About This Property
Peer's Properties offers 8 low-income units in Peoria, Illinois, with a mix of three 3-bedroom and five 4-bedroom apartments. The property has been in service since 1991 and is managed to provide affordable housing options for eligible residents in Peoria County.
Waitlist Information
Waitlist managed by Peoria Housing Authority
The waitlist for Sterling Towers, a specific public housing property, is currently open. Applications can be obtained by picking one up at the PHA Administrative Office or by requesting one be mailed via telephone (309-676-8736 ext. 14079). Public Housing preferences include local residency, veterans, working/employed, job training or higher education, and disabled.
The Peoria Housing Authority is currently accepting applications for Veterans Affairs Supportive Housing (VASH), Non-Elderly Disabled (NED), Project Based Voucher (PBV)/Rental Assistance Demonstration (RAD), Foster Youth to Independence (FYI), and Mainstream Vouchers. Preferences include 12 months Peoria County residency, 6 consecutive months employment, documented disability for Head of Household, or full-time student. Selection is determined by date and time received, subject to preferences.
Waitlist data provided by section8waitlist.org
Updated September 9, 2026
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Peoria, 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 Peer'S Properties is typically 30% of household income or less.
What size apartments are available at Peer'S Properties?+
Peer'S Properties offers the following unit types: 3 Three-Bedroom, 5 Four-Bedroom units, for a total of 8 units.
What is the price range for apartments in Peoria, IL?+
Based on Fair Market Rent for Peoria County, the estimated price range is: 3-bedroom: $1258. Actual rent at Peer'S Properties may be lower for income-eligible households.
Is there a waitlist for Peer'S Properties?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Peer'S Properties?+
Peer'S Properties is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Peer'S Properties?+
Peer'S Properties 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 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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