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Affordable Housing In Mercer County
Illinois

9 Low Income Apartment Communities In Mercer County

Lake Matherville Manor Apartments

400 5th Avenue
Matherville, Illinois
$508-558
1-2 BR
Subsidized

Brookwood Apartments

10-20 Harris
Matherville, Illinois
Call For Rent
1-2 BR
Subsidized

New Boston Family Apartments

618 Walnut St
New Boston, Illinois

Viola Apartments Hr - 174

16 Rt 17 $ 16th Ave
Viola, Illinois

Village Green Keithsburg

304 S 14th St
Keithsburg, Illinois

Vashti Village

609 NW 4th Ave
Aledo, Illinois

Viola Senior Apartments

1005 16th Ave
Viola, Illinois

Cardinal Comm Manor

100 Sims St
Alexis, Illinois
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Housing Authorities that serve Mercer County

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

Guide To Affordable Housing in Mercer County, Illinois

There are 9 low income housing apartment communities offering 206 affordable apartments for rent in Mercer County, Illinois.

Income Based Apartments in Mercer County, Illinois

Mercer County features 144 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 Mercer County, Illinois

There are 62 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercer County.

Housing Choice Vouchers in Mercer County, Illinois

On average, Section 8 Housing Choice vouchers pay Mercer County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Mercer County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mercer County, Illinois for a two-bedroom apartment is between $706 and $862.

2021 Mercer 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
Mercer County, Illinois Fair Market Rent $517 $626 $784 $1,047 $1,183
Mercer County, Illinois Payment Standard Range $465 to $569 $563 to $689 $706 to $862 $942 to $1,152 $1,065 to $1,301

Sourced from federal housing data and AffordableHousingOnline.com research.

Mercer County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 206
Total Housing Units with Rental Assistance 144
Percentage of Housing Units Occupied By Renters 21.92%
Average Renter Household Size 2.20
Average Household Size 2.40
Median Household Income $54,757 ±$3,176
Median Rent $566 ±$61
Percentage Of Renters Overburdened 29.97% ± 6.61pp
Total Population 16,107

Population and Household Demographics

Mercer County is a county in Illinois with a population of 16,107. There are 6,607 households in the county with an average household size of 2.40 persons. 21.92% of households in Mercer County are renters.

Income and Rent Overburden in Mercer County

The median gross income for households in Mercer County is $54,757 a year, or $4,563 a month. The median rent for the county is $566 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mercer County, a household making less than $1,887 a month would be considered overburdened when renting an apartment at or above the median rent. 29.97% of households who rent are overburdened in Mercer County.

Area Median Income In Mercer 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 Mercer County, HUD calculates the Area Median Income for a family of four as $75,400

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 Mercer 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 Mercer County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Mercer County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,850 $18,100 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Mercer County AMI may qualify for rental assistance programs that target Very Low Income households.
$26,400 $30,200 $33,950 $37,700 $40,750 $43,750 $46,750 $49,800
80% AMI Income Limits
Renters earning up to 80% of the Mercer County AMI may qualify for rental assistance programs that target Low Income households.
$42,250 $48,250 $54,300 $60,300 $65,150 $69,950 $74,800 $79,600

Cities In Mercer County

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

City Served By
Aledo The HUD funded Public Housing Agency that serves Aledo is the Mercer County Housing Authority.
Alexis The HUD funded Public Housing Agency that serves Alexis is the Mercer County Housing Authority.
Joy The HUD funded Public Housing Agency that serves Joy is the Mercer County Housing Authority.
Keithsburg The HUD funded Public Housing Agency that serves Keithsburg is the Mercer County Housing Authority.
Matherville The HUD funded Public Housing Agency that serves Matherville is the Mercer County Housing Authority.
New Boston The HUD funded Public Housing Agency that serves New Boston is the Mercer County Housing Authority.
North Henderson The HUD funded Public Housing Agency that serves North Henderson is the Mercer County Housing Authority.
Reynolds The HUD funded Public Housing Agency that serves Reynolds is the Mercer County Housing Authority.
Seaton The HUD funded Public Housing Agency that serves Seaton is the Mercer County Housing Authority.
Sherrard The HUD funded Public Housing Agency that serves Sherrard is the Mercer County Housing Authority.
Viola The HUD funded Public Housing Agency that serves Viola is the Mercer County Housing Authority.
Windsor The HUD funded Public Housing Agency that serves Windsor is the Mercer County Housing Authority.