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

Discover affordable housing in Staunton where there are 5+ 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.

Macoupin Homes

Caldwell Street, Staunton, Illinois 62088

Brickstone Apartments

600 Klondike St, Staunton, Illinois 62088

David - John Apartments

116 E Pearl St, Staunton, Illinois 62088

Prairie Homes

621 Kay Ln, Staunton, Illinois 62088

Midtown Apartments

402 S Union St, Staunton, Illinois 62088

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Staunton, Illinois
$17.84/hour
$3.84 (+27%) more than Illinois minimum wage and $10.59 (+146%) more than the Federal minimum wage.
Learn More About Staunton, Illinois Affordable Housing ↓

What HUD offices serve Staunton, 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), Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Staunton, Illinois.
Operates the Public Housing programs for Staunton, Illinois.

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

How many renters live in Staunton, Illinois?

The City of Staunton has 4,577 people living in 1,864 households.

There are 1,318 renters living in 482 renter households in this City. Renters make up 28.8 percent of the population living in Staunton.

What is the rental market like in Staunton, Illinois?

There are an estimated 2,106 housing units in the Staunton area. Of these, 572 units are rental homes, making up 27 percent of the housing market. For every renter household in Staunton, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Staunton?

The rental vacancy rate in Staunton 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 Staunton for each bedroom size?

Occupied Rental Units by Size in Staunton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 67 210 109 96
Occupied Rental Units by Size in Staunton

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

Among renter households in this market, 44 percent have housing cost burden. Further, 33 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 Staunton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $712 to $1,428. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $712
One BR $717
Two BR $942
Three BR $1,235
Four BR $1,428
2024 Fair Market Rents in Staunton, Illinois

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

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 52 78 percent
Two BR 138 66 percent
Rental Units Below FMR in Staunton, Illinois

How many affordable rental units are in Staunton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Public Housing 64
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Staunton, Illinois

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

Income Based Apartments in Staunton, Illinois

Staunton features 316 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 Staunton, Illinois

There are 38 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Staunton.

Housing Choice Vouchers in Staunton, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Staunton, Illinois for a two-bedroom apartment is between $848 and $1,036.

Sourced from federal housing data and AffordableHousingOnline.com research.