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ARCHER COURTS APARTMENTS

2242 South Princeton

CHICAGO , IL 60616

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

Total apartment units: 146

Assisted housing category: Insured-Subsidized

Owner organization name: Community Housing Partners V L.P.

Management agent organization name: East Lake Management & Development Corp.

Management agent main phone number: (312) 842-5500

Management agent email address: anyarko@eastlakemgmt.com

Hud Administered ind: N

Contract doc type: HAP

Program type: Sec 8 SR

Rent to FMR ratio: 111.0510653

Rent to FMR description: Between 101% & 120% FMR

Total 1bedroom units: 106

Total 2bedroom units: 28

Total 3bedroom units: 12

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 60616 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Chicago, IL 60616 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,287 (low) to $1,573 (high) per month
One-Bedrooms: $1,386 (low) to $1,694 (high) per month
Two-Bedrooms: $1,575 (low) to $1,925 (high) per month
Three-Bedrooms: $2,007 (low) to $2,453 (high) per month
Four-Bedrooms: $2,376 (low) to $2,904 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Chicago, IL 60616 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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