About This Property
Riverwest Rental & Lease to Purchase consists of 3 units in Peoria, IL and operates as a public housing development. The property includes 2 accessible units designed to accommodate residents with mobility needs. Residents have the option to rent or participate in a lease-to-purchase program.
Waitlist Information
Waitlist managed by Peoria Housing Authority
Working preference is given for 6 months of continuous employment. Applications can be obtained at the PHA Administrative Office (100 S Richard Pryor Place) or by requesting one be mailed via telephone at (309) 676-8736 ext. 14079.
The general Housing Choice Voucher waiting list was last open from January 1, 2025, to January 10, 2025, and is now closed. There is no notice of when this waiting list will reopen.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Peoria County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $683 |
| 1 Bedroom | $756 |
| 2 Bedroom | $965 |
| 3 Bedroom | $1,258 |
| 4 Bedroom | $1,293 |
Income Limits - Peoria County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
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Frequently Asked Questions
What is the average rent for affordable housing in Peoria, IL?+
The Fair Market Rent (FMR) for Peoria County, IL is: $683 (Studio), $756 (1BR), $965 (2BR), $1258 (3BR), $1293 (4BR). Actual rent at subsidized properties like Riverwest Rental & Lease to Purchase is typically 30% of household income or less.
How many units does Riverwest Rental & Lease to Purchase have?+
Riverwest Rental & Lease to Purchase has a total of 3 housing units.
What is the HUD inspection score for Riverwest Rental & Lease to Purchase?+
Riverwest Rental & Lease to Purchase has a HUD inspection score of 80 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Is there a waitlist for Riverwest Rental & Lease to Purchase?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Riverwest Rental & Lease to Purchase?+
Riverwest Rental & Lease to Purchase is a Public Housing property. To apply, you can start by calling 3096768736, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
What are the income limits for affordable housing in Peoria County, IL?+
For a 4-person household in Peoria County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Contact Information
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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