About This Property
Riverwest Rental & Lease to Purchase consists of 3 units in Peoria, IL and operates as a public housing development. The property includes 2 accessible units designed to accommodate residents with mobility needs. Residents have the option to rent or participate in a lease-to-purchase program.
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
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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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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 Riverwest Rental & Lease to Purchase is typically 30% of household income or less.
How many units does Riverwest Rental & Lease to Purchase have?+
Riverwest Rental & Lease to Purchase has a total of 3 housing units.
Is there a waitlist for Riverwest Rental & Lease to Purchase?+
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.
What is the HUD inspection score for Riverwest Rental & Lease to Purchase?+
Riverwest Rental & Lease to Purchase has a HUD inspection score of 80 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Riverwest Rental & Lease to Purchase?+
Riverwest Rental & Lease to Purchase is a Public Housing property. To apply, you can start by calling 3096768736, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
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
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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