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

Discover affordable housing in Wyoming where there are 3+ 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.

Wyoming Apartments

207-305 W Grove St, Wyoming, Illinois 61491

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

114 W Thomas St Unit 6

114 W Thomas St Unit 6, Wyoming, Illinois 61491

bed 1
payment $500/mo.

Pin Oak Apartments

116 W Thomas St, Wyoming, Illinois 61491

How To Identify Affordable Housing in Wyoming, 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.
calendar_today Opened: Sep 18
Open Until Further Notice
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calendar_month

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wyoming, 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 Wyoming, Illinois Affordable Housing ↓

What HUD offices serve Wyoming, 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 programs for Wyoming, Illinois.

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

How many renters live in Wyoming, Illinois?

The City of Wyoming has people living in households.

There are renters living in renter households in this City. Renters make up 22.17 percent of the population living in Wyoming.

What is the rental market like in Wyoming, Illinois?

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

What is the vacancy rate for rentals in Wyoming?

The rental vacancy rate in Wyoming 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 Wyoming for each bedroom size?

Occupied Rental Units by Size in Wyoming
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 67 73 49 5
Occupied Rental Units by Size in Wyoming

A large number of apartments in Wyoming 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 Wyoming

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 Wyoming, Illinois

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

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
One BR 60 90 percent
Two BR 57 78 percent
Rental Units Below FMR in Wyoming, Illinois

How many affordable rental units are in Wyoming?

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

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

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

Income Based Apartments in Wyoming, Illinois

Wyoming features 28 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 Wyoming, Illinois

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

Housing Choice Vouchers in Wyoming, Illinois

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wyoming, 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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