Affordable Housing In Mercer County
9 Low Income Apartment Communities In Mercer County
Housing Authorities that serve Mercer County
|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 $700 and $856.
2020 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|
|Fair Market Rent||$524||$615||$778||$1,028||$1,169|
|Payment Standard Range||$472 to $576||$554 to $677||$700 to $856||$925 to $1,131||$1,052 to $1,286|
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|
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
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,850||$18,100||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$26,400||$30,200||$33,950||$37,700||$40,750||$43,750||$46,750||$49,800|
|80% of Median||$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.
|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.|