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

Discover affordable housing in Peoria County where there are 116+ 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.

Bayberry B Apartments

1405 Bayberry Ct, Chillicothe, Illinois 61523

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Glen Oak Towers Apartments

926 Main Street, Peoria, Illinois 61602

bed 1

The Heartland Apartments

607 North Hightower Street, Peoria, Illinois 61605

bed 1
switch_access_shortcut Short Wait
elderly Senior

Village Apartments of Chillicothe

1208 N 2nd St, Chillicothe, Illinois 61523

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Oak Woods ( Ihda )

740 W Joan Ct, Peoria, Illinois 61614

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Village Green Apartments

725 W Hurlburt St, Peoria, Illinois 61605

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

River West

312 S Merriman St, Peoria, Illinois 61605

switch_access_shortcut Short Wait
accessibility Accessible

Dunlap Falls

6900 North Summershade Circle, Peoria, Illinois 61615

bed 1-3
payment $1020-1830/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Parkview Estates

2401 N Gale Ave, Peoria, Illinois 61604

bed 1-2
payment Subsidized

Court Place

230 Court St, Pekin, Illinois 61554

payment Subsidized

Chillicothe Village

1302 N Finney St, Chillicothe, Illinois 61523

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Sunset Hill

1825 Vienna Ct, Pekin, Illinois 61554

payment Subsidized

Willow Oaks Apartments I

1225 Florence Ave, Pekin, Illinois 61554

payment Subsidized

Prairie View Villas

3246 Vandever Ave, Pekin, Illinois 61554

payment Subsidized
accessibility Accessible
accessible_forward Disability

Landmark Apartments

706 N Shipman Street, Peoria, Illinois 61605

payment Subsidized

Parc Community Homes

1913 W Townline Rd, Peoria, Illinois 61615

payment Subsidized
accessibility Accessible

Brookmeadows

2315 Broadway St, Pekin, Illinois 61554

payment Subsidized

Bayberry C Apartments

1304 N Bayberry Ct, Chillicothe, Illinois 61523

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

GateWay at River City

518 West Romeo B Garrett Avenue, Peoria, Illinois 61605

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Woodview Apartments I

6th Street, Glasford, Illinois 61533

bed 2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Peoria County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Peoria County, Illinois
$18.28/hour
$4.28 (+31%) more than Illinois minimum wage and $11.03 (+152%) more than the Federal minimum wage.
Learn More About Peoria County, Illinois Affordable Housing ↓

How many renters live in Peoria County, Illinois?

The County of Peoria County has people living in households.

There are renters living in renter households in this County. Renters make up 28.13 percent of the population living in Peoria County.

What is the rental market like in Peoria County, Illinois?

There are an estimated housing units in the Peoria County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Peoria County, Illinois, there are 1.07 rental units.

What is the vacancy rate for rentals in Peoria County?

The rental vacancy rate in Peoria County is 6 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 Peoria County for each bedroom size?

Occupied Rental Units by Size in Peoria County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
694 8,772 10,140 4,411 1,733
Occupied Rental Units by Size in Peoria County

A large number of apartments in Peoria 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 Peoria County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $683 to $1,293. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $683
One BR $756
Two BR $965
Three BR $1,258
Four BR $1,293
2024 Fair Market Rents in Peoria County, Illinois

How many units are rented at Fair Market Rent (FMR) in Peoria 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 177 26 percent
One BR 5,944 68 percent
Two BR 4,366 43 percent
Rental Units Below FMR in Peoria County, Illinois

How many affordable rental units are in Peoria County?

There are a variety of federal affordable housing programs serving households in Peoria 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
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Peoria County, Illinois

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

Income Based Apartments in Peoria County, Illinois

Peoria County features 3,735 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 Peoria County, Illinois

There are 2,041 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Peoria County.

Housing Choice Vouchers in Peoria County, Illinois

On average, Section 8 Housing Choice vouchers pay Peoria County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Peoria County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Peoria County, Illinois for a two-bedroom apartment is between $869 and $1,062.

Sourced from federal housing data and AffordableHousingOnline.com research.

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