Apply to Moultrie County Apartment Waiting Lists
Branch Creek Square Apartments
Jefferson Square Apartments
Jefferson Village Bethany
Bethany Housing Bethany
Prairie Gardens Sullivan
- «
- 1
- »
There are 56 low-income apartments in Moultrie County that offer reduced rents to eligible households.
Rental assistance programs support 75 low-income homes in Moultrie County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.
Affordable rent data for some communities last confirmed on May 31st, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Moultrie 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 |
|---|---|
| Menard County Housing Authority | Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV) |
Moultrie County, Illinois Affordable Housing Data
Income Based Apartments in Moultrie County, Illinois
Moultrie County features 75 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 Moultrie County, Illinois
There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moultrie County.
Housing Choice Vouchers in Moultrie County, Illinois
On average, Section 8 Housing Choice vouchers pay Moultrie County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Moultrie County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Moultrie County, Illinois for a two-bedroom apartment is between $726 and $888.
2024 Moultrie 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 | |
|---|---|---|---|---|---|
| Moultrie County, Illinois Fair Market Rent | $553 | $616 | $807 | $1,137 | $1,276 |
| Moultrie County, Illinois Payment Standard Range | $498 to $608 | $554 to $678 | $726 to $888 | $1,023 to $1,251 | $1,148 to $1,404 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Moultrie County, IL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 7 |
|---|---|
| Total Low Income Apartments | 131 |
| Total Housing Units with Rental Assistance | 75 |
| Percentage of Housing Units Occupied By Renters | 23.81% |
| Average Renter Household Size | 2.30 |
| Average Household Size | 2.51 |
| Median Household Income | $49,681 ±$4,409 |
| Median Rent | $622 ±$60 |
| Percentage Of Renters Overburdened | 32.15% ± 7.98pp |
| Total Population | 14,927 |
Population and Household Demographics
Moultrie County is a county in Illinois with a population of 14,927. There are 5,799 households in the county with an average household size of 2.51 persons. 23.81% of households in Moultrie County are renters.
Income and Rent Overburden in Moultrie County
The median gross income for households in Moultrie County is $49,681 a year, or $4,140 a month. The median rent for the county is $622 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moultrie County, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 32.15% of households who rent are overburdened in Moultrie County.
Area Median Income In Moultrie 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 Moultrie County, HUD calculates the Area Median Income for a family of four as $94,400
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 Moultrie 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 Moultrie 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 Moultrie County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,650 | $20,200 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Moultrie County AMI may qualify for rental assistance programs that target Very Low Income households. |
$29,400 | $33,600 | $37,800 | $42,000 | $45,400 | $48,750 | $52,100 | $55,450 |
| 80% AMI Income Limits Renters earning up to 80% of the Moultrie County AMI may qualify for rental assistance programs that target Low Income households. |
$47,050 | $53,800 | $60,500 | $67,200 | $72,600 | $78,000 | $83,350 | $88,750 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.