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Affordable apartments in Troy, Illinois

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc

Buildings

IDLEWOOD APT

LIHTC
527 LOWER MARINE RD, TROY, IL, 62294
Income-restricted units
24 of 24
Year placed in service
1993
Bedroom mix
24 1BR

Estimated total housing cost: $1,180 rent + $129 utilities = $1,309/mo

Contact property management for current availability. Waitlists may apply.

SENIOR CITIZENS HOUSING

LIHTC
944 CARLA DR, TROY, IL, 62294
Income-restricted units
10 of 10
Year placed in service
1989
Bedroom mix
10 1BR

Estimated total housing cost: $1,180 rent + $129 utilities = $1,309/mo

Contact property management for current availability. Waitlists may apply.

SENIOR CITIZENS HOUSING

LIHTC
106 LAUNDRY ST, TROY, IL, 62294
Income-restricted units
10 of 10
Year placed in service
1987
Bedroom mix
10 1BR

Estimated total housing cost: $1,180 rent + $129 utilities = $1,309/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Illinois

Residential electricity in Illinois runs about 17.95¢/kWh, with a typical monthly residential electric bill near $129. Natural gas runs about $15.45/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 62294

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$930n/a
1 bedroom$960n/a
2 bedroom$1,180$1,502
3 bedroom$1,520n/a
4 bedroom$1,760n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Madison County, IL

St. Louis, MO-IL. FY2025. Area median income: $111,400.

Household size30% AMI50% AMI80% AMI
1 person$23,400$39,000$62,400
2 people$26,750$44,600$71,300
3 people$30,100$50,150$80,200
4 people$33,400$55,700$89,100
5 people$37,650$60,200$96,250
6 people$43,150$64,650$103,400
7 people$48,650$69,100$110,500
8 people$54,150$73,550$117,650

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Illinois cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Troy cost-of-living and Fair Market Rent overview