Low Income Apartments and Affordable Housing For Rent in Morton Grove, IL

Discover affordable housing in Morton Grove where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Morton Grove Housing for the Elderl

9016 Waukegan Rd, Morton Grove, Illinois 60053

The Homestead at Morton Grove

6400 Lincoln Ave, Morton Grove, Illinois 60053

How To Identify Affordable Housing in Morton Grove, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Morton Grove, Illinois
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Morton Grove, Illinois Affordable Housing ↓

What HUD offices serve Morton Grove, Illinois?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV) programs for Morton Grove, Illinois.

Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Morton Grove.

How many renters live in Morton Grove, Illinois?

The City of Morton Grove has 24,910 people living in 9,166 households.

There are 2,839 renters living in 1,241 renter households in this City. Renters make up 11.4 percent of the population living in Morton Grove.

What is the rental market like in Morton Grove, Illinois?

There are an estimated 9,615 housing units in the Morton Grove area. Of these, 1,318 units are rental homes, making up 14 percent of the housing market. For every renter household in Morton Grove, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Morton Grove?

The rental vacancy rate in Morton Grove is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Morton Grove for each bedroom size?

Occupied Rental Units by Size in Morton Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 86 674 402 67
Occupied Rental Units by Size in Morton Grove

A large number of apartments in Morton Grove have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Morton Grove are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Morton Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,399
One BR $1,507
Two BR $1,714
Three BR $2,182
Four BR $2,583
2024 Fair Market Rents in Morton Grove, Illinois

How many units are rented at Fair Market Rent (FMR) in Morton Grove?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 86 100 percent
Two BR 86 13 percent
Rental Units Below FMR in Morton Grove, Illinois

How many affordable rental units are in Morton Grove?

There are a variety of federal affordable housing programs serving households in Morton Grove, Illinois including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 75
Section 8 Project-Based Rental Assistance 56
Tracked Units by Federal Program in Morton Grove, Illinois

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Morton Grove, Illinois

Morton Grove features 56 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 Morton Grove, Illinois

There are 82 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morton Grove.

Housing Choice Vouchers in Morton Grove, Illinois

On average, Section 8 Housing Choice vouchers pay Morton Grove landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Morton Grove.

The maximum amount a voucher would pay on behalf of a low-income tenant in Morton Grove, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.