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Over the Rainbow Unit I — Income-Restricted Housing in Chicago, IL 60614

754 W Belden, Chicago, IL 60614

Section 8

8 units · 1–2 BR · People with disabilities

Leasing office: (847) 326-6633Directions

How to apply

  1. Call the leasing office at (847) 326-6633 to ask about applying, vacancies, and waiting lists.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1982
Bedrooms
7 1 bedroom · 1 2 bedrooms
HUD inspection
HUD inspection score: 91/100 (Jun 2025) HUD inspects subsidized buildings on a 0–100 scale. This is a snapshot, not a pass/fail grade.

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Nearby income-restricted buildings

Rents and income limits in 60614

Fair market rent, 2 bedrooms
$3,020/mo
Income needed to pay it at 30% of income
$120,800/yr
Renters in 60614 paying 30% or more of income on rent
39%

Income limits (2026)

Chicago-Joliet-Naperville, IL area · median family income $121,500. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$25,550$42,550$68,050
2$29,200$48,600$77,800
3$32,850$54,700$87,500
4$36,450$60,750$97,200
5$39,400$65,650$105,000
6$44,360$70,500$112,800
7$50,040$75,350$120,550
8$55,720$80,200$128,350

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size60614Wider area
Studio$2,520$1,678
1 bedroom$2,670$1,780
2 bedrooms$3,020$2,011
3 bedrooms$3,880$2,586
4 bedrooms$4,440$2,954

Wider area = Chicago-Joliet-Naperville, IL. Two-bedroom fair market rents in 12 nearby ZIPs range from $2,570 (60647) to $3,020 (60601).

Census figures for 60614 (2020–2024 average): median rent $2,030. Median household income $136,448. 56% of homes are rented. 39% of renters pay 30% or more of their income on rent, and 16% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 60614's fair market rent.

Estimate your Section 8 rent share for 60614

Frequently Asked Questions

How do I apply to Over the Rainbow Unit I?

Call (847) 326-6633 and ask about applying, vacancies, and waiting lists at Over the Rainbow Unit I in Chicago, IL 60614. These records do not show openings.

Is Over the Rainbow Unit I Section 8 housing?

Over the Rainbow Unit I is listed with a HUD-assisted or project-based Section 8 contract. The subsidy stays with the apartment. A Housing Choice Voucher is different — you apply with the housing authority. Confirm the program when you call.

How many units are at Over the Rainbow Unit I?

Public records list 8 units at Over the Rainbow Unit I in Chicago, IL 60614. That is a building size, not a count of open apartments.

Are there other affordable apartments near Over the Rainbow Unit I?

Yes — this page lists other income-restricted buildings in 60614 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Over the Rainbow Unit I?

Call the number on this page and ask about the waiting list or how to apply at Over the Rainbow Unit I in Chicago, IL 60614. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Chicago, IL 60614?

Most income-restricted buildings in Chicago, IL 60614 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $42,550, and $60,750 for a 4-person household. Public housing can go up to 80% ($68,050 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Chicago, IL 60614?

For many programs in Chicago, IL 60614, the 2026 HUD very low-income (50%) limit is $42,550 a year for 1 person and $60,750 for 4 people. The low-income (80%) limit is $68,050 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Chicago, IL 60614?

In public housing and most Section 8 in Chicago, IL 60614, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Chicago, IL 60614 is $3,020 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Over the Rainbow Unit I take Section 8 vouchers?

Over the Rainbow Unit I is listed with project-based Section 8 or HUD assistance — the subsidy is on the unit, so you usually apply at the building rather than bringing a tenant voucher. Ask when you call whether they also accept Housing Choice Vouchers.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.