HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Champaign County, Illinois (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Champaign County is $1,122 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,122
FY 2026, utilities included
Payment standard range
$1,010 to $1,234
90% to 110% of FMR
Income to afford 2BR
$44,880
per year, at 30% of income
Rank in Illinois
25th of 102
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Champaign moves to $1,173. That's up 5%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Champaign actually rent for?
Search any address in Champaign for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $941 | $847 to $1,035 | $37,640 | $18.10/hr | +4.1% |
| 1 bedroom | $946 | $851 to $1,041 | $37,840 | $18.19/hr | +4.1% |
| 2 bedroom | $1,122 | $1,010 to $1,234 | $44,880 | $21.58/hr | +3.9% |
| 3 bedroom | $1,436 | $1,292 to $1,580 | $57,440 | $27.62/hr | +2.2% |
| 4 bedroom | $1,486 | $1,337 to $1,635 | $59,440 | $28.58/hr | +3.8% |
5 to 8 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 | $1,709 | $1,538 to $1,880 |
| 6 bedroom Estimate | $1,932 | $1,739 to $2,125 |
| 7 bedroom Estimate | $2,155 | $1,940 to $2,371 |
| 8 bedroom Estimate | $2,378 | $2,140 to $2,616 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Champaign, that runs from $941 for a studio up to $1,486 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Champaign in with one other county in the Champaign-Urbana metro, Piatt County among them, and every one of them gets $1,122 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Illinois's 102 counties, Champaign ranks 25th for two-bedroom FMR. That's about 18% above the state median of $953 and about 10% above the national median county at $1,018. About 206,525 people live here, 10th in the state.
Counties sharing the Champaign-Urbana metro rate
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $980 in 61843 (Fisher) and $1,430 in 61822 (Champaign), with the 33 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 |
|---|---|---|---|
| 60949 | Ludlow | $1,010 | -10.0% |
| 61801 | Urbana | $1,090 | -2.9% |
| 61802 | Urbana | $1,090 | -2.9% |
| 61803 | Urbana | $1,120 | -0.2% |
| 61815 | Bondville | $1,050 | -6.4% |
| 61816 | Broadlands | $1,080 | -3.7% |
| 61820 | Champaign | $1,270 | +13.2% |
| 61821 | Champaign | $1,160 | +3.4% |
| 61822 | Champaign | $1,430 | +27.5% |
| 61824 | Champaign | $1,120 | -0.2% |
| 61825 | Champaign | $1,120 | -0.2% |
| 61826 | Champaign | $1,120 | -0.2% |
| 61840 | Dewey | $1,140 | +1.6% |
| 61843 | Fisher | $980 | -12.7% |
| 61845 | Foosland | $980 | -12.7% |
| 61847 | Gifford | $980 | -12.7% |
| 61849 | Homer | $1,040 | -7.3% |
| 61851 | Ivesdale | $1,010 | -10.0% |
| 61852 | Longview | $1,050 | -6.4% |
| 61853 | Mahomet | $1,360 | +21.2% |
| 61859 | Ogden | $1,320 | +17.6% |
| 61862 | Penfield | $980 | -12.7% |
| 61863 | Pesotum | $980 | -12.7% |
| 61864 | Philo | $1,180 | +5.2% |
| 61866 | Rantoul | $1,010 | -10.0% |
| 61871 | Royal | $1,130 | +0.7% |
| 61872 | Sadorus | $1,020 | -9.1% |
| 61873 | Saint Joseph | $980 | -12.7% |
| 61874 | Savoy | $1,020 | -9.1% |
| 61875 | Seymour | $1,210 | +7.8% |
| 61877 | Sidney | $1,230 | +9.6% |
| 61878 | Thomasboro | $980 | -12.7% |
| 61880 | Tolono | $980 | -12.7% |
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 Champaign somewhere between $1,010 and $1,234. 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.
$1,122 a month is affordable, by HUD's 30% rule, on an income of roughly $44,880 a year. Put another way, $22 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,010) | HAP at 100% ($1,122) | HAP at 110% ($1,234) |
|---|---|---|---|---|
| $2,500 | $750 | $260 | $372 | $484 |
| $4,000 | $1,200 | $0 | $0 | $34 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($1,080) to FY 2026 ($1,122). Since FY 2020 it's up 30% in total, about 4.5% a year. The Illinois median moved up 6% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $725 | $730 | $862 | $1,108 | $1,305 | — |
| FY 2021 | $734 | $739 | $868 | $1,108 | $1,230 | +0.7% |
| FY 2022 | $824 | $829 | $977 | $1,252 | $1,325 | +12.6% |
| FY 2023 | $866 | $871 | $1,030 | $1,335 | $1,384 | +5.4% |
| FY 2024 | $880 | $885 | $1,049 | $1,372 | $1,397 | +1.8% |
| FY 2025 | $904 | $909 | $1,080 | $1,405 | $1,432 | +3.0% |
| FY 2026 | $941 | $946 | $1,122 | $1,436 | $1,486 | +3.9% |
| FY 2027 | $983 | $996 | $1,173 | $1,474 | $1,542 | +4.5% |
Nearby counties
Questions people ask
$1,122 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $941 for a studio, $946 for one bedroom, $1,436 for three and $1,486 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Champaign actually go for?
HUD's number is one input. Search any address in Champaign for a rent estimate built from nearby comps. 3 free searches, no card.
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