place Apartments Maroa

202 S Maple St, Maroa, Illinois 61756

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

What HUD offices serve Maroa, 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 Maroa, Illinois.

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

How many renters live in Maroa, Illinois?

The City of Maroa has 1,781 people living in 656 households.

There are 602 renters living in 194 renter households in this City. Renters make up 33.8 percent of the population living in Maroa.

What is the rental market like in Maroa, Illinois?

There are an estimated 766 housing units in the Maroa area. Of these, 239 units are rental homes, making up 31 percent of the housing market. For every renter household in Maroa, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Maroa?

The rental vacancy rate in Maroa 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 Maroa for each bedroom size?

Occupied Rental Units by Size in Maroa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 35 121 31 7
Occupied Rental Units by Size in Maroa

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

Among renter households in this market, 41 percent have housing cost burden. Further, 16 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 Maroa

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 Maroa, Illinois

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

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
One BR 24 69 percent
Two BR 84 69 percent
Rental Units Below FMR in Maroa, Illinois

How many affordable rental units are in Maroa?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Maroa, Illinois

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

Income Based Apartments in Maroa, Illinois

Maroa features 20 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 Maroa, Illinois

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

Housing Choice Vouchers in Maroa, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.