Affordable Housing In Viola
Mercer County, Illinois

2 Low Income Apartment Communities In Viola

Viola Apartments Hr - 174

16 Rt 17 $ 16th Ave
Viola, Illinois
Accepts Vouchers

Viola Senior Apartments

1005 16th Ave
Viola, Illinois
Accepts Vouchers
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Housing Authorities that serve Viola

Housing Authority Programs
Mercer County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Viola, Illinois

There are 2 low income housing apartment communities offering 18 affordable apartments for rent in Viola, Illinois.

Income Based Apartments in Viola, Illinois

Viola 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 Viola, Illinois

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Viola.

Housing Choice Vouchers in Viola, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Viola, Illinois for a two-bedroom apartment is between $700 and $856.

2020 Viola, Illinois Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $524 $615 $778 $1,028 $1,169
Payment Standard Range $472 to $576 $554 to $677 $700 to $856 $925 to $1,131 $1,052 to $1,286

Sourced from federal housing data and research.

Viola, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 18
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 13.52%
Average Renter Household Size 1.36
Average Household Size 2.29
Median Household Income $58,088 ±$12,612
Median Rent $630 ±$113
Percentage Of Renters Overburdened 39.62% ± 40.07pp
Total Population 897

Population and Household Demographics

Viola is a City in Mercer County, Illinois with a population of 897. There are 392 households in the city with an average household size of 2.29 persons. 13.52% of households in Viola are renters.

Income and Rent Overburden in Viola

The median gross income for households in Viola is $58,088 a year, or $4,841 a month. The median rent for the city is $630 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Viola, a household making less than $2,100 a month would be considered overburdened when renting an apartment at or above the median rent. 39.62% of households who rent are overburdened in Viola.1

Area Median Income In Viola

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Viola, the AMI is calculated from all households within Mercer County.

In Viola, HUD calculates the Area Median Income for a family of four as $72,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Viola

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Viola

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,450 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,450 $29,100 $32,750 $36,350 $39,300 $42,200 $45,100 $48,000
80% of Median $40,750 $46,550 $52,350 $58,150 $62,850 $67,500 $72,150 $76,800