What HUD offices serve Scales Mound, 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Scales Mound.
How many renters live in Scales Mound, Illinois?
The City of Scales Mound has people living in households.
There are renters living in renter households in this City. Renters make up 29.49 percent of the population living in Scales Mound.
What is the rental market like in Scales Mound, Illinois?
There are an estimated housing units in the Scales Mound area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Scales Mound, Illinois, there are 1.2 rental units.
What is the vacancy rate for rentals in Scales Mound?
The rental vacancy rate in Scales Mound is 16 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 Scales Mound for each bedroom size?
Occupied Rental Units by Size in Scales Mound
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 4 | 24 | 14 | 4 |
Occupied Rental Units by Size in Scales Mound
A large number of apartments in Scales Mound have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Scales Mound
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $596 to $1,075. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $596 |
| One BR | $680 |
| Two BR | $807 |
| Three BR | $1,071 |
| Four BR | $1,075 |
2024 Fair Market Rents in Scales Mound, Illinois
How many units are rented at Fair Market Rent (FMR) in Scales Mound?
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 | 3 | 75 percent |
| Two BR | 15 | 63 percent |
Rental Units Below FMR in Scales Mound, Illinois
How many affordable rental units are in Scales Mound?
There are a variety of federal affordable housing programs serving households in Scales Mound, Illinois including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Scales Mound, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Scales Mound, Illinois
Scales Mound features 8 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 Scales Mound, Illinois
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Scales Mound.
Housing Choice Vouchers in Scales Mound, Illinois
On average, Section 8 Housing Choice vouchers pay Scales Mound landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Scales Mound.
The maximum amount a voucher would pay on behalf of a low-income tenant in Scales Mound, Illinois for a two-bedroom apartment is between $726 and $888.
Sourced from federal housing data and AffordableHousingOnline.com research.