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Virden Apartments
Brickstone Shipman Apartments
Carlinville Heights Apartments
Royal Lakes Senior Apartments
West Side 1
Heritage Apartments
Brickstone Apartments
Westview Apartments
There are 147 low-income apartments in Macoupin County that offer reduced rents to eligible households. Low-income rents in Macoupin County, Illinois can range from $670 to $788 depending on the number of bedrooms.
Rental assistance programs support 471 low-income homes in Macoupin County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $429 towards rent each month.
Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Macoupin County, 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 |
|---|---|
| Macoupin County Housing Authority | Public Housing |
| Menard County Housing Authority | Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV) |
Macoupin County, Illinois Affordable Housing Data
Income Based Apartments in Macoupin County, Illinois
Macoupin County features 471 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 Macoupin County, Illinois
There are 147 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Macoupin County.
Housing Choice Vouchers in Macoupin County, Illinois
On average, Section 8 Housing Choice vouchers pay Macoupin County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Macoupin County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Macoupin County, Illinois for a two-bedroom apartment is between $848 and $1,036.
2024 Macoupin County, 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 | |
|---|---|---|---|---|---|
| Macoupin County, Illinois Fair Market Rent | $712 | $717 | $942 | $1,235 | $1,428 |
| Macoupin County, Illinois Payment Standard Range | $641 to $783 | $645 to $789 | $848 to $1,036 | $1,112 to $1,359 | $1,285 to $1,571 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Macoupin County, IL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 35 |
|---|---|
| Total Low Income Apartments | 648 |
| Total Housing Units with Rental Assistance | 471 |
| Percentage of Housing Units Occupied By Renters | 22.43% |
| Average Renter Household Size | 2.13 |
| Average Household Size | 2.42 |
| Median Household Income | $51,206 ±$2,031 |
| Median Rent | $618 ±$22 |
| Percentage Of Renters Overburdened | 44.11% ± 5.5pp |
| Total Population | 46,844 |
Population and Household Demographics
Macoupin County is a county in Illinois with a population of 46,844. There are 18,982 households in the county with an average household size of 2.42 persons. 22.43% of households in Macoupin County are renters.
Income and Rent Overburden in Macoupin County
The median gross income for households in Macoupin County is $51,206 a year, or $4,267 a month. The median rent for the county is $618 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Macoupin County, a household making less than $2,060 a month would be considered overburdened when renting an apartment at or above the median rent. 44.11% of households who rent are overburdened in Macoupin County.
Area Median Income In Macoupin 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 Macoupin County, HUD calculates the Area Median Income for a family of four as $79,100
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 Macoupin 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 HUD Rental Assistance in Macoupin County
| 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 Macoupin County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$16,950 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Macoupin County AMI may qualify for rental assistance programs that target Very Low Income households. |
$28,250 | $32,250 | $36,300 | $40,300 | $43,550 | $46,750 | $50,000 | $53,200 |
| 80% AMI Income Limits Renters earning up to 80% of the Macoupin County AMI may qualify for rental assistance programs that target Low Income households. |
$45,150 | $51,600 | $58,050 | $64,500 | $69,700 | $74,850 | $80,000 | $85,150 |
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