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Affordable Housing In Menard County
Illinois

10 Low Income Apartment Communities In Menard County

St. James Place

101 West Sheridan Road
Petersburg, Illinois
Call For Rent
2-3 BR

Petersburg

209 E Sheridan Rd
Petersburg, Illinois

County Estates

101 W Sheridan Rd
Petersburg, Illinois

Schland III

Lincolnwood Estates
Petersburg, Illinois

Athens Apartments

600 N Mayflower Ct
Athens, Illinois
Subsidized

Single - Family Home 614 N 7th St

614 N 7th St
Petersburg, Illinois

Schland I

113 W Jackson St
Petersburg, Illinois

Schland II

611 N 6th St
Petersburg, Illinois

Prairie Place

802 N Bunchberry Ct
Athens, Illinois

Lincolnwest Apts

201 West Lincoln St.
Petersburg, Illinois
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Housing Authorities that serve Menard County

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

Guide To Affordable Housing in Menard County, Illinois

There are 10 low income housing apartment communities offering 292 affordable apartments for rent in Menard County, Illinois.

Income Based Apartments in Menard County, Illinois

Menard County features 177 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 Menard County, Illinois

There are 115 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Menard County.

Housing Choice Vouchers in Menard County, Illinois

On average, Section 8 Housing Choice vouchers pay Menard County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Menard County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Menard County, Illinois for a two-bedroom apartment is between $722 and $882.

2020 Menard County, Illinois Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $542 $627 $802 $1,001 $1,086
Payment Standard Range $488 to $596 $564 to $690 $722 to $882 $901 to $1,101 $977 to $1,195

Sourced from federal housing data and AffordableHousingOnline.com research.

Menard County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 292
Total Housing Units with Rental Assistance 177
Percentage of Housing Units Occupied By Renters 22.26%
Average Renter Household Size 2.37
Average Household Size 2.42
Median Household Income $60,486 ±$2,754
Median Rent $647 ±$56
Percentage Of Renters Overburdened 31.62% ± 6.84pp
Total Population 12,611

Population and Household Demographics

Menard County is a county in Illinois with a population of 12,611. There are 5,144 households in the county with an average household size of 2.42 persons. 22.26% of households in Menard County are renters.

Income and Rent Overburden in Menard County

The median gross income for households in Menard County is $60,486 a year, or $5,041 a month. The median rent for the county is $647 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Menard County, a household making less than $2,157 a month would be considered overburdened when renting an apartment at or above the median rent. 31.62% of households who rent are overburdened in Menard County.

Area Median Income In Menard 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 Menard County, HUD calculates the Area Median Income for a family of four as $85,200

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 Menard 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 HUD Rental Assistance in Menard County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,300 $19,800 $22,250 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $28,850 $33,000 $37,100 $41,200 $44,500 $47,800 $51,100 $54,400
80% of Median $46,150 $52,750 $59,350 $65,900 $71,200 $76,450 $81,750 $87,000

Cities In Menard County

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

City Served By
Athens The HUD funded Public Housing Agency that serves Athens is the Menard County Housing Authority.
Greenview The HUD funded Public Housing Agency that serves Greenview is the Menard County Housing Authority.
Lake Petersburg The HUD funded Public Housing Agency that serves Lake Petersburg is the Menard County Housing Authority.
Oakford The HUD funded Public Housing Agency that serves Oakford is the Menard County Housing Authority.
Petersburg The HUD funded Public Housing Agency that serves Petersburg is the Menard County Housing Authority.
Tallula The HUD funded Public Housing Agency that serves Tallula is the Menard County Housing Authority.