Low Income & Subsidized Housing in Olney, IL

There are 4 subsidized and income-restricted properties in Olney with roughly 212 assisted units — including 3 project-based Section 8 buildings, 1 public housing developments, and 2 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $291 to $370 per month. Median reported wait: about 4 months.

4
assisted properties
212
subsidized units
$331
typical rent
4 mo
median wait

Map of subsidized housing in Olney

Complete directory of subsidized housing in Olney

PropertyUnitsAvg rentReported wait
Olney Public Housing 75$370 4 mo
East Fork Apartments PB Section 8 66$291
Countryview Apts LIHTCPB Section 8 41
Fox River Apts LIHTCPB Section 8 30

Section 8 apartments in Olney (project-based)

These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →

PropertyUnitsAvg rentReported wait
East Fork Apartments PB Section 8 66$291
Countryview Apts LIHTCPB Section 8 41
Fox River Apts LIHTCPB Section 8 30

Public housing developments in Olney

Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →

PropertyUnitsAvg rentReported wait
Olney Public Housing 75$370 4 mo

Voucher rent limits: Richland County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Richland County: studio $632, 1-BR $729, 2-BR $916, 3-BR $1,098, 4-BR $1,390.

Full FMR table for Richland County →

How to apply for subsidized housing in Olney

  1. Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
  2. Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
  3. Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
  4. Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.

Nearby cities with low income housing

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.