About This Property
Peoria Portfolio I-IV comprises 478 low-income rental units across Peoria County. The property offers 427 one-bedroom and 51 two-bedroom units designed to serve households with limited incomes.
Waitlist Information
Waitlist managed by Peoria Housing Authority
The general Public Housing waiting list last accepted applications from July 2021 until October 2, 2023. When open, applications could be picked up at the PHA Administrative Office or requested by mail via telephone. Eligibility includes meeting income limits, having a physical address, and the head of household being at least 18 or an emancipated minor. A working preference is given for six months of continuous employment.
The PHA 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. Applications can be picked up at the PHA Administrative Office or requested by mail via telephone (309) 676-8736 ext. 14079. HCV application office hours are Tuesday: 2pm - 4:30pm and Thursday: 9am - 12pm. Local preferences include residency in Peoria County for 12 months, 6 months of continuous employment, documented disability for head of household, and full-time student status. Selection is determined by the date and time received, subject to claimed preferences.
Waitlist data provided by section8waitlist.org
Updated June 1, 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 |
Advertisement
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 Peoria Portfolio I - Iv is typically 30% of household income or less.
What size apartments are available at Peoria Portfolio I - Iv?+
Peoria Portfolio I - Iv offers the following unit types: 427 One-Bedroom, 51 Two-Bedroom units, for a total of 478 units.
Is there a waitlist for Peoria Portfolio I - Iv?+
Public Housing waitlist is currently Closed. 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 Peoria Portfolio I - Iv?+
Peoria Portfolio I - Iv is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Peoria Portfolio I - Iv?+
Peoria Portfolio I - Iv 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.
What is the price range for apartments in Peoria, IL?+
Based on Fair Market Rent for Peoria County, the estimated price range is: 1-bedroom: $756, 2-bedroom: $965. Actual rent at Peoria Portfolio I - Iv may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Peoria Portfolio I - Iv
Okpara Homes
Peoria, IL
80 UnitsRiver West South
Peoria, IL
26 Units
Peoria Housing Authority
Peoria, IL
2708 Units
Riverwest Rental & Lease to Purchase
Peoria, IL
3 UnitsRiver West
Peoria, IL
200 UnitsUrban Housing
Peoria, IL
12 Units