About This Property
Lake Village Apts offers 50 units in Kewanee, IL, with 39 designated as low-income housing. The property includes a mix of 20 two-bedroom and 30 three-bedroom apartments serving families and individuals with disabilities. The community has been in service since 2001.
Waitlist Information
Waitlist managed by The Housing Authority of Henry County
Waiting lists are open until further notice for Family and Elderly/Disabled Developments. Eligibility requires applicants to be 18+ for family developments, or 35+, 50+, 55+ or disabled for elderly/disabled developments and specific studio/1-bedroom units.
The Housing Choice Voucher (Section 8) waiting list is now OPEN. Applicants must keep contact information updated. Preference points are used to prioritize service.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
Property Details
Fair Market Rent - Henry 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 | $646 |
| 1 Bedroom | $773 |
| 2 Bedroom | $953 |
| 3 Bedroom | $1,247 |
| 4 Bedroom | $1,437 |
Income Limits - Henry County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kewanee, IL?+
The Fair Market Rent (FMR) for Henry County, IL is: $646 (Studio), $773 (1BR), $953 (2BR), $1247 (3BR), $1437 (4BR). Actual rent at subsidized properties like Lake Village Apts is typically 30% of household income or less.
What size apartments are available at Lake Village Apts?+
Lake Village Apts offers the following unit types: 20 Two-Bedroom, 30 Three-Bedroom units, for a total of 50 units.
Who is eligible to live at Lake Village Apts?+
Lake Village Apts 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 Lake Village Apts?+
Lake Village Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Henry County, IL?+
For a 4-person household in Henry County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
What is the price range for apartments in Kewanee, IL?+
Based on Fair Market Rent for Henry County, the estimated price range is: 2-bedroom: $953, 3-bedroom: $1247. Actual rent at Lake Village Apts may be lower for income-eligible households.
How do I apply for housing at Lake Village Apts?+
Lake Village 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.
Is there a waitlist for Lake Village 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Lake Village Apts
Scattered Sites
Kewanee, IL
74 Units
Scattered Sites
Galva, IL
51 Units
Fairview Apartments
Kewanee, IL
2 UnitsParkside Apts Kewanee
Kewanee, IL
41 UnitsParkside Apts (Kewanee)
Kewanee, IL
41 UnitsKnox Apts
Kewanee, IL
11 Units