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Affordable Housing In Peoria County
Illinois

76 Low Income Apartment Communities In Peoria County

Dunlap Falls

6900 North Summershade Circle
Peoria, Illinois
$845-1,170
1-3 BR

GateWay at River City

518 West Romeo B Garrett Avenue
Peoria, Illinois
Call For Rent
Studio-2 BR
Accessible
Accessible

Woodview Apartments I

6th Street
Glasford, Illinois
Call For Rent
2 BR
Accepts Vouchers

Bayberry B Apartments

1405 Bayberry Ct
Chillicothe, Illinois
Call For Rent
1-2 BR
Accepts Vouchers

The Heartland Apartments

607 North Hightower Street
Peoria, Illinois
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Glen Oak Towers Apartments

926 Main Street
Peoria, Illinois
Call For Rent
1 BR

Galena Park Terrace Apartments

5533 N Galena Rd
Peoria, Illinois
Subsidized
62+
Accessible
Elderly Supportive Housing
Accepts Vouchers

River West

312 S Merriman St
Peoria, Illinois
Accepts Vouchers

Willow Oaks Apartments I

1225 Florence Ave
Pekin, Illinois
Subsidized

Village Green Apartments

725 W Hurlburt St
Peoria, Illinois
Subsidized

Guide To Affordable Housing in Peoria County, Illinois

There are 76 low income housing apartment communities offering 5,787 affordable apartments for rent in Peoria County, Illinois.

Income Based Apartments in Peoria County, Illinois

Peoria County features 4,218 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 Peoria County, Illinois

There are 1,569 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Peoria County.

Housing Choice Vouchers in Peoria County, Illinois

On average, Section 8 Housing Choice vouchers pay Peoria County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Peoria County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Peoria County, Illinois for a two-bedroom apartment is between $695 and $849.

2020 Peoria 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 $564 $606 $772 $998 $1,082
Payment Standard Range $508 to $620 $545 to $667 $695 to $849 $898 to $1,098 $974 to $1,190

Sourced from federal housing data and AffordableHousingOnline.com research.

Peoria County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 76
Total Low Income Apartments 5,787
Total Housing Units with Rental Assistance 4,218
Percentage of Housing Units Occupied By Renters 35.26%
Average Renter Household Size 2.25
Average Household Size 2.39
Median Household Income $51,147 ±$845
Median Rent $713 ±$13
Percentage Of Renters Overburdened 43.1% ± 2.32pp
Total Population 187,112

Population and Household Demographics

Peoria County is a county in Illinois with a population of 187,112. There are 76,133 households in the county with an average household size of 2.39 persons. 35.26% of households in Peoria County are renters.

Income and Rent Overburden in Peoria County

The median gross income for households in Peoria County is $51,147 a year, or $4,262 a month. The median rent for the county is $713 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Peoria County, a household making less than $2,377 a month would be considered overburdened when renting an apartment at or above the median rent. 43.1% of households who rent are overburdened in Peoria County.

Area Median Income In Peoria 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 Peoria County, HUD calculates the Area Median Income for a family of four as $79,600

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 Peoria 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 Peoria County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,750 $19,150 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,900 $31,850 $35,850 $39,800 $43,000 $46,200 $49,400 $52,550
80% of Median $44,600 $51,000 $57,350 $63,700 $68,800 $73,900 $79,000 $84,100

Cities In Peoria County

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

City Served By
Bartonville
Bellevue
Brimfield
Chillicothe
Dunlap
Elmwood
Glasford
Hanna City
Kingston Mines
Lake Camelot
Mapleton
Norwood
Pekin The HUD funded Public Housing Agency that serves Pekin is the Housing Authority of the City of Pekin.
Peoria The HUD funded Public Housing Agency that serves Peoria is the Peoria Housing Authority.
Peoria Heights
Princeville
Rome
West Peoria