HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Adams County, Illinois (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Adams County is $1,013 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,013
-4.8% from FY 2026
Payment standard
$912–$1,114
90% to 110% of the FMR, two-bedroom
Income to afford
$40,520
a year, with rent at 30% of income
Rank in Illinois
38th of 102
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $705 | $635–$776 | $28,200 | $13.56/hr | -4.0% |
| 1 bedroom | $774 | $697–$851 | $30,960 | $14.88/hr | -4.6% |
| 2 bedroom | $1,013 | $912–$1,114 | $40,520 | $19.48/hr | -4.8% |
| 3 bedroom | $1,246 | $1,121–$1,371 | $49,840 | $23.96/hr | -6.1% |
| 4 bedroom | $1,476 | $1,328–$1,624 | $59,040 | $28.38/hr | -1.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,697 | $1,527–$1,867 |
| 6 bedroom Estimate | $1,919 | $1,727–$2,111 |
| 7 bedroom Estimate | $2,140 | $1,926–$2,354 |
| 8 bedroom Estimate | $2,362 | $2,126–$2,598 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Adams actually rent for?
Search any address in Adams for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Adams somewhere between $912 and $1,114. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,013 a month is affordable, by HUD's 30% rule, on an income of roughly $40,520 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$912 | Voucher pays at 100%$1,013 | Voucher pays at 110%$1,114 |
|---|---|---|---|---|
| $2,500 | $750 | $162 | $263 | $364 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 5% from FY 2026 ($1,064) to FY 2027 ($1,013). Since FY 2020 it's up 40% in total, about 5.0% a year. The Illinois median moved up 1% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $567 | $574 | $722 | $1,000 | $1,028 | — |
| FY 2021 | $561 | $605 | $776 | $1,029 | $1,072 | +7.5% |
| FY 2022 | $603 | $640 | $842 | $1,071 | $1,142 | +8.5% |
| FY 2023 | $569 | $636 | $837 | $1,063 | $1,124 | -0.6% |
| FY 2024 | $593 | $666 | $875 | $1,137 | $1,165 | +4.5% |
| FY 2025 | $669 | $749 | $975 | $1,261 | $1,319 | +11.4% |
| FY 2026 | $734 | $811 | $1,064 | $1,327 | $1,500 | +9.1% |
| FY 2027In effect | $705 | $774 | $1,013 | $1,246 | $1,476 | -4.8% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Adams, that runs from $705 for a studio up to $1,476 for four bedrooms, all five rates in the table above.
Because Adams sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Quincy included.
Among Illinois's 102 counties, Adams ranks 38th for two-bedroom FMR. That's about 6% above the state median of $958 and about 5% below the national median county at $1,063. About 64,754 people live here, 23rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $960 in 62320 (Camp Point) and $1,380 in 62325 (Coatsburg), with the 17 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 62301 | Quincy | $1,060 | +4.6% |
| 62305 | Quincy | $1,100 | +8.6% |
| 62306 | Quincy | $1,010 | -0.3% |
| 62320 | Camp Point | $960 | -5.2% |
| 62324 | Clayton | $970 | -4.2% |
| 62325 | Coatsburg | $1,380 | +36.2% |
| 62338 | Fowler | $1,130 | +11.5% |
| 62339 | Golden | $960 | -5.2% |
| 62346 | La Prairie | $960 | -5.2% |
| 62347 | Liberty | $1,030 | +1.7% |
| 62348 | Lima | $1,010 | -0.3% |
| 62349 | Loraine | $960 | -5.2% |
| 62351 | Mendon | $1,060 | +4.6% |
| 62359 | Paloma | $1,380 | +36.2% |
| 62360 | Payson | $1,110 | +9.6% |
| 62365 | Plainville | $1,000 | -1.3% |
| 62376 | Ursa | $1,040 | +2.7% |
Nearby counties
Two-bedroom FMR, with how each compares to Adams.
Brown County
24 mi · 6,322 people
$1,084
+7%
Hancock County
27 mi · 17,281 people
$930
-8%
Pike County
32 mi · 14,469 people
$930
-8%
Schuyler County
33 mi · 6,787 people
$930
-8%
McDonough County
44 mi · 26,920 people
$930
-8%
Scott County
49 mi · 4,937 people
$930
-8%
Cass County
50 mi · 12,784 people
$930
-8%
Henderson County
55 mi · 6,193 people
$935
-8%
Questions people ask
$1,013 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $705 for a studio, $774 for one bedroom, $1,246 for three and $1,476 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Adams actually go for?
HUD's number is one input. Search any address in Adams for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.