HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Iroquois County, Illinois (FY 2026)
$916 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Iroquois County, and it's the baseline every voucher in Iroquois is measured against.
2 bedroom FMR
$916
FY 2026, utilities included
Payment standard range
$824 to $1,008
90% to 110% of FMR
Income to afford 2BR
$36,640
per year, at 30% of income
Rank in Illinois
78th of 102
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Iroquois moves to $930. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Iroquois actually rent for?
Search any address in Iroquois 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 | $694 | $625 to $763 | $27,760 | $13.35/hr | +5.2% |
| 1 bedroom | $698 | $628 to $768 | $27,920 | $13.42/hr | +4.5% |
| 2 bedroom | $916 | $824 to $1,008 | $36,640 | $17.62/hr | +4.6% |
| 3 bedroom | $1,136 | $1,022 to $1,250 | $45,440 | $21.85/hr | +5.1% |
| 4 bedroom | $1,492 | $1,343 to $1,641 | $59,680 | $28.69/hr | +17.6% |
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 | $1,716 | $1,544 to $1,888 |
| 6 bedroom Estimate | $1,940 | $1,746 to $2,134 |
| 7 bedroom Estimate | $2,163 | $1,947 to $2,379 |
| 8 bedroom Estimate | $2,387 | $2,148 to $2,626 |
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 Iroquois, that runs from $694 for a studio up to $1,492 for four bedrooms, all five rates in the table above.
Because Iroquois 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, Ashkum included.
Among Illinois's 102 counties, Iroquois ranks 78th for two-bedroom FMR. That's about 4% below the state median of $953 and about 10% below the national median county at $1,018. About 27,043 people live here, 51st in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $920 in 60912 (Beaverville) and $1,210 in 60922 (Chebanse), with the 24 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 |
|---|---|---|---|
| 60911 | Ashkum | $1,060 | +15.7% |
| 60912 | Beaverville | $920 | +0.4% |
| 60918 | Buckley | $970 | +5.9% |
| 60922 | Chebanse | $1,210 | +32.1% |
| 60924 | Cissna Park | $920 | +0.4% |
| 60926 | Claytonville | $920 | +0.4% |
| 60927 | Clifton | $1,020 | +11.4% |
| 60928 | Crescent City | $920 | +0.4% |
| 60930 | Danforth | $990 | +8.1% |
| 60931 | Donovan | $1,010 | +10.3% |
| 60938 | Gilman | $920 | +0.4% |
| 60939 | Goodwine | $920 | +0.4% |
| 60945 | Iroquois | $1,120 | +22.3% |
| 60948 | Loda | $980 | +7.0% |
| 60951 | Martinton | $990 | +8.1% |
| 60953 | Milford | $920 | +0.4% |
| 60955 | Onarga | $920 | +0.4% |
| 60956 | Papineau | $920 | +0.4% |
| 60966 | Sheldon | $920 | +0.4% |
| 60967 | Stockland | $920 | +0.4% |
| 60968 | Thawville | $920 | +0.4% |
| 60970 | Watseka | $920 | +0.4% |
| 60973 | Wellington | $1,020 | +11.4% |
| 60974 | Woodland | $1,080 | +17.9% |
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 Iroquois somewhere between $824 and $1,008. 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.
$916 a month is affordable, by HUD's 30% rule, on an income of roughly $36,640 a year. Put another way, $18 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% ($824) | HAP at 100% ($916) | HAP at 110% ($1,008) |
|---|---|---|---|---|
| $2,500 | $750 | $74 | $166 | $258 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 5% from FY 2025 ($876) to FY 2026 ($916). Since FY 2020 it's up 31% in total, about 4.6% 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 | $539 | $546 | $698 | $909 | $1,098 | — |
| FY 2021 | $528 | $531 | $700 | $913 | $1,019 | +0.3% |
| FY 2022 | $559 | $563 | $741 | $977 | $1,037 | +5.9% |
| FY 2023 | $584 | $588 | $774 | $998 | $1,042 | +4.5% |
| FY 2024 | $605 | $619 | $813 | $1,025 | $1,112 | +5.0% |
| FY 2025 | $660 | $668 | $876 | $1,081 | $1,269 | +7.7% |
| FY 2026 | $694 | $698 | $916 | $1,136 | $1,492 | +4.6% |
| FY 2027 | $706 | $711 | $930 | $1,154 | $1,554 | +1.5% |
Nearby counties
Ford County
$91623 mi · pop 13,484
Kankakee County
$1,32626 mi · pop 107,421
Livingston County
$1,01840 mi · pop 35,771
Vermilion County
$97441 mi · pop 74,113
Grundy County
$1,45946 mi · pop 52,624
Champaign County
$1,12248 mi · pop 206,525
Will County
$1,78154 mi · pop 696,774
McLean County
$1,30258 mi · pop 171,284
Questions people ask
$916 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $694 for a studio, $698 for one bedroom, $1,136 for three and $1,492 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 Iroquois actually go for?
HUD's number is one input. Search any address in Iroquois for a rent estimate built from nearby comps. 3 free searches, no card.
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