Low Income Apartments and Affordable Housing For Rent in Moultrie County, IL

Discover affordable housing in Moultrie County where there are 7+ 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.

Branch Creek Square Apartments

402 E Main St, Bethany, Illinois 61914

Westport Apartments

4 Westport Dr, Sullivan, Illinois 61951

Jefferson Square Apartments

102 S Calhoun St, Sullivan, Illinois 61951

Jefferson Village Bethany

110 S Jefferson St, Bethany, Illinois 61914

Bethany Housing Bethany

503 S. Washington, Bethany, Illinois

Prairie Gardens Sullivan

1103 S. Main St., Sullivan, Illinois

Apollo Court Lovington

103 Apollo Ct, Lovington, Illinois 61937

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Moultrie County, Illinois
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Moultrie County, Illinois Affordable Housing ↓

What HUD offices serve Moultrie County, 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), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Moultrie County, Illinois.

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

How many renters live in Moultrie County, Illinois?

The County of Moultrie County has 14,531 people living in 5,824 households.

There are 2,598 renters living in 1,282 renter households in this County. Renters make up 17.88 percent of the population living in Moultrie County.

What is the rental market like in Moultrie County, Illinois?

There are an estimated 6,196 housing units in the Moultrie County area. Of these, 1,427 units are rental homes, making up 23 percent of the housing market. For every renter household in Moultrie County, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Moultrie County?

The rental vacancy rate in Moultrie County is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Moultrie County for each bedroom size?

Occupied Rental Units by Size in Moultrie County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
35 256 474 394 88
Occupied Rental Units by Size in Moultrie County

A large number of apartments in Moultrie County 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 Moultrie County are overburdened by housing costs?

Among renter households in this market, 28 percent have housing cost burden. Further, 11 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 Moultrie County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,276. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $616
Two BR $807
Three BR $1,137
Four BR $1,276
2024 Fair Market Rents in Moultrie County, Illinois

How many units are rented at Fair Market Rent (FMR) in Moultrie County?

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
Studio 0 100 percent
One BR 157 61 percent
Two BR 308 65 percent
Rental Units Below FMR in Moultrie County, Illinois

How many affordable rental units are in Moultrie County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 84
Section 8 Project-Based Rental Assistance 21
USDA Section 515 Rural Rental Housing 46
Tracked Units by Federal Program in Moultrie County, Illinois

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

Income Based Apartments in Moultrie County, Illinois

Moultrie County features 75 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 Moultrie County, Illinois

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moultrie County.

Housing Choice Vouchers in Moultrie County, Illinois

On average, Section 8 Housing Choice vouchers pay Moultrie County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Moultrie County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Moultrie County, Illinois for a two-bedroom apartment is between $726 and $888.

Sourced from federal housing data and AffordableHousingOnline.com research.