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

Discover affordable housing in Rushville where there are 3+ 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.

Charles Place Apartments

2 Charles St, Rushville, Illinois 62681

Royal Regal Apartments

401 Silverleaf St, Rushville, Illinois 62681

Fairview Apartments

101 Donas Dr, Rushville, Illinois 62681

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rushville, Illinois
$15.28/hour
$1.28 (+9%) more than Illinois minimum wage and $8.03 (+111%) more than the Federal minimum wage.
Learn More About Rushville, Illinois Affordable Housing ↓

How many renters live in Rushville, Illinois?

The City of Rushville has 2,610 people living in 1,252 households.

There are 608 renters living in 351 renter households in this City. Renters make up 23.3 percent of the population living in Rushville.

What is the rental market like in Rushville, Illinois?

There are an estimated 1,461 housing units in the Rushville area. Of these, 399 units are rental homes, making up 27 percent of the housing market. For every renter household in Rushville, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Rushville?

The rental vacancy rate in Rushville is 12 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 Rushville for each bedroom size?

Occupied Rental Units by Size in Rushville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 157 119 65 10
Occupied Rental Units by Size in Rushville

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

Among renter households in this market, 18 percent have housing cost burden. Further, 6 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 Rushville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $553 to $1,369. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $553
One BR $719
Two BR $807
Three BR $999
Four BR $1,369
2024 Fair Market Rents in Rushville, Illinois

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

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 46 29 percent
Two BR 87 73 percent
Rental Units Below FMR in Rushville, Illinois

How many affordable rental units are in Rushville?

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

Federal Program Unit Count
Section 202 Supportive Housing for the Elderly 15
USDA Section 515 Rural Rental Housing 22
Tracked Units by Federal Program in Rushville, Illinois

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

Income Based Apartments in Rushville, Illinois

Rushville features 57 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 Rushville, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rushville.

Housing Choice Vouchers in Rushville, Illinois

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.