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FRED WOODS HOUSE

4631 N. Beacon Street

CHICAGO , IL 60640

☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 9

Assisted housing category: 202/811

Owner organization name: Fred Woods Home Inc.

Management agent organization name: Chicago House and Social Service Agency

Management agent main phone number: 7732485200

Management agent email address: ttimatyos@chicagohouse.org

Hud Administered ind: Y

Contract doc type: PRAC

Program type: PRAC/811

Rent to FMR ratio: 79.04834996

Rent to FMR description: Below 80% FMR

Total 1bedroom units: 3

Total 2bedroom units: 3

Total 3bedroom units: 3

1bedroom: $1,076.00 per month

2bedrooms: $1,248.00 per month

3bedrooms: $1,585.00 per month

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2024 Fair Market Rents in CHICAGO, IL 60640 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in CHICAGO, IL 60640 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,593 (low) to $1,947 (high) per month
One-Bedrooms: $1,719 (low) to $2,101 (high) per month
Two-Bedrooms: $1,953 (low) to $2,387 (high) per month
Three-Bedrooms: $2,484 (low) to $3,036 (high) per month
Four-Bedrooms: $2,943 (low) to $3,597 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the CHICAGO, IL 60640 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Chicago-Joliet-Naperville, IL HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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