HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Jasper County, Illinois (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Jasper County is $933 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$933
FY 2026, utilities included
Payment standard range
$840 to $1,026
90% to 110% of FMR
Income to afford 2BR
$37,320
per year, at 30% of income
Rank in Illinois
57th of 102
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Jasper moves to $948. 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 Jasper actually rent for?
Search any address in Jasper 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 | $643 | $579 to $707 | $25,720 | $12.37/hr | +7.7% |
| 1 bedroom | $719 | $647 to $791 | $28,760 | $13.83/hr | +8.4% |
| 2 bedroom | $933 | $840 to $1,026 | $37,320 | $17.94/hr | +7.2% |
| 3 bedroom | $1,119 | $1,007 to $1,231 | $44,760 | $21.52/hr | +6.8% |
| 4 bedroom | $1,333 | $1,200 to $1,466 | $53,320 | $25.63/hr | +7.6% |
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 | $1,533 | $1,380 to $1,686 |
| 6 bedroom Estimate | $1,733 | $1,560 to $1,906 |
| 7 bedroom Estimate | $1,933 | $1,740 to $2,126 |
| 8 bedroom Estimate | $2,133 | $1,920 to $2,346 |
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 Jasper, that runs from $643 for a studio up to $1,333 for four bedrooms, all five rates in the table above.
Because Jasper 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, Hidalgo included.
Among Illinois's 102 counties, Jasper ranks 57th for two-bedroom FMR. That's about 2% below the state median of $953 and about 8% below the national median county at $1,018. About 9,295 people live here, 88th 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 62432 (Hidalgo) and $1,030 in 62479 (Wheeler), with the 7 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.
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 Jasper somewhere between $840 and $1,026. 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.
$933 a month is affordable, by HUD's 30% rule, on an income of roughly $37,320 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% ($840) | HAP at 100% ($933) | HAP at 110% ($1,026) |
|---|---|---|---|---|
| $2,500 | $750 | $90 | $183 | $276 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 7% from FY 2025 ($870) to FY 2026 ($933). Since FY 2020 it's up 34% in total, about 5.0% 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 | $474 | $607 | $698 | $975 | $997 | — |
| FY 2021 | $476 | $607 | $700 | $994 | $998 | +0.3% |
| FY 2022 | $503 | $631 | $735 | $1,031 | $1,034 | +5.0% |
| FY 2023 | $531 | $642 | $774 | $1,042 | $1,080 | +5.3% |
| FY 2024 | $553 | $631 | $807 | $976 | $1,126 | +4.3% |
| FY 2025 | $597 | $663 | $870 | $1,048 | $1,239 | +7.8% |
| FY 2026 | $643 | $719 | $933 | $1,119 | $1,333 | +7.2% |
| FY 2027 | $660 | $725 | $948 | $1,130 | $1,370 | +1.6% |
Nearby counties
Questions people ask
$933 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $643 for a studio, $719 for one bedroom, $1,119 for three and $1,333 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 Jasper actually go for?
HUD's number is one input. Search any address in Jasper for a rent estimate built from nearby comps. 3 free searches, no card.
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