About This Property
Red Bud Apts II comprises 20 low-income units in Red Bud, Illinois, with an 11 one-bedroom and nine two-bedroom floor plan mix. The property has been in service since 1988 and is located in Randolph County.
Property Details
Fair Market Rent - Randolph 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 | $547 |
| 1 Bedroom | $614 |
| 2 Bedroom | $807 |
| 3 Bedroom | $1,040 |
| 4 Bedroom | $1,285 |
Income Limits - Randolph County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,350
- Low (80%)
- $69,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,150 |
| 2 Persons | $17,420 | $28,000 | $44,750 |
| 3 Persons | $21,960 | $31,500 | $50,350 |
| 4 Persons | $26,500 | $34,950 | $55,900 |
| 5 Persons | $31,040 | $37,750 | $60,400 |
| 6 Persons | $35,580 | $40,550 | $64,850 |
| 7 Persons | $40,120 | $43,350 | $69,350 |
| 8 Persons | $44,660 | $46,150 | $73,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Red Bud, IL?+
The Fair Market Rent (FMR) for Randolph County, IL is: $547 (Studio), $614 (1BR), $807 (2BR), $1040 (3BR), $1285 (4BR). Actual rent at subsidized properties like Red Bud Apts Ii is typically 30% of household income or less.
What size apartments are available at Red Bud Apts Ii?+
Red Bud Apts Ii offers the following unit types: 11 One-Bedroom, 9 Two-Bedroom units, for a total of 20 units.
Who manages Red Bud Apts Ii?+
Red Bud Apts Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Red Bud Apts Ii?+
Red Bud Apts Ii 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 Randolph County, IL?+
For a 4-person household in Randolph County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,950, Low Income (80% AMI): $55,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Red Bud, IL?+
Based on Fair Market Rent for Randolph County, the estimated price range is: 1-bedroom: $614, 2-bedroom: $807. Actual rent at Red Bud Apts Ii may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Red Bud Apts Ii
Bella Vista Apts (Family)
Waterloo, IL
44 UnitsBella Vista Apts Senior
Waterloo, IL
32 UnitsRed Bud Apts
Red Bud, IL
20 UnitsMonroe County Apts
Waterloo, IL
14 Units
Amp 6 Scattered Sites South
New Athens, IL
2 UnitsBella Vista Apts (Senior)
Waterloo, IL
32 Units