Low Income Apartments For Rent in Bradley, IL

Rental assistance programs support 0 low-income homes in Bradley where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $454 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Bradley, 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
Kankakee County Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Bradley, Illinois Affordable Housing Data

Income Based Apartments in Bradley, Illinois

Bradley features 0 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 Bradley, Illinois

There are 154 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bradley.

Housing Choice Vouchers in Bradley, Illinois

On average, Section 8 Housing Choice vouchers pay Bradley landlords $500 per month towards rent. The average voucher holder contributes $500 towards rent in Bradley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bradley, Illinois for a two-bedroom apartment is between $1,048 and $1,280.

2024 Bradley, 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
Bradley, Illinois Fair Market Rent	$789	$886	$1,164	$1,569	$1,619
Bradley, Illinois Payment Standard Range	$710 to $868	$797 to $975	$1,048 to $1,280	$1,412 to $1,726	$1,457 to $1,781

Sourced from federal housing data and AffordableHousingOnline.com research.

Bradley, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 3

Total Low Income Apartments 154

Total Housing Units with Rental Assistance 0

Percentage of Housing Units Occupied By Renters 34.73%

Average Renter Household Size 2.43

Average Household Size 2.58

Median Household Income $58,901 ±$4,824

Median Rent $903 ±$58

Percentage Of Renters Overburdened 31.6% ± 7.92pp

Total Population 15,763

Total Affordable Apartment Properties	3
Total Low Income Apartments	154
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	34.73%
Average Renter Household Size	2.43
Average Household Size	2.58
Median Household Income	$58,901 ±$4,824
Median Rent	$903 ±$58
Percentage Of Renters Overburdened	31.6% ± 7.92pp
Total Population	15,763

Population and Household Demographics

Bradley is a city in Kankakee County, Illinois with a population of 15,763. There are 6,049 households in the city with an average household size of 2.58 persons. 34.73% of households in Bradley are renters.

Income and Rent Overburden in Bradley

The median gross income for households in Bradley is $58,901 a year, or $4,908 a month. The median rent for the city is $903 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bradley, a household making less than $3,010 a month would be considered overburdened when renting an apartment at or above the median rent. 31.6% of households who rent are overburdened in Bradley.

Area Median Income In Bradley

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 Bradley, the AMI is calculated from all households within Kankakee County.

In Bradley, HUD calculates the Area Median Income for a family of four as $79,700

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 Bradley

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 Bradley

	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 Bradley AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,300	$19,800	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Bradley AMI may qualify for rental assistance programs that target Very Low Income households.	$28,850	$32,950	$37,050	$41,150	$44,450	$47,750	$51,050	$54,350
80% AMI Income Limits Renters earning up to 80% of the Bradley AMI may qualify for rental assistance programs that target Low Income households.	$46,100	$52,700	$59,300	$65,850	$71,150	$76,400	$81,700	$86,950