About This Property
Elgin Artspace Lofts offers 55 low-income residential units in Elgin, IL. The property, which opened in 2012, includes 6 studio apartments, 27 one-bedroom units, 16 two-bedroom units, and 6 three-bedroom units.
Waitlist Information
Waitlist managed by Housing Authority of Elgin
The Affordable Housing Program, which has converted Public Housing, has a closed waitlist. Specific contact information is provided for different property groups.
The Housing Choice Voucher waitlist is currently closed. The website also mentions "WAITING LIST OPEN: HCV (SECTION 8) February 15, 2024" and "Fox River & Rivers Edge Townhomes Reopening Waitlist March 19, 2024" which indicates past openings.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elgin, 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 Elgin Artspace Lofts is typically 30% of household income or less.
What size apartments are available at Elgin Artspace Lofts?+
Elgin Artspace Lofts offers the following unit types: 6 Studio, 27 One-Bedroom, 16 Two-Bedroom, 6 Three-Bedroom units, for a total of 55 units.
Is there a waitlist for Elgin Artspace Lofts?+
Public Housing waitlist is currently Closed. 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.
How do I apply for housing at Elgin Artspace Lofts?+
Elgin Artspace Lofts 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 Elgin Artspace Lofts?+
Elgin Artspace Lofts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Elgin, IL?+
Based on Fair Market Rent for Kane County, the estimated price range is: 1-bedroom: $1507, 2-bedroom: $1714, 3-bedroom: $2182. Actual rent at Elgin Artspace Lofts may be lower for income-eligible households.
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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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