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

Discover affordable housing in McHenry County where there are 25+ 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.

Garden Place Apartments

225 North 1st Street, Cary, Illinois 60013

Hillcrest Apartments

1916 N Orleans St, Mchenry, Illinois 60050

Woodstock Senior Apartments

501 Spring Creek Ln, Woodstock, Illinois 60098

Harvard Ranch Apartments for Seniors

820 W Metzen St, Harvard, Illinois 60033

Sunset Senior Apartments

710 W Metzen St, Harvard, Illinois 60033

Walden Oaks Apartments

1224 Walden Oaks Dr, Woodstock, Illinois 60098

Mapletree Apartments

1959 Sheila St, Woodstock, Illinois 60098

Crystal Terrace

192 Elmhurst Rd, Crystal Lake, Illinois 60014

Woodstock Commons

1400 Commons Dr, Woodstock, Illinois 60098

The Johnsburg Complex

2117 W. Church St., Johnsburg, Illinois 60051

Creekview

5615 Liberty Street, Richmond, Illinois 60071

Cary Senior Living

880 Feinberg Court, Cary, Illinois 60013

North Prairie Marengo Apartments

940 Briden Drive, Marengo, Illinois 60152

The Villas of Lake in the Hills

500 Autumn Ridge Rd, Lake in the Hills, Illinois 60156

Living Springs of Mchenry Slf

4609 W Crystal Lake Rd, Mchenry, Illinois 60050

Harvard Supportive Housing

600 S Howard St, Harvard, Illinois 60033

The Villager Briarwood

77 Williams, Crystal Lake, Illinois 60014

The Residences Of Crystal Lake

355 Station Drive, Crystal Lake, Illinois 60014

Senior Residences of Lake In The Hills

2601 Village Hall Dr, Lake in the Hills, Illinois 60156

PEARL STREET COMMONS LLC

3512 PEARL ST, Mchenry, Illinois 60050

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In McHenry County, 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 McHenry County, Illinois Affordable Housing ↓

What HUD offices serve McHenry 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), Public Housing programs for McHenry County, Illinois.

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

How many renters live in McHenry County, Illinois?

The County of McHenry County has 311,747 people living in 118,287 households.

There are 39,043 renters living in 19,450 renter households in this County. Renters make up 12.52 percent of the population living in McHenry County.

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

There are an estimated 119,985 housing units in the McHenry County area. Of these, 21,450 units are rental homes, making up 18 percent of the housing market. For every renter household in McHenry County, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in McHenry County?

The rental vacancy rate in McHenry County is 3 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 McHenry County for each bedroom size?

Occupied Rental Units by Size in McHenry County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
857 4,390 8,560 4,877 1,455
Occupied Rental Units by Size in McHenry County

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

Among renter households in this market, 48 percent have housing cost burden. Further, 22 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 McHenry County

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 McHenry County, Illinois

How many units are rented at Fair Market Rent (FMR) in McHenry 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 665 78 percent
One BR 3,811 87 percent
Two BR 5,851 68 percent
Rental Units Below FMR in McHenry County, Illinois

How many affordable rental units are in McHenry County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 575
Public Housing 27
Section 8 Project-Based Rental Assistance 540
Section 202 Supportive Housing for the Elderly 59
Section 811 Supportive Housing for Persons with Disabilities 15
USDA Section 515 Rural Rental Housing 140
Tracked Units by Federal Program in McHenry County, Illinois

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

Income Based Apartments in McHenry County, Illinois

McHenry County features 755 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 McHenry County, Illinois

There are 739 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in McHenry County.

Housing Choice Vouchers in McHenry County, Illinois

On average, Section 8 Housing Choice vouchers pay McHenry County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in McHenry County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.