Low Income & Subsidized Housing in Princeton, IL
There are 5 subsidized and income-restricted properties in Princeton with roughly 242 assisted units — including 4 project-based Section 8 buildings, 1 public housing developments, and 3 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $353 to $375 per month. Median reported wait: about 3 months.
Complete directory of subsidized housing in Princeton
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Princeton Hi Rise Public Housing | 102 | $353 | 3 mo |
| Princeton Senior Housing LIHTCPB Section 8 | 50 | — | — |
| Victor Meadows Phase Ii LIHTCPB Section 8 | 36 | — | — |
| Clark House PB Section 8 | 30 | $375 | — |
| Parkway Apts LIHTCPB Section 8 | 24 | — | — |
Section 8 apartments in Princeton (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 →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Princeton Senior Housing LIHTCPB Section 8 | 50 | — | — |
| Victor Meadows Phase Ii LIHTCPB Section 8 | 36 | — | — |
| Clark House PB Section 8 | 30 | $375 | — |
| Parkway Apts LIHTCPB Section 8 | 24 | — | — |
Public housing developments in Princeton
Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Princeton Hi Rise Public Housing | 102 | $353 | 3 mo |
Voucher rent limits: Bureau County Fair Market Rents
Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Bureau County: studio $714, 1-BR $789, 2-BR $1,035, 3-BR $1,278, 4-BR $1,433.
Full FMR table for Bureau County →
How to apply for subsidized housing in Princeton
- 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.
- Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
- Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
- Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.
Nearby cities with low income housing
- Spring Valley, IL
- Chicago, IL
- Peoria, IL
- Rockford, IL
- Decatur, IL
- Waukegan, IL
- Springfield, IL
- Joliet, IL
- Aurora, IL
- Chicago Heights, IL
- Bloomington, IL
- Moline, IL
Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.