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

Discover affordable housing in Steger where there are 7+ 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.

Centennial Village Seniors

377 Columbia Cir, Steger, Illinois 60475

bed 1
payment $730-872/mo.

Centennial Village Senior II

3172 Loverock Ave, Steger, Illinois 60475

3431 Morgan St

3431 Morgan St, Steger, Illinois 60475

bed 3
payment $1600/mo.

24 W 37th St Unit 1

24 W 37th St Unit 1, Steger, Illinois 60475

bed 2
payment $1400/mo.

3512 John Street

3512 John St, Steger, Illinois 60475

bed 3
payment $1625/mo.

3410 Halsted Blvd Unit 2

3410 Halsted Blvd Unit 2, Steger, Illinois 60475

bed 2
payment $1200/mo.

Home - Stough Steger Senior

35th Holeman, Steger, Illinois 60476

How To Identify Affordable Housing in Steger, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Steger, 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 Steger, Illinois Affordable Housing ↓

What HUD offices serve Steger, 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, Section 8 Project-Based Voucher (PBV) programs for Steger, Illinois.

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

How many renters live in Steger, Illinois?

The City of Steger has 9,518 people living in 4,050 households.

There are 2,902 renters living in 1,626 renter households in this City. Renters make up 30.49 percent of the population living in Steger.

What is the rental market like in Steger, Illinois?

There are an estimated 4,426 housing units in the Steger area. Of these, 1,756 units are rental homes, making up 40 percent of the housing market. For every renter household in Steger, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Steger?

The rental vacancy rate in Steger is 5 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 Steger for each bedroom size?

Occupied Rental Units by Size in Steger
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
96 829 379 322 0
Occupied Rental Units by Size in Steger

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

Among renter households in this market, 55 percent have housing cost burden. Further, 28 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 Steger

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 Steger, Illinois

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

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 84 88 percent
One BR 829 100 percent
Two BR 304 80 percent
Rental Units Below FMR in Steger, Illinois

How many affordable rental units are in Steger?

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

Federal Program Unit Count
Low Income Housing Tax Credit 137
Tracked Units by Federal Program in Steger, Illinois

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

Income Based Apartments in Steger, Illinois

Steger features 0 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 Steger, Illinois

There are 221 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Steger.

Housing Choice Vouchers in Steger, Illinois

On average, Section 8 Housing Choice vouchers pay Steger landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Steger.

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

Sourced from federal housing data and AffordableHousingOnline.com research.