Low Income Apartments and Affordable Housing For Rent in Table Grove, IL

Discover affordable housing in Table Grove where there are 1+ 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.

Table Grove Apartments

Liberty St, Table Grove, Illinois 61482

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Table Grove, Illinois
$16.27/hour
$2.27 (+16%) more than Illinois minimum wage and $9.02 (+124%) more than the Federal minimum wage.
Learn More About Table Grove, Illinois Affordable Housing ↓

What HUD offices serve Table Grove, 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 Table Grove, Illinois.

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

How many renters live in Table Grove, Illinois?

The City of Table Grove has 303 people living in 139 households.

There are 74 renters living in 33 renter households in this City. Renters make up 24.42 percent of the population living in Table Grove.

What is the rental market like in Table Grove, Illinois?

There are an estimated 166 housing units in the Table Grove area. Of these, 37 units are rental homes, making up 22 percent of the housing market. For every renter household in Table Grove, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Table Grove?

The rental vacancy rate in Table Grove is 11 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 Table Grove for each bedroom size?

Occupied Rental Units by Size in Table Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 17 6 8 2
Occupied Rental Units by Size in Table Grove

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

Among renter households in this market, 52 percent have housing cost burden. Further, 48 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 Table Grove

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $649 to $1,332. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $649
One BR $654
Two BR $859
Three BR $1,126
Four BR $1,332
2024 Fair Market Rents in Table Grove, Illinois

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

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 9 53 percent
Two BR 3 50 percent
Rental Units Below FMR in Table Grove, Illinois

How many affordable rental units are in Table Grove?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Table Grove, Illinois

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

Income Based Apartments in Table Grove, Illinois

Table Grove features 12 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 Table Grove, Illinois

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Table Grove.

Housing Choice Vouchers in Table Grove, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Table Grove, Illinois for a two-bedroom apartment is between $773 and $945.

Sourced from federal housing data and AffordableHousingOnline.com research.