About This Property
Village Square Elderly III contains 16 one-bedroom units designated for low-income elderly and disabled residents in Canton, Illinois. The property has been in service since 1992 and is financed through 4% Low-Income Housing Tax Credits. All 16 units serve as affordable housing for eligible households.
Waitlist Information
Waitlist managed by Fulton County Housing Authority
The waiting list is open for families and elderly/disabled individuals, with an approximate wait time of 1 year. Apply by picking up an application at 250 S. Main St., Canton, IL, calling 309-647-4133 to have one mailed, and then submitting it by mail or hand-delivery. Preferences include local residents, working individuals, the elderly, and those with disabilities.
Preferences are given to local residents, elderly individuals, and persons with disabilities.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Fulton 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 | $649 |
| 1 Bedroom | $654 |
| 2 Bedroom | $859 |
| 3 Bedroom | $1,126 |
| 4 Bedroom | $1,332 |
Income Limits - Fulton County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Canton, IL?+
The Fair Market Rent (FMR) for Fulton County, IL is: $649 (Studio), $654 (1BR), $859 (2BR), $1126 (3BR), $1332 (4BR). Actual rent at subsidized properties like Village Square Elderly Iii is typically 30% of household income or less.
What size apartments are available at Village Square Elderly Iii?+
Village Square Elderly Iii offers the following unit types: 16 One-Bedroom units, for a total of 16 units.
What is the price range for apartments in Canton, IL?+
Based on Fair Market Rent for Fulton County, the estimated price range is: 1-bedroom: $654. Actual rent at Village Square Elderly Iii may be lower for income-eligible households.
How do I apply for housing at Village Square Elderly Iii?+
Village Square Elderly Iii 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.
Is there a waitlist for Village Square Elderly Iii?+
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.
Who is eligible to live at Village Square Elderly Iii?+
Village Square Elderly Iii primarily serves elderly residents, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Village Square Elderly Iii?+
Village Square Elderly Iii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Fulton County, IL?+
For a 4-person household in Fulton 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.
Contact Information
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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