About This Property
Village Apts of Chillicothe offers 12 one-bedroom units designated for low-income households in Chillicothe, Illinois. The property has been in service since 1991 and participates in the 4% Low-Income Housing Tax Credit program. All 12 units serve residents with low incomes.
Property Details
Fair Market Rent - Peoria 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 | $683 |
| 1 Bedroom | $756 |
| 2 Bedroom | $965 |
| 3 Bedroom | $1,258 |
| 4 Bedroom | $1,293 |
Income Limits - Peoria 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chillicothe, IL?+
The Fair Market Rent (FMR) for Peoria County, IL is: $683 (Studio), $756 (1BR), $965 (2BR), $1258 (3BR), $1293 (4BR). Actual rent at subsidized properties like Village Apts of Chillicothe is typically 30% of household income or less.
What size apartments are available at Village Apts of Chillicothe?+
Village Apts of Chillicothe offers the following unit types: 12 One-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Peoria County, IL?+
For a 4-person household in Peoria 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 Chillicothe, IL?+
Based on Fair Market Rent for Peoria County, the estimated price range is: 1-bedroom: $756. Actual rent at Village Apts of Chillicothe may be lower for income-eligible households.
Who manages Village Apts of Chillicothe?+
Village Apts of Chillicothe is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Village Apts of Chillicothe?+
Village Apts of Chillicothe 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.