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

Discover affordable housing in Springfield where there are 103+ 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.

Homestead at Montvale

2801 Montaluma Dr, Springfield, Illinois 62704

switch_access_shortcut Short Wait
accessibility Accessible

Capitol Plaza

1210 E Washington St, Springfield, Illinois 62703

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Poplar Place Townhomes

902 25th St, Springfield, Illinois 62703

switch_access_shortcut Short Wait
accessibility Accessible

Near North Village

401 E Jefferson St, Springfield, Illinois 62701

payment Subsidized

Sangamon Towers

424 N 4th St, Springfield, Illinois 62702

payment Subsidized

Washington Plaza

2301 W Washington St, Springfield, Illinois 62702

payment Subsidized

Park Towers

405 Williams St, Springfield, Illinois 62704

payment Subsidized

Madison Park Place

426 N 13th St, Springfield, Illinois 62702

switch_access_shortcut Short Wait
accessibility Accessible

The Boulevard Townhomes

2715 S MacArthur Blvd, Springfield, Illinois 62704

bed 2
payment $685-720/mo.

King's Court Apartments

2641 East Cook Street, Springfield, Illinois 62703

bed Studio-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

The Villas at Vinegar Hill

200 North 11th Street, Springfield, Illinois 62703

bed 1-2
payment Subsidized
accessibility Accessible

Orchard Park

1516 Seven Pines Rd, Springfield, Illinois 62704

bed 2-3
payment $1050-1365/mo.

Candles

9 Candlelight Dr, Springfield, Illinois 62704

bed 3
payment $1314/mo.

Whispering Pines

2473 Ladley Ct, Springfield, Illinois 62703

bed 1-2
payment $750-800/mo.

3TEN

310 Dickinson Rd, Springfield, Illinois 62704

bed 2
payment $968/mo.

2207 E Cedar St

2207 E Cedar St, Springfield, Illinois 62703

bed 3
payment $1295/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1729 S 1st St

1729 S 1st St, Springfield, Illinois 62704

bed 4
payment $725/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1405 S 5th St Unit A

1405 S 5th St Unit A, Springfield, Illinois 62703

bed 3
payment $1150/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1820 Dial Ct Unit B

1820 Dial Ct Unit B, Springfield, Illinois 62704

bed 2
payment $800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1820 Dial Ct Unit C

1820 Dial Ct Unit C, Springfield, Illinois 62704

bed 2
payment $800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

How To Identify Affordable Housing in Springfield, Illinois

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Springfield, Illinois
$20.27/hour
$6.27 (+45%) more than Illinois minimum wage and $13.02 (+180%) more than the Federal minimum wage.
Learn More About Springfield, Illinois Affordable Housing ↓

What HUD offices serve Springfield, 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, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Springfield, Illinois.

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

How many renters live in Springfield, Illinois?

The City of Springfield has people living in households.

There are renters living in renter households in this City. Renters make up 28.14 percent of the population living in Springfield.

What is the rental market like in Springfield, Illinois?

There are an estimated housing units in the Springfield area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Springfield, Illinois, there are 1.3 rental units.

What is the vacancy rate for rentals in Springfield?

The rental vacancy rate in Springfield is 10 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 Springfield for each bedroom size?

Occupied Rental Units by Size in Springfield
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
731 4,926 8,356 4,043 901
Occupied Rental Units by Size in Springfield

A large number of apartments in Springfield 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 Springfield

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $725 to $1,459. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $725
One BR $873
Two BR $1,070
Three BR $1,421
Four BR $1,459
2024 Fair Market Rents in Springfield, Illinois

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

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 488 67 percent
One BR 3,351 68 percent
Two BR 5,604 67 percent
Rental Units Below FMR in Springfield, Illinois

How many affordable rental units are in Springfield?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Springfield, Illinois

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

Income Based Apartments in Springfield, Illinois

Springfield features 1,868 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 Springfield, Illinois

There are 1,116 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Springfield.

Housing Choice Vouchers in Springfield, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springfield, Illinois for a two-bedroom apartment is between $963 and $1,177.

Sourced from federal housing data and AffordableHousingOnline.com research.

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