Affordable Housing Hub
Low Income (LIHTC)

Heritage Woods of Charleston

480 W Polk Ave, Charleston, IL, 61920

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

Default photo for Heritage Woods of Charleston
Example Photo
Share

About This Property

Heritage Woods of Charleston offers 68 affordable rental units in Charleston, Illinois, comprising 28 studios and 40 one-bedroom apartments. The property includes 48 units designated for low-income residents and has been in service since 2011. Prospective tenants can contact the property management office for availability and application information.

Property Details

Total Units
68
Studio
28
1 Bedroom
40

Fair Market Rent - Coles County, IL

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

BedroomsFMR
Studio/Efficiency$575
1 Bedroom$645
2 Bedroom$848
3 Bedroom$1,123
4 Bedroom$1,133

Income Limits - Coles County, IL

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

1 Person
Extremely Low (30%)
$14,250
Very Low (50%)
$23,800
Low (80%)
$38,050
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,200
Low (80%)
$43,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,600
Low (80%)
$48,900
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$33,950
Low (80%)
$54,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$36,700
Low (80%)
$58,650
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$39,400
Low (80%)
$63,000
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$42,100
Low (80%)
$67,350
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$44,850
Low (80%)
$71,700

Tax Credit Program Details

Year Placed in Service
2011
Low-Income Units
48 / 68
Funding Programs
TCEP

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Coles County, IL is: $575 (Studio), $645 (1BR), $848 (2BR), $1123 (3BR), $1133 (4BR). Actual rent at subsidized properties like Heritage Woods of Charleston is typically 30% of household income or less.

What size apartments are available at Heritage Woods of Charleston?+

Heritage Woods of Charleston offers the following unit types: 28 Studio, 40 One-Bedroom units, for a total of 68 units.

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

For a 4-person household in Coles County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.

How do I apply for housing at Heritage Woods of Charleston?+

Heritage Woods of Charleston 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 Charleston, IL?+

Based on Fair Market Rent for Coles County, the estimated price range is: 1-bedroom: $645. Actual rent at Heritage Woods of Charleston may be lower for income-eligible households.

Who manages Heritage Woods of Charleston?+

Heritage Woods of Charleston is managed by . You can reach them at . Visit their website for more information.

Begin Application Now

Walk Score

Somewhat Walkable

59
Walk
44
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Coles County, IL

View on Google Maps

More Affordable Housing Near Heritage Woods of Charleston

Housing Resources in Charleston, IL

HUD-Approved Counseling Agencies

ERBA COLES COUNTY OUTREACH OFFICE

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops