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Apartment Rentals

Income Based Apartments

Terra Properties, Inc. manages a large portfolio of federally subsidized apartments throughout southern Illinois.  Per the governments budgetary guidelines; 30% of a household’s income should be for the necessity of basic housing expenses.  Therefore 30% of the household’s gross income; should equal rent and basic utilities.

The resident will be required to pay their calculated rental amount; as well as have the basic utilities in their name.  All properties vary on utility expenses, which may include: electric, gas, water, sewer, and/or trash.

These apartments do have income limits, set by the counties in which they are located.

Pets are not permitted at these properties; only documented service or companion animals will be allowed.


Conventional Apartments

Terra Properties, Inc. manages conventional apartments, in which rent is set at a price based on the surrounding housing market, currently ranging from $400- $800 a month.  The rental amounts are based on the amenities provided with the rental unit.  Amenities can include: washer, dryer, dishwasher, microwave, fireplaces, additional bathrooms, balconies, patios, covered parking, etc.

The renter will be expected to have basic utilities put in their name, which may include: electric, gas, water, sewer, and/or trash.

Animals may be permitted at the conventional apartments for an additional fee; you will need to contact the property manager for further animal specifications.