Low Income Apartments and Affordable Housing For Rent in Northlake, IL

Discover affordable housing in Northlake 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.

Wisdom Village Northlake

33 S Wolf Rd, Northlake, Illinois 60164

Donald W. Kent Residence

100 S Wolf Rd, Northlake, Illinois 60164

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Northlake, Illinois
$32.46/hour
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Northlake, Illinois Affordable Housing ↓

What HUD offices serve Northlake, 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 Northlake, Illinois.

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

How many renters live in Northlake, Illinois?

The City of Northlake has 12,683 people living in 4,539 households.

There are 2,952 renters living in 1,490 renter households in this City. Renters make up 23.28 percent of the population living in Northlake.

What is the rental market like in Northlake, Illinois?

There are an estimated 4,704 housing units in the Northlake area. Of these, 1,523 units are rental homes, making up 32 percent of the housing market. For every renter household in Northlake, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Northlake?

The rental vacancy rate in Northlake is 2 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 Northlake for each bedroom size?

Occupied Rental Units by Size in Northlake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
221 496 404 249 113
Occupied Rental Units by Size in Northlake

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

Among renter households in this market, 50 percent have housing cost burden. Further, 28 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 Northlake

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 Northlake, Illinois

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

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 202 91 percent
One BR 380 77 percent
Two BR 304 75 percent
Rental Units Below FMR in Northlake, Illinois

How many affordable rental units are in Northlake?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 72
Tracked Units by Federal Program in Northlake, Illinois

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

Income Based Apartments in Northlake, Illinois

Northlake features 73 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 Northlake, Illinois

There are 17 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Northlake.

Housing Choice Vouchers in Northlake, Illinois

On average, Section 8 Housing Choice vouchers pay Northlake landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Northlake.

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

Sourced from federal housing data and AffordableHousingOnline.com research.