About This Property
Lakeview Senior Apts offers 36 low-income units in Watseka, Illinois, comprising 18 one-bedroom and 18 two-bedroom apartments. The property has been in service since 2000 and serves disabled residents. Contact information is available through the property management office.
Property Details
Fair Market Rent - Iroquois 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 | $605 |
| 1 Bedroom | $619 |
| 2 Bedroom | $813 |
| 3 Bedroom | $1,025 |
| 4 Bedroom | $1,112 |
Income Limits - Iroquois County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,350
- Very Low (50%)
- $23,900
- Low (80%)
- $38,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,300
- Low (80%)
- $43,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,100
- Low (80%)
- $54,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,050
- Low (80%)
- $72,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,350 | $23,900 | $38,200 |
| 2 Persons | $17,420 | $27,300 | $43,650 |
| 3 Persons | $21,960 | $30,700 | $49,100 |
| 4 Persons | $26,500 | $34,100 | $54,550 |
| 5 Persons | $31,040 | $36,850 | $58,950 |
| 6 Persons | $35,580 | $39,600 | $63,300 |
| 7 Persons | $40,120 | $42,300 | $67,650 |
| 8 Persons | $44,660 | $45,050 | $72,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Watseka, IL?+
The Fair Market Rent (FMR) for Iroquois County, IL is: $605 (Studio), $619 (1BR), $813 (2BR), $1025 (3BR), $1112 (4BR). Actual rent at subsidized properties like Lakeview Senior Apts is typically 30% of household income or less.
What size apartments are available at Lakeview Senior Apts?+
Lakeview Senior Apts offers the following unit types: 18 One-Bedroom, 18 Two-Bedroom units, for a total of 36 units.
Who is eligible to live at Lakeview Senior Apts?+
Lakeview Senior Apts primarily serves persons with disabilities. 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 Lakeview Senior Apts?+
Lakeview Senior 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.
Who manages Lakeview Senior Apts?+
Lakeview Senior Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Iroquois County, IL?+
For a 4-person household in Iroquois County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,100, Low Income (80% AMI): $54,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Watseka, IL?+
Based on Fair Market Rent for Iroquois County, the estimated price range is: 1-bedroom: $619, 2-bedroom: $813. Actual rent at Lakeview Senior Apts 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.