About This Property
Gibson City Apts offers 16 low-income units in Gibson City, Illinois, with a mix of eight one-bedroom and eight two-bedroom apartments. The property has been in service since 1988 and is located in Ford County. Interested parties may contact the property management for additional information.
Waitlist Information
Waitlist managed by Housing Authority of the County of Ford
The waiting list is open for families and elderly/disabled individuals for 1, 2, and 3-bedroom units. Eligibility is based on income, age or disability, and US citizenship or eligible immigration status, with preferences possibly for veterans, elderly, disabled, working families, or local residents.
The HCV waiting list is currently accepting pre-applications; eligibility requires household income to be below HUD's income limits. Preferences may include veterans, elderly, disabled, working families, or local residents.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Ford 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 | $553 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,071 |
| 4 Bedroom | $1,075 |
Income Limits - Ford 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 Gibson City, IL?+
The Fair Market Rent (FMR) for Ford County, IL is: $553 (Studio), $614 (1BR), $807 (2BR), $1071 (3BR), $1075 (4BR). Actual rent at subsidized properties like Gibson City Apts is typically 30% of household income or less.
What size apartments are available at Gibson City Apts?+
Gibson City Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
Is there a waitlist for Gibson City Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Gibson City Apts?+
Gibson City 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.
What is the price range for apartments in Gibson City, IL?+
Based on Fair Market Rent for Ford County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807. Actual rent at Gibson City Apts may be lower for income-eligible households.
Who manages Gibson City Apts?+
Gibson City Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Ford County, IL?+
For a 4-person household in Ford 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
