What HUD offices serve Vermilion 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.
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Vermilion County.
How many renters live in Vermilion County, Illinois?
The County of Vermilion County has people living in households.
There are renters living in renter households in this County. Renters make up 30.67 percent of the population living in Vermilion County.
What is the rental market like in Vermilion County, Illinois?
There are an estimated housing units in the Vermilion County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Vermilion County, Illinois, there are 0.96 rental units.
What is the vacancy rate for rentals in Vermilion County?
The rental vacancy rate in Vermilion County 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 Vermilion County for each bedroom size?
Occupied Rental Units by Size in Vermilion County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 159 | 2,271 | 3,755 | 2,196 | 635 |
Occupied Rental Units by Size in Vermilion County
A large number of apartments in Vermilion County 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 Vermilion County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,273. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $691 |
| One BR | $728 |
| Two BR | $956 |
| Three BR | $1,191 |
| Four BR | $1,273 |
2024 Fair Market Rents in Vermilion County, Illinois
How many units are rented at Fair Market Rent (FMR) in Vermilion 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 | 134 | 84 percent |
| One BR | 1,766 | 78 percent |
| Two BR | 2,590 | 69 percent |
Rental Units Below FMR in Vermilion County, Illinois
How many affordable rental units are in Vermilion County?
There are a variety of federal affordable housing programs serving households in Vermilion County, 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 | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Vermilion County, Illinois
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Vermilion County, Illinois
Vermilion County features 1,809 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 Vermilion County, Illinois
There are 184 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vermilion County.
Housing Choice Vouchers in Vermilion County, Illinois
On average, Section 8 Housing Choice vouchers pay Vermilion County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Vermilion County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Vermilion County, Illinois for a two-bedroom apartment is between $860 and $1,052.
Sourced from federal housing data and AffordableHousingOnline.com research.
