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GALENA PARK TERRACE APARTMENTS

5533-A1 N Galena RD

PEORIA , IL 61614

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

Total apartment units: 128

Assisted housing category: Insured-Subsidized

Owner organization name: GPT Development Limited Partnership

Management agent organization name: Robert Cottingham Company

Management agent main phone number: 309-673-2252

Management agent email address: lwarren@rcpmco.com

Hud Administered ind: N

Contract doc type: HAP

Program type: LMSA

Rent to FMR ratio: 156.5811966

Rent to FMR description: Between 141% & 160% FMR

Total efficiency units: 64

Total 1bedroom units: 64

Efficiency: $564.00 per month

1bedroom: $606.00 per month

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2024 Fair Market Rents in PEORIA, IL 61614 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in PEORIA, IL 61614 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $648 (low) to $792 (high) per month
One-Bedrooms: $720 (low) to $880 (high) per month
Two-Bedrooms: $918 (low) to $1,122 (high) per month
Three-Bedrooms: $1,197 (low) to $1,463 (high) per month
Four-Bedrooms: $1,233 (low) to $1,507 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the PEORIA, IL 61614 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 Peoria, IL HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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