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The Terrace

2321 HALSTED RD

ROCKFORD , IL 61103

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

Total apartment units: 128

Assisted housing category: Subsidized, No HUD Financing

Owner organization name: Terrace Senior Apartments

Management agent organization name: Evergreen Real Estate Services, LLC

Management agent main phone number: (312) 234-9400

Management agent email address: mmauney@evergreenreg.com

Hud Administered ind: N

Contract doc type: HAP

Program type: HFDA/8 NC

Rent to FMR ratio: 138.0295127

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

Total 1bedroom units: 127

Total 2bedroom units: 1

1bedroom: $629.00 per month

2bedrooms: $828.00 per month

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2024 Fair Market Rents in Rockford, IL 61103 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Rockford, IL 61103 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $594 (low) to $726 (high) per month
One-Bedrooms: $675 (low) to $825 (high) per month
Two-Bedrooms: $882 (low) to $1,078 (high) per month
Three-Bedrooms: $1,179 (low) to $1,441 (high) per month
Four-Bedrooms: $1,215 (low) to $1,485 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Rockford, IL 61103 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 Rockford, IL MSA Housing Choice voucher income limit to determine your eligibility.

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