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

Discover affordable housing in Worden where there are 2+ 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.

Worden Park Apartments

344 Scheider St, Worden, Illinois 62097

bed 1-2

213 McKinley St

213 McKinley St, Worden, Illinois 62097

bed 4
payment $1750/mo.

How To Identify Affordable Housing in Worden, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Worden, Illinois
$8.90 (+64%) more than Illinois minimum wage and $15.65 (+216%) more than the Federal minimum wage.
Learn More About Worden, Illinois Affordable Housing ↓

What HUD offices serve Worden, 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, Family Self-Sufficiency programs for Worden, Illinois.

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

How many renters live in Worden, Illinois?

The City of Worden has 875 people living in 394 households.

There are 70 renters living in 37 renter households in this City. Renters make up 8 percent of the population living in Worden.

What is the rental market like in Worden, Illinois?

There are an estimated 464 housing units in the Worden area. Of these, 37 units are rental homes, making up 8 percent of the housing market. For every renter household in Worden, Illinois, there are 1 rental units.

What is the vacancy rate for rentals in Worden?

The rental vacancy rate in Worden is 0 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 Worden for each bedroom size?

Occupied Rental Units by Size in Worden
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 24 9 0
Occupied Rental Units by Size in Worden

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

Among renter households in this market, 38 percent have housing cost burden. Further, 19 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 Worden

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $928
One BR $972
Two BR $1,209
Three BR $1,565
Four BR $1,818
2024 Fair Market Rents in Worden, Illinois

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

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
Two BR 23 96 percent
Rental Units Below FMR in Worden, Illinois

How many affordable rental units are in Worden?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Worden, Illinois

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

Income Based Apartments in Worden, Illinois

Worden features 16 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 Worden, Illinois

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

Housing Choice Vouchers in Worden, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Worden, Illinois for a two-bedroom apartment is between $1,088 and $1,330.

Sourced from federal housing data and AffordableHousingOnline.com research.