Low Income Apartments and Affordable Housing For Rent in Westmont, IL

Discover affordable housing in Westmont 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.

I.C.A.R.E.

501 N Cass Ave, Westmont, Illinois 60559

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Westmont, Illinois
$32.46/hour
$18.46 (+132%) more than Illinois minimum wage and $25.21 (+348%) more than the Federal minimum wage.
Learn More About Westmont, Illinois Affordable Housing ↓

What HUD offices serve Westmont, 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), Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Homeownership programs for Westmont, Illinois.

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

How many renters live in Westmont, Illinois?

The City of Westmont has 24,271 people living in 10,336 households.

There are 10,118 renters living in 4,932 renter households in this City. Renters make up 41.69 percent of the population living in Westmont.

What is the rental market like in Westmont, Illinois?

There are an estimated 11,204 housing units in the Westmont area. Of these, 5,339 units are rental homes, making up 48 percent of the housing market. For every renter household in Westmont, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Westmont?

The rental vacancy rate in Westmont is 5 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 Westmont for each bedroom size?

Occupied Rental Units by Size in Westmont
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
213 1,819 2,338 511 51
Occupied Rental Units by Size in Westmont

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

Among renter households in this market, 45 percent have housing cost burden. Further, 22 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 Westmont

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,399 to $2,583. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,399
One BR $1,507
Two BR $1,714
Three BR $2,182
Four BR $2,583
2024 Fair Market Rents in Westmont, Illinois

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

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 166 78 percent
One BR 1,577 87 percent
Two BR 1,353 58 percent
Rental Units Below FMR in Westmont, Illinois

How many affordable rental units are in Westmont?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 224
Section 202 Supportive Housing for the Elderly 214
Tracked Units by Federal Program in Westmont, Illinois

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

Income Based Apartments in Westmont, Illinois

Westmont features 61 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 Westmont, Illinois

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

Housing Choice Vouchers in Westmont, Illinois

On average, Section 8 Housing Choice vouchers pay Westmont landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Westmont.

The maximum amount a voucher would pay on behalf of a low-income tenant in Westmont, Illinois for a two-bedroom apartment is between $1,543 and $1,885.

Sourced from federal housing data and AffordableHousingOnline.com research.