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CAPITOL PLAZA

1210 E. Washington Street

SPRINGFIELD , IL 62703

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

Total apartment units: 150

Assisted housing category: Subsidized - Previously 202/811

Owner organization name: Urban-Springfield L.P.

Management agent organization name: Ludwig and Company

Management agent main phone number: 847-263-6200

Management agent email address: rwellington@ludwigco.com

Hud Administered ind: N

Contract doc type: HAP

Program type: 202/8 NC

Rent to FMR ratio: 138.8413361

Rent to FMR description: Between 131% & 140% FMR

Total 1bedroom units: 140

Total 2bedroom units: 10

1bedroom: $627.00 per month

2bedrooms: $802.00 per month

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2024 Fair Market Rents in Springfield, IL 62703 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Springfield, IL 62703 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $630 (low) to $770 (high) per month
One-Bedrooms: $765 (low) to $935 (high) per month
Two-Bedrooms: $936 (low) to $1,144 (high) per month
Three-Bedrooms: $1,242 (low) to $1,518 (high) per month
Four-Bedrooms: $1,278 (low) to $1,562 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Springfield, IL 62703 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 Springfield, IL MSA Housing Choice voucher income limit to determine your eligibility.

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