Affordable Housing In Montgomery County
Illinois

26 Low Income Apartment Communities In Montgomery County

Hillsboro Heights

215 Mill Street/ 11 North Oak Street
Hillsboro, IL
Call For Rent
1-2 BR
HCV Welcome
Subsidized

Zimmet Square Apartments

1 Zimmet Drive
Farmersville, IL
Call For Rent
1-2 BR
HCV Welcome

Montgomery County Sr Homes

119 Stuart St
Witt, IL
HCV Welcome

Freedom Place II

920 E Prairie St
Litchfield, IL
HCV Welcome

Rupert Apartments Litchfield

204 S Montgomery Ave
Litchfield, IL
Subsidized

Rupert Apartments Nokomis

611 N Pine St
Nokomis, IL

Rupert Apartments of Irving

120 Vine St
Irving, IL
Subsidized

Chestnut Ridge Apartments

1715 E St John
Litchfield, IL
HCV Welcome

Doubletree Apartments Litchfield

Grant & Tyler St
Litchfield, IL
Subsidized

Times and Season Apartments Nokomis

Warren & Walnut St
Nokomis, IL

Housing Authorities that serve Montgomery County

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

Guide To Affordable Housing in Montgomery County, Illinois

According to federal housing data and AffordableHousingOnline.com research, there are 26 low income housing apartment communities offering 655 affordable apartments for rent in Montgomery County, Illinois. Montgomery County features 267 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 388 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Montgomery County.

Montgomery County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 655
Total Housing Units with Rental Assistance 267
Percentage of Housing Units Occupied By Renters 22.16%
Average Renter Household Size 2.17
Average Household Size 2.17
Median Household Income $46,966 ±$1,701
Median Rent $595 ±$24
Percentage Of Renters Overburdened 32.17% ± 4.84pp
Total Population 29,348

Population and Household Demographics

Montgomery County is a County in Illinois with a population of 29,348. There are 10,985 households in the county with an average household size of 2.17 persons. 22.16% of households in Montgomery County are renters.

Income and Rent Overburden in Montgomery County

The median gross income for households in Montgomery County is $46,966 a year, or $3,914 a month. The median rent for the county is $595 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montgomery County, a household making less than $1,983 a month would be considered overburdened when renting an apartment at or above the median rent. 32.17% of households who rent are overburdened in Montgomery County.1

Area Median Income In Montgomery 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 Montgomery County, HUD calculates the Area Median Income for a family of four as $59,000

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 Montgomery 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 Montgomery County HUD Rental Assistance in Montgomery County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% of Median $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050
Low Income Housing Tax Credits in Montgomery County

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

From 1990 to 2008, 12 low income apartment communities containing 274 rental apartments have been constructed and made affordable to low income persons in Montgomery 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 Montgomery County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
60% of Median $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

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 Montgomery County is $35,820 a year, or $2,985 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,985 by 30% to get a maximum rent of $896 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% $581 $623 $746 $863 $963 $1,062
60% $698 $747 $896 $1,035 $1,155 $1,274
Fair Market Rents in Montgomery 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$508 $563 $698 $870 $991

Cities In Montgomery County

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

City Listings Served By
Litchfield 15 The HUD funded Public Housing Agency that serves Litchfield is the Montgomery County Housing Authority.
Hillsboro 3 The HUD funded Public Housing Agency that serves Hillsboro is the Montgomery County Housing Authority.
Witt 3 The HUD funded Public Housing Agency that serves Witt is the Montgomery County Housing Authority.
Fillmore 0 The HUD funded Public Housing Agency that serves Fillmore is the Montgomery County Housing Authority.
Nokomis 3 The HUD funded Public Housing Agency that serves Nokomis is the Montgomery County Housing Authority.
Irving 1 The HUD funded Public Housing Agency that serves Irving is the Montgomery County Housing Authority.
Farmersville 1 The HUD funded Public Housing Agency that serves Farmersville is the Montgomery County Housing Authority.
Coffeen 0 The HUD funded Public Housing Agency that serves Coffeen is the Montgomery County Housing Authority.
Butler 0 The HUD funded Public Housing Agency that serves Butler is the Montgomery County Housing Authority.
Coalton 0 The HUD funded Public Housing Agency that serves Coalton is the Montgomery County Housing Authority.
Ohlman 0 The HUD funded Public Housing Agency that serves Ohlman is the Montgomery County Housing Authority.
Raymond 0 The HUD funded Public Housing Agency that serves Raymond is the Montgomery County Housing Authority.
Taylor Springs 0 The HUD funded Public Housing Agency that serves Taylor Springs is the Montgomery County Housing Authority.
Waggoner 0 The HUD funded Public Housing Agency that serves Waggoner is the Montgomery County Housing Authority.
Walshville 0 The HUD funded Public Housing Agency that serves Walshville is the Montgomery County Housing Authority.
Wenonah 0 The HUD funded Public Housing Agency that serves Wenonah is the Montgomery County Housing Authority.
Schram City 0 The HUD funded Public Housing Agency that serves Schram City is the Montgomery County Housing Authority.