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PROSPECT HOMES

8842 PROSPECT AVE

NILES , IL 60714

Contact Landlord

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

Total apartment units: 12

Assisted housing category: 202/811

Owner organization name: Friends of Builders of Skills

Management agent organization name: Housing Opportunity Development Corporation

Management agent main phone number: 8475642900

Management agent email address: rkoenig@hodc.org

Hud Administered ind: Y

Contract doc type: HAP

Program type: 202/8 SR

Rent to FMR ratio: 69.70260223

Rent to FMR description: Below 80% FMR

Total 1bedroom units: 12

1bedroom: $1,076.00 per month



Inquiry & Reviews (1)

MORE AFFORABLE APARTMENTS NILES , IL 60714

HUNTINGTON AND WHEELING TOWER APARTMENTS
(1/5)
(312) 542 - 4786
9201 N MARYLAND ST , NILES , IL 60714
Housing types: Low Income Apartments buildings / Section 8 vouchers accepted
total apartment units: 224, assisted housing category: subsidized, no hud financing, contract term: 240 months, rad ph conv , below 80% fmr, 1bedroom: $1,076.
Stephanie Korkis Sughrue
(1.0/5)

The property manager named \"Roman\" is extremely unprofessional. He came out of no where yelling that we couldnt walk through a certain hallway. Keep in mind, there were no \"do not enter\" sign at all on the door we us more ...

Making a rental inquiry

2024 Fair Market Rents in Niles, IL 60714 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Niles, IL 60714 offer diverse housing options, including those relevant to Section 8 assistance:

  Efficiency: $1,170 (low) to $1,430 (high) per month
  One-Bedrooms: $1,260 (low) to $1,540 (high) per month
  Two-Bedrooms: $1,431 (low) to $1,749 (high) per month
  Three-Bedrooms: $1,818 (low) to $2,222 (high) per month
  Four-Bedrooms: $2,160 (low) to $2,640 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Niles, IL 60714 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.