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General Landlording & Rental Properties

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Sean Gimpert
  • Rental Property Investor
  • Naperville, IL
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14
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Section 8 Chicago suburbs

Sean Gimpert
  • Rental Property Investor
  • Naperville, IL
Posted Jan 23 2021, 17:41

I recently closed on a 3 bed 1 bath ranch home in Romeoville, this is my second investment property in Romeoville. I want to use this house as my dive into section 8.

According to HUD, a 3 bed 1 bath in Romeoville can rent out for a max of $2200. My question is how does HUD figure out what is an acceptable rent for your house.

Does anyone have any advice or experience using section 8 in the Romeoville, Joliet, Lockport, Bolingbrook or Will county areas?

Thanks in advance!

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