Affordable Housing Hub
Low Income (LIHTC)

Thompson Apts

701 Locust St, Thomson, IL, 61285

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Thompson Apts is an eight-unit affordable housing community in Thomson, Illinois that serves low-income residents. The property, which entered service in 1988, contains two-bedroom units available for eligible tenants. All eight units are designated as low-income housing.

Property Details

Total Units
8
2 Bedroom
8

Fair Market Rent - Carroll County, IL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$553
1 Bedroom$650
2 Bedroom$807
3 Bedroom$1,002
4 Bedroom$1,238

Income Limits - Carroll County, IL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,550
Very Low (50%)
$24,250
Low (80%)
$38,750
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,700
Low (80%)
$44,300
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$31,150
Low (80%)
$49,850
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$34,600
Low (80%)
$55,350
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$37,400
Low (80%)
$59,800
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$40,150
Low (80%)
$64,250
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$42,950
Low (80%)
$68,650
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$45,700
Low (80%)
$73,100

Tax Credit Program Details

Year Placed in Service
1988
Low-Income Units
8 / 8

Frequently Asked Questions

What is the average rent for affordable housing in Thomson, IL?+

The Fair Market Rent (FMR) for Carroll County, IL is: $553 (Studio), $650 (1BR), $807 (2BR), $1002 (3BR), $1238 (4BR). Actual rent at subsidized properties like Thompson Apts is typically 30% of household income or less.

What size apartments are available at Thompson Apts?+

Thompson Apts offers the following unit types: 8 Two-Bedroom units, for a total of 8 units.

What is the price range for apartments in Thomson, IL?+

Based on Fair Market Rent for Carroll County, the estimated price range is: 2-bedroom: $807. Actual rent at Thompson Apts may be lower for income-eligible households.

How do I apply for housing at Thompson Apts?+

Thompson Apts 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.

Who manages Thompson Apts?+

Thompson Apts is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Carroll County, IL?+

For a 4-person household in Carroll County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,600, Low Income (80% AMI): $55,350. These limits are set by HUD and updated annually.

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Walk Score

Car-Dependent

25
Walk
38
Bike

Location

Carroll County, IL

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