About This Property
Highland Square is a 16-unit affordable housing community in Belvidere, IL offering low-income housing options. The property features eight 1-bedroom and eight 2-bedroom units and has been in service since 1989. Interested parties can contact the property management for more information about availability and lease terms.
Waitlist Information
Waitlist managed by Housing Authority of the County of Boone
The Housing Authority operates 293 units of public housing. Contact the Housing Authority directly to confirm the application process.
Preferences include families terminated from HCV due to insufficient funding within 5 years, Boone County residents for 90 days, veterans or surviving spouses, and working families (20+ hours/week, or age 62+, or HUD/Social Security disability definition). The application process involves a random lottery. Only one application per household is allowed.
Waitlist data provided by section8waitlist.org
Updated August 18, 2026
Property Details
Fair Market Rent - Boone County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $699 |
| 1 Bedroom | $785 |
| 2 Bedroom | $1,031 |
| 3 Bedroom | $1,380 |
| 4 Bedroom | $1,423 |
Income Limits - Boone County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belvidere, IL?+
The Fair Market Rent (FMR) for Boone County, IL is: $699 (Studio), $785 (1BR), $1031 (2BR), $1380 (3BR), $1423 (4BR). Actual rent at subsidized properties like Highland Square is typically 30% of household income or less.
What size apartments are available at Highland Square?+
Highland Square offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
How do I apply for housing at Highland Square?+
Highland Square is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Belvidere, IL?+
Based on Fair Market Rent for Boone County, the estimated price range is: 1-bedroom: $785, 2-bedroom: $1031. Actual rent at Highland Square may be lower for income-eligible households.
What are the income limits for affordable housing in Boone County, IL?+
For a 4-person household in Boone County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who manages Highland Square?+
Highland Square is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Highland Square?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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