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Savoy Square — Income-Restricted Housing in Chicago, IL 60609

4434 S State St, Chicago, IL 60609

Tax creditPublic housing

138 units · 112 income-restricted · 1–4+ BR

Housing authority: (312) 742-8500Directions

How to apply

  1. Apply through Chicago Housing Authority. They run this development and take applications.
  2. Call the housing authority at (312) 742-8500.
  3. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
2010
Income limit
60% AMI
Bedrooms (estimated)
20 1 bedroom · 63 2 bedrooms · 51 3 bedrooms · 7 4+ bedrooms
Average tenant rent
$604/mo

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This buildingNearby

Nearby income-restricted buildings

Rents and income limits in 60609

Fair market rent, 2 bedrooms
$1,500/mo
Income needed to pay it at 30% of income
$60,000/yr
Renters in 60609 paying 30% or more of income on rent
51%

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.

Size60609Wider area
Studio$1,250$1,678
1 bedroom$1,330$1,780
2 bedrooms$1,500$2,011
3 bedrooms$1,930$2,586
4 bedrooms$2,200$2,954

Wider area = Chicago-Joliet-Naperville, IL. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,500 (60632) to $3,020 (60605).

Census figures for 60609 (2020–2024 average): median rent $1,099. Median household income $58,896. 58% of homes are rented. 51% of renters pay 30% or more of their income on rent, and 31% 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 60609's fair market rent.

Estimate your Section 8 rent share for 60609

Frequently Asked Questions

How do I apply to Savoy Square?

Apply through Chicago Housing Authority, which runs Savoy Square. Call (312) 742-8500. Do not treat a walk-up at the building as the application. These records do not show openings.

Is Savoy Square Section 8 housing?

Savoy Square is public housing, not a project-based Section 8 contract. Apply with the housing authority. A Housing Choice Voucher is a separate program.

How many units are at Savoy Square?

Public records list 138 units at Savoy Square in Chicago, IL 60609. That is a building size, not a count of open apartments.

Are there other affordable apartments near Savoy Square?

Yes — this page lists other income-restricted buildings in 60609 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 Savoy Square?

Call the number on this page and ask about the waiting list or how to apply at Savoy Square in Chicago, IL 60609. 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 60609?

Most income-restricted buildings in Chicago, IL 60609 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 60609?

For many programs in Chicago, IL 60609, 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 60609?

In public housing and most Section 8 in Chicago, IL 60609, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Chicago, IL 60609 is $1,500 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 Savoy Square take Section 8 vouchers?

This file does not say that Savoy Square has a project-based Section 8 contract. Some landlords in Chicago, IL 60609 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Savoy Square.

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.