About This Property
Prairie Green Apts Phase III comprises 48 low-income rental units in Urbana, Illinois, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1996 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. The community includes 16 one-bedroom units, 24 two-bedroom units, and 8 three-bedroom units.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Urbana, 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 Prairie Green Apts Phase Iii is typically 30% of household income or less.
What size apartments are available at Prairie Green Apts Phase Iii?+
Prairie Green Apts Phase Iii offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
Who manages Prairie Green Apts Phase Iii?+
Prairie Green Apts Phase Iii is managed by . You can reach them at .
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.
Who is eligible to live at Prairie Green Apts Phase Iii?+
Prairie Green Apts Phase Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Prairie Green Apts Phase Iii?+
Prairie Green Apts Phase Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Urbana, IL?+
Based on Fair Market Rent for Champaign County, the estimated price range is: 1-bedroom: $885, 2-bedroom: $1049, 3-bedroom: $1372. Actual rent at Prairie Green Apts Phase Iii may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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