Affordable Housing In Will County
Illinois


Waiting List Openings In Will County

Waiting ListStatus
Housing Authority of Joliet Senior and Disabled Public Housing Open Now

31 Low Income Apartment Communities In Will County

NEW LENOX HORIZON

1101 South Cedar Road
New Lenox, IL
Call For Rent
1 BR
HCV Welcome

Hope Manor Joliet

1331 Eagle Street
Joliet, IL
HCV Welcome

Hawthorne Lakes Senior Residences

Frankfort
Frankfort, IL
Call For Rent
1-2 BR
HCV Welcome

Braidwood Country Place Apartments

175 Cermak Rd
Braidwood, IL
Call For Rent
1-3 BR

Liberty Meadow Estates Phase III

1300 Milkweed Dr
Joliet, IL
Call For Rent
2-3 BR
55+
HCV Welcome

Water's Edge

Joliet
Joliet, IL
HCV Welcome

Zousa Drive Group Home

21046 Zausa Dr
Crest Hill, IL
Accessible
Disabled Supportive Housing
Subsidized

Beecher Manor Apartments

275 S Woodward St
Beecher, IL
HCV Welcome

Trinity Housing

32150 W River Rd
Wilmington, IL
Accessible
Disabled Supportive Housing
Subsidized

Medinah Lane Group Home

25436 Medinah Ln
Shorewood, IL
Accessible
Disabled Supportive Housing
Subsidized

Housing Authorities that serve Will County

Housing Authority Programs
Housing Authority of Joliet Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Section 8 Project-Based Rental Assistance (PBRA); Mainstream Voucher; Family Unification Program (FUP)

Guide To Affordable Housing in Will County, Illinois

There are 31 low income housing apartment communities offering 1,596 affordable apartments for rent in Will County, Illinois. Will County features 75 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,454 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Will County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Will County, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 31
Total Low Income Apartments 1,596
Total Housing Units with Rental Assistance 75
Percentage of Housing Units Occupied By Renters 18.5%
Average Renter Household Size 2.68
Average Household Size 3.02
Median Household Income $76,101 ±$809
Median Rent $1,039 ±$22
Percentage Of Renters Overburdened 49.34% ± 1.73pp
Total Population 683,995

Population and Household Demographics

Will County is a County in Illinois with a population of 683,995. There are 223,640 households in the county with an average household size of 3.02 persons. 18.5% of households in Will County are renters.

Income and Rent Overburden in Will County

The median gross income for households in Will County is $76,101 a year, or $6,342 a month. The median rent for the county is $1,039 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Will County, a household making less than $3,463 a month would be considered overburdened when renting an apartment at or above the median rent. 49.34% of households who rent are overburdened in Will County.1

Area Median Income In Will County

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.

In Will County, HUD calculates the Area Median Income for a family of four as $89,100

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 Will County

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 Will County HUD Rental Assistance in Will County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,750 $21,400 $24,100 $26,750 $30,170 $34,590 $39,010 $43,430
50% of Median $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
80% of Median $49,950 $57,050 $64,200 $71,300 $77,050 $82,750 $88,450 $94,150
Low Income Housing Tax Credits in Will County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2006, 9 low income apartment communities containing 1,019 rental apartments have been constructed and made affordable to low income persons in Will County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Will County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
60% of Median $37,440 $42,780 $48,120 $53,460 $57,780 $62,040 $66,300 $70,620

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Will County is $48,120 a year, or $4,010 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,010 by 30% to get a maximum rent of $1,203 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $780 $836 $1,003 $1,159 $1,293 $1,426
60% $936 $1,003 $1,203 $1,391 $1,551 $1,712
Fair Market Rents in Will County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$956 $1,076 $1,248 $1,585 $1,888

Cities In Will County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Beecher 2 The HUD funded Public Housing Agency that serves Beecher is the Housing Authority of Joliet.
Wilmington 7 The HUD funded Public Housing Agency that serves Wilmington is the Housing Authority of Joliet.
Romeoville 2 The HUD funded Public Housing Agency that serves Romeoville is the Housing Authority of Joliet.
Crest Hill 3 The HUD funded Public Housing Agency that serves Crest Hill is the Housing Authority of Joliet.
Braidwood 3 The HUD funded Public Housing Agency that serves Braidwood is the Housing Authority of Joliet.
Lockport 2 The HUD funded Public Housing Agency that serves Lockport is the Housing Authority of Joliet.
Elwood 0 The HUD funded Public Housing Agency that serves Elwood is the Housing Authority of Joliet.
Shorewood 5 The HUD funded Public Housing Agency that serves Shorewood is the Housing Authority of Joliet.
Willowbrook 1 The HUD funded Public Housing Agency that serves Willowbrook is the Housing Authority of Joliet.
Crystal Lawns 0 The HUD funded Public Housing Agency that serves Crystal Lawns is the Housing Authority of Joliet.
Fairmont 0 The HUD funded Public Housing Agency that serves Fairmont is the Housing Authority of Joliet.
Frankfort Square 0 The HUD funded Public Housing Agency that serves Frankfort Square is the Housing Authority of Joliet.
Homer Glen 0 The HUD funded Public Housing Agency that serves Homer Glen is the Housing Authority of Joliet.
Ingalls Park 0 The HUD funded Public Housing Agency that serves Ingalls Park is the Housing Authority of Joliet.
Lakewood Shores 0 The HUD funded Public Housing Agency that serves Lakewood Shores is the Housing Authority of Joliet.
Manhattan 0 The HUD funded Public Housing Agency that serves Manhattan is the Housing Authority of Joliet.
Mokena 0 The HUD funded Public Housing Agency that serves Mokena is the Housing Authority of Joliet.
Monee 0 The HUD funded Public Housing Agency that serves Monee is the Housing Authority of Joliet.
Rockdale 0 The HUD funded Public Housing Agency that serves Rockdale is the Housing Authority of Joliet.
New Lenox 1 The HUD funded Public Housing Agency that serves New Lenox is the Housing Authority of Joliet.
Peotone 0 The HUD funded Public Housing Agency that serves Peotone is the Housing Authority of Joliet.
Preston Heights 0 The HUD funded Public Housing Agency that serves Preston Heights is the Housing Authority of Joliet.
Symerton 0 The HUD funded Public Housing Agency that serves Symerton is the Housing Authority of Joliet.
Joliet 37 The HUD funded Public Housing Agencies that serve Joliet are the Housing Authority of Joliet and Kendall Housing Authority.
Aurora 22 The HUD funded Public Housing Agencies that serve Aurora are the Aurora Housing Authority and DuPage Housing Authority.