About This Property
Oakwood Trace Townhomes offers 50 low-income units in Champaign, Illinois, with a mix of 35 two-bedroom and 15 three-bedroom homes. The community serves families and individuals with disabilities and has been in service since 2002. The property is managed for affordable housing and welcomes qualified applicants.
Waitlist Information
Waitlist managed by Housing Authority of Champaign County
The Housing Authority of Champaign County converted its last public housing community to private ownership under the Rental Assistance Demonstration (RAD) program in 2017.
Wait-list status is available by calling 217.318.3018.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Fair Market Rent - Champaign 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 | $880 |
| 1 Bedroom | $885 |
| 2 Bedroom | $1,049 |
| 3 Bedroom | $1,372 |
| 4 Bedroom | $1,397 |
Income Limits - Champaign County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Champaign, IL?+
The Fair Market Rent (FMR) for Champaign County, IL is: $880 (Studio), $885 (1BR), $1049 (2BR), $1372 (3BR), $1397 (4BR). Actual rent at subsidized properties like Oakwood Trace Townhomes is typically 30% of household income or less.
What size apartments are available at Oakwood Trace Townhomes?+
Oakwood Trace Townhomes offers the following unit types: 35 Two-Bedroom, 15 Three-Bedroom units, for a total of 50 units.
Is there a waitlist for Oakwood Trace Townhomes?+
Public Housing waitlist is currently Closed. 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.
What are the income limits for affordable housing in Champaign County, IL?+
For a 4-person household in Champaign County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. These limits are set by HUD and updated annually.
How do I apply for housing at Oakwood Trace Townhomes?+
Oakwood Trace Townhomes 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 Champaign, IL?+
Based on Fair Market Rent for Champaign County, the estimated price range is: 2-bedroom: $1049, 3-bedroom: $1372. Actual rent at Oakwood Trace Townhomes may be lower for income-eligible households.
Who is eligible to live at Oakwood Trace Townhomes?+
Oakwood Trace Townhomes primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Oakwood Trace Townhomes?+
Oakwood Trace Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Oakwood Trace Townhomes
Town Center Apts
Champaign, IL
144 UnitsHamilton on the Park
Urbana, IL
36 UnitsGregory School Apts
Champaign, IL
7 UnitsEden Supportive Living
Champaign, IL
150 UnitsRound Barn Manor Preservation
Champaign, IL
156 UnitsCountrybrook Apts
Champaign, IL
150 Units