About This Property
Virden Apts offers 16 low-income units in Virden, IL, consisting of eight 1-bedroom and eight 2-bedroom apartments. The property has served families since being placed in service in 1996. This Macoupin County community is managed to provide affordable rental housing options.
Property Details
Fair Market Rent - Macoupin 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 | $712 |
| 1 Bedroom | $717 |
| 2 Bedroom | $942 |
| 3 Bedroom | $1,235 |
| 4 Bedroom | $1,428 |
Income Limits - Macoupin County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,750
- Low (80%)
- $68,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,600 |
| 2 Persons | $17,420 | $27,600 | $44,100 |
| 3 Persons | $21,960 | $31,050 | $49,600 |
| 4 Persons | $26,500 | $34,450 | $55,100 |
| 5 Persons | $31,040 | $37,250 | $59,550 |
| 6 Persons | $35,580 | $40,000 | $63,950 |
| 7 Persons | $40,120 | $42,750 | $68,350 |
| 8 Persons | $44,660 | $45,500 | $72,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Virden, IL?+
The Fair Market Rent (FMR) for Macoupin County, IL is: $712 (Studio), $717 (1BR), $942 (2BR), $1235 (3BR), $1428 (4BR). Actual rent at subsidized properties like Virden Apts is typically 30% of household income or less.
What size apartments are available at Virden Apts?+
Virden Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
Who manages Virden Apts?+
Virden Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Virden, IL?+
Based on Fair Market Rent for Macoupin County, the estimated price range is: 1-bedroom: $717, 2-bedroom: $942. Actual rent at Virden Apts may be lower for income-eligible households.
How do I apply for housing at Virden Apts?+
Virden 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.
What are the income limits for affordable housing in Macoupin County, IL?+
For a 4-person household in Macoupin County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,450, Low Income (80% AMI): $55,100. These limits are set by HUD and updated annually.
Who is eligible to live at Virden Apts?+
Virden Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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