; Low Income Apartments For Rent in Auburn, IL

Apply to Auburn Apartment Waiting Lists

Village Apartments of Auburn

501 E Madison St
Auburn, Illinois
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Auburn that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Auburn where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $301 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Auburn, 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.

Housing Authority Programs
Springfield Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher
Go to the Illinois Public Housing and Low-Income Apartments Waiting Lists page for openings near Auburn.

Auburn, Illinois Affordable Housing Data

Income Based Apartments in Auburn, Illinois

Auburn features 24 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 Auburn, Illinois

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

Housing Choice Vouchers in Auburn, Illinois

On average, Section 8 Housing Choice vouchers pay Auburn landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Auburn.

The maximum amount a voucher would pay on behalf of a low-income tenant in Auburn, Illinois for a two-bedroom apartment is between $963 and $1,177.

2024 Auburn, Illinois Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Auburn, Illinois Fair Market Rent $725 $873 $1,070 $1,421 $1,459
Auburn, Illinois Payment Standard Range $653 to $798 $786 to $960 $963 to $1,177 $1,279 to $1,563 $1,313 to $1,605

Sourced from federal housing data and AffordableHousingOnline.com research.

Auburn, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters 17.98%
Average Renter Household Size 2.29
Average Household Size 2.75
Median Household Income $63,448 ±$8,134
Median Rent $655 ±$98
Percentage Of Renters Overburdened 20.38% ± 15.18pp
Total Population 4,870

Population and Household Demographics

Auburn is a city in Sangamon County, Illinois with a population of 4,870. There are 1,746 households in the city with an average household size of 2.75 persons. 17.98% of households in Auburn are renters.

Income and Rent Overburden in Auburn

The median gross income for households in Auburn is $63,448 a year, or $5,287 a month. The median rent for the city is $655 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Auburn, a household making less than $2,183 a month would be considered overburdened when renting an apartment at or above the median rent. 20.38% of households who rent are overburdened in Auburn.

Area Median Income In Auburn

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Auburn, the AMI is calculated from all households within Sangamon County.

In Auburn, HUD calculates the Area Median Income for a family of four as $99,300

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 Auburn

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 HUD Rental Assistance in Auburn

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Auburn AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,900 $23,850 $26,850 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Auburn AMI may qualify for rental assistance programs that target Very Low Income households.
$34,800 $39,750 $44,700 $49,650 $53,650 $57,600 $61,600 $65,550
80% AMI Income Limits
Renters earning up to 80% of the Auburn AMI may qualify for rental assistance programs that target Low Income households.
$55,650 $63,600 $71,550 $79,450 $85,850 $92,200 $98,550 $104,900