Affordable Housing In McHenry County
Illinois

17 Low Income Apartment Communities In McHenry County

Harvard Ranch Apartments for Seniors

820 W Metzen St
Harvard, IL
HCV Welcome

Harvard Supportive Housing

600 S Howard St
Harvard, IL
Accessible
Disabled Supportive Housing
Subsidized

Fox Hill Senior Housing, Inc

302 Front ST
Mchenry, IL
62+
Accessible
Elderly Supportive Housing
Subsidized

Living Springs of Mchenry Slf

4609 W Crystal Lake Rd
Mchenry, IL
HCV Welcome

Sunset Senior Apartments

710 W Metzen St
Harvard, IL
Subsidized

Draper Home Project

1315 N Draper Rd
Mchenry, IL
HCV Welcome

Mchenry Scattered Site

507 N Hart St
Harvard, IL

There are 17 low income housing apartment complexes which contain 1,121 affordable apartments for rent in McHenry County. Many of these rental apartments are income based housing with 694 apartments that set rent based on your income. In McHenry County, HUD housing programs support 596 rental assistance apartments through programs like Project-based Section 8. There are 427 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve McHenry County

Housing Authority Programs
McHenry County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in McHenry County, Illinois

McHenry County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 1,121
Total Rent Assisted Apartments 694
Percentage of Housing Units Occupied By Renters 19.39%
Average Renter Household Size 2.64
Total Population 307,357
Housing Units 109,491
Average Household Size 2.79
Median Household Income $77,222 ±$1,689
Median Rent $1,074 ±$24
Percentage Of Renters Overburdened 46.19% ± 2.64pp

Population and Household Demographics

McHenry County is a County in Illinois with a population of 307,357. There are 109,491 households in the county with an average household size of 2.79 persons. 19.39% of households in McHenry County are renters.

Income and Rent Overburden in McHenry County

The median gross income for households in McHenry County is $77,222 a year, or $6,435 a month. The median rent for the county is $1,074 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McHenry County, a household making less than $3,580 a month would be considered overburdened when renting an apartment at or above the median rent. 46.19% of households who rent are overburdened in McHenry County.1

Area Median Income In McHenry 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 McHenry County, HUD calculates the Area Median Income for a family of four as $89,100

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 McHenry 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 McHenry County HUD Rental Assistance in McHenry County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,750 $21,400 $24,100 $26,750 $30,170 $34,590 $39,010 $43,430
50% of Median $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
80% of Median $49,950 $57,050 $64,200 $71,300 $77,050 $82,750 $88,450 $94,150
Low Income Housing Tax Credits in McHenry County

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

From 1996 to 2008, 4 low income apartment communities containing 292 rental apartments have been constructed and made affordable to low income persons in McHenry County 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 McHenry County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
60% of Median $37,440 $42,780 $48,120 $53,460 $57,780 $62,040 $66,300 $70,620

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 McHenry County is $48,120 a year, or $4,010 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,010 by 30% to get a maximum rent of $1,203 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% $780 $836 $1,003 $1,159 $1,293 $1,426
60% $936 $1,003 $1,203 $1,391 $1,551 $1,712
Fair Market Rents in McHenry 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
$915 $1,044 $1,212 $1,542 $1,844

Cities In McHenry County

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

City Listings Served By
Woodstock 4 The HUD funded Public Housing Agency that serves Woodstock is the McHenry County Housing Authority.
Harvard 4 The HUD funded Public Housing Agency that serves Harvard is the McHenry County Housing Authority.
Crystal Lake 2 The HUD funded Public Housing Agency that serves Crystal Lake is the McHenry County Housing Authority.
Richmond 1 The HUD funded Public Housing Agency that serves Richmond is the McHenry County Housing Authority.
Hebron 0 The HUD funded Public Housing Agency that serves Hebron is the McHenry County Housing Authority.
Mchenry 4 The HUD funded Public Housing Agency that serves Mchenry is the McHenry County Housing Authority.
Marengo 1 The HUD funded Public Housing Agency that serves Marengo is the McHenry County Housing Authority.
Bull Valley 0 The HUD funded Public Housing Agency that serves Bull Valley is the McHenry County Housing Authority.
Cary 1 The HUD funded Public Housing Agency that serves Cary is the McHenry County Housing Authority.
Chemung 0 The HUD funded Public Housing Agency that serves Chemung is the McHenry County Housing Authority.
Greenwood 0 The HUD funded Public Housing Agency that serves Greenwood is the McHenry County Housing Authority.
Holiday Hills 0 The HUD funded Public Housing Agency that serves Holiday Hills is the McHenry County Housing Authority.
Johnsburg 0 The HUD funded Public Housing Agency that serves Johnsburg is the McHenry County Housing Authority.
Lake in the Hills 0 The HUD funded Public Housing Agency that serves Lake in the Hills is the McHenry County Housing Authority.
Lakewood 0 The HUD funded Public Housing Agency that serves Lakewood is the McHenry County Housing Authority.
McCullom Lake 0 The HUD funded Public Housing Agency that serves McCullom Lake is the McHenry County Housing Authority.
Oakwood Hills 0 The HUD funded Public Housing Agency that serves Oakwood Hills is the McHenry County Housing Authority.
Pistakee Highlands 0 The HUD funded Public Housing Agency that serves Pistakee Highlands is the McHenry County Housing Authority.
Prairie Grove 0 The HUD funded Public Housing Agency that serves Prairie Grove is the McHenry County Housing Authority.
Ringwood 0 The HUD funded Public Housing Agency that serves Ringwood is the McHenry County Housing Authority.
Spring Grove 0 The HUD funded Public Housing Agency that serves Spring Grove is the McHenry County Housing Authority.
Union 0 The HUD funded Public Housing Agency that serves Union is the McHenry County Housing Authority.
Wonder Lake 0 The HUD funded Public Housing Agency that serves Wonder Lake is the McHenry County Housing Authority.
Trout Valley 0 The HUD funded Public Housing Agency that serves Trout Valley is the McHenry County Housing Authority.