About This Property
Silver Oaks At Waterford offers 96 one-bedroom units in Aurora, Illinois, serving elderly and disabled residents with low-income housing. The property has been in service since 2000 and provides affordable housing options for qualified households in Kane County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Aurora
Senior Housing Waitlist still Open for Fletcher Gardens. Pre-application lottery opportunity for individuals 62 years or older. Will remain open until 200 applications are reached.
Announcements for waitlist openings are found at the resources link, in the Aurora Sentinel newspaper, or by signing up for email notifications on the homepage.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Kane 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 | $1,399 |
| 1 Bedroom | $1,507 |
| 2 Bedroom | $1,714 |
| 3 Bedroom | $2,182 |
| 4 Bedroom | $2,583 |
Income Limits - Kane County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,400
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $67,100
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $46,600
- Low (80%)
- $74,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $50,350
- Low (80%)
- $80,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,100
- Low (80%)
- $86,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $57,800
- Low (80%)
- $92,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $61,550
- Low (80%)
- $98,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,600 | $32,650 | $52,200 |
| 2 Persons | $22,400 | $37,300 | $59,650 |
| 3 Persons | $25,200 | $41,950 | $67,100 |
| 4 Persons | $27,950 | $46,600 | $74,550 |
| 5 Persons | $31,040 | $50,350 | $80,550 |
| 6 Persons | $35,580 | $54,100 | $86,500 |
| 7 Persons | $40,120 | $57,800 | $92,450 |
| 8 Persons | $44,660 | $61,550 | $98,450 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Aurora, IL?+
The Fair Market Rent (FMR) for Kane County, IL is: $1399 (Studio), $1507 (1BR), $1714 (2BR), $2182 (3BR), $2583 (4BR). Actual rent at subsidized properties like Silver Oaks At Waterford is typically 30% of household income or less.
What size apartments are available at Silver Oaks At Waterford?+
Silver Oaks At Waterford offers the following unit types: 96 One-Bedroom units, for a total of 96 units.
What are the income limits for affordable housing in Kane County, IL?+
For a 4-person household in Kane County, IL, the income limits are: Extremely Low Income (30% AMI): $27,950, Very Low Income (50% AMI): $46,600, Low Income (80% AMI): $74,550. These limits are set by HUD and updated annually.
What is the HUD inspection score for Silver Oaks At Waterford?+
Silver Oaks At Waterford has a HUD inspection score of 86 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Silver Oaks At Waterford?+
Silver Oaks At Waterford is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Silver Oaks At Waterford?+
Silver Oaks At Waterford 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.
What is the price range for apartments in Aurora, IL?+
Based on Fair Market Rent for Kane County, the estimated price range is: 1-bedroom: $1507. Actual rent at Silver Oaks At Waterford may be lower for income-eligible households.
How do I apply for housing at Silver Oaks At Waterford?+
Silver Oaks At Waterford 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 Silver Oaks At Waterford?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Silver Oaks At Waterford
Jericho Circle
Aurora, IL
4 UnitsAlden Horizon Sen Living Comm/Waterford
Aurora, IL
98 UnitsForest Ridge Apts
Aurora, IL
90 UnitsMontgomery Farms Senior Apts
Montgomery, IL
122 UnitsCoulter Court Residences
Aurora, IL
38 UnitsAlden Horizon Sen Living Comm Waterford
Aurora, IL
98 Units