Low Income Apartments and Affordable Housing For Rent in Vermilion County, IL

Discover affordable housing in Vermilion County where there are 32+ 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.

Vermillion Gardens

1213 Garden Drive, Danville, Illinois 61832

Fortees Apartments

and 05- 725 S 1st Ave, Hoopeston, Illinois 60942

Wolford Apartments

9 E Harrison St, Danville, Illinois 61832

Oakwood Manor

103 Lake Bluff Dr, Oakwood, Illinois 61858

Sheridan Apartments

506 Sheridan St, Danville, Illinois 61832

Vermilion House

3535 N Vermilion St, Danville, Illinois 61832

Georgetown Manor

400 Huffman St, Georgetown, Illinois 61846

Danville Independent Living Center

1210 Holiday Dr, Danville, Illinois 61832

Green Meadow Apartments

1602 Edgewood Dr, Danville, Illinois 61832

Wyman Terrace Apartments

710 E Wyman St, Hoopeston, Illinois 60942

Prairie Meadows Homes

1200 Daisy Ln, Hoopeston, Illinois 60942

Cannon Place

1900 E. Main Street, Danville, Illinois 61832

Centennial Manor

426 E Honeywell Ave, Hoopeston, Illinois 60942

New Holland Apartments Mhr - 2060 324 N V

324 N Vermilion St, Danville, Illinois 61832

Bowman Estates of Danville

1968 N Bowman Avenue Rd, Danville, Illinois 61832

Valleyview Heights Apartments

1500 Valleyview Ave, Danville, Illinois 61832

Immanuel Manor

1401 Eastview Ave, Danville, Illinois 61832

Plaza Commons

715 W Elm St, Hoopeston, Illinois 60942

English Arms II

1320 N Vermilion St, Danville, Illinois 61832

Madison Court

215 E. Madison Ave., Danville, Illinois 61832

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Vermilion County, Illinois
$4.11 (+29%) more than Illinois minimum wage and $10.86 (+150%) more than the Federal minimum wage.
Learn More About Vermilion County, Illinois Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Family Unification Program (FUP) programs for Vermilion County, Illinois.

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 72,337 people living in 30,967 households.

There are 22,184 renters living in 10,757 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 34,496 housing units in the Vermilion County area. Of these, 10,281 units are rental homes, making up 30 percent of the housing market. For every renter household in Vermilion County, Illinois, there are 1 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 many renter households in Vermilion County are overburdened by housing costs?

Among renter households in this market, 40 percent have housing cost burden. Further, 14 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 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 567
Public Housing 552
Section 8 Project-Based Rental Assistance 847
Section 202 Supportive Housing for the Elderly 74
USDA Section 515 Rural Rental Housing 158
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.