Riverwest South Phase 2 — Income-Restricted Housing in Peoria, IL 61605
930 W Millman St, Peoria, IL 61605
26 units · 7 income-restricted
- Apply through Peoria Housing Authority
Housing authority: (309) 676-8736Directions
How to apply
- Apply through Peoria Housing Authority. They run this development and take applications.
- Call the housing authority at (309) 676-8736.
- These records do not show openings — call to confirm vacancies and waiting lists.
Map loads here…
This buildingNearbyOpen a pin for the building name.
Nearby income-restricted buildings
Riverwest Homeownership & South Phase I
812 W McBean St, Peoria, IL 61605
0.2 mi away
38 units · 1–3 BR · People with disabilities
- Apply through Peoria Housing Authority
- Several buildings — call for addresses
Riverwest Rental & Lease to Purchase
1201 SW Jefferson Ave, Peoria, IL 61605
0.3 mi away
117 units · 76 income-restricted · 1–3 BR
- Apply through Peoria Housing Authority
Urban Housing
1512 W Aiken Ave, Peoria, IL 61605
0.5 mi away
12 units · 1–3 BR
- Affordability period may have ended — call to confirm
Rents and income limits in 61605
- Fair market rent, 2 bedrooms
- $1,150/mo
- Income needed to pay it at 30% of income
- $46,000/yr
- Renters in 61605 paying 30% or more of income on rent
- 66%
Income limits (2026)
Peoria, IL area · median family income $106,100. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $22,300 | $37,150 | $59,450 |
| 2 | $25,500 | $42,450 | $67,950 |
| 3 | $28,700 | $47,750 | $76,450 |
| 4 | $33,000 | $53,050 | $84,900 |
| 5 | $38,680 | $57,300 | $91,700 |
| 6 | $44,360 | $61,550 | $98,500 |
| 7 | $50,040 | $65,800 | $105,300 |
| 8 | $55,720 | $70,050 | $112,100 |
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.
| Size | 61605 | Wider area |
|---|---|---|
| Studio | $870 | $915 |
| 1 bedroom | $910 | $961 |
| 2 bedrooms | $1,150 | $1,212 |
| 3 bedrooms | $1,480 | $1,557 |
| 4 bedrooms | $1,620 | $1,710 |
Wider area = Peoria, IL. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,030 (61610) to $1,390 (61615).
Census figures for 61605 (2020–2024 average): median rent $884. Median household income $26,392. 57% of homes are rented. 66% of renters pay 30% or more of their income on rent, and 46% 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 61605's fair market rent.
Estimate your Section 8 rent share for 61605Frequently Asked Questions
How do I apply to Riverwest South Phase 2?
Apply through Peoria Housing Authority, which runs Riverwest South Phase 2. Call (309) 676-8736. Do not treat a walk-up at the building as the application. These records do not show openings.
Is Riverwest South Phase 2 Section 8 housing?
Riverwest South Phase 2 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 Riverwest South Phase 2?
Public records list 26 units at Riverwest South Phase 2 in Peoria, IL 61605. That is a building size, not a count of open apartments.
Are there other affordable apartments near Riverwest South Phase 2?
Yes — this page lists other income-restricted buildings in 61605 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 Riverwest South Phase 2?
Call the number on this page and ask about the waiting list or how to apply at Riverwest South Phase 2 in Peoria, IL 61605. 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 Peoria, IL 61605?
Most income-restricted buildings in Peoria, IL 61605 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 $37,150, and $53,050 for a 4-person household. Public housing can go up to 80% ($59,450 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 Peoria, IL 61605?
For many programs in Peoria, IL 61605, the 2026 HUD very low-income (50%) limit is $37,150 a year for 1 person and $53,050 for 4 people. The low-income (80%) limit is $59,450 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 Peoria, IL 61605?
In public housing and most Section 8 in Peoria, IL 61605, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Peoria, IL 61605 is $1,150 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 Riverwest South Phase 2 take Section 8 vouchers?
This file does not say that Riverwest South Phase 2 has a project-based Section 8 contract. Some landlords in Peoria, IL 61605 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Riverwest South Phase 2.
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.