HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Marshall County, Illinois (FY 2026)
$1,039 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Marshall County, and it's the baseline every voucher in Marshall is measured against.
2 bedroom FMR
$1,039
FY 2026, utilities included
Payment standard range
$935 to $1,143
90% to 110% of FMR
Income to afford 2BR
$41,560
per year, at 30% of income
Rank in Illinois
33rd of 102
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Marshall moves to $1,212. That's up 17%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Marshall actually rent for?
Search any address in Marshall 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 | $758 | $682 to $834 | $30,320 | $14.58/hr | +5.6% |
| 1 bedroom | $818 | $736 to $900 | $32,720 | $15.73/hr | +3.5% |
| 2 bedroom | $1,039 | $935 to $1,143 | $41,560 | $19.98/hr | +3.6% |
| 3 bedroom | $1,346 | $1,211 to $1,481 | $53,840 | $25.88/hr | +3.5% |
| 4 bedroom | $1,449 | $1,304 to $1,594 | $57,960 | $27.87/hr | +6.2% |
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 | $1,666 | $1,499 to $1,833 |
| 6 bedroom Estimate | $1,884 | $1,696 to $2,072 |
| 7 bedroom Estimate | $2,101 | $1,891 to $2,311 |
| 8 bedroom Estimate | $2,318 | $2,086 to $2,550 |
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 Marshall, that runs from $758 for a studio up to $1,449 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 Marshall in with 4 other counties in the Peoria metro, Peoria County, Tazewell County, Woodford County among them, and every one of them gets $1,039 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, Marshall ranks 33rd for two-bedroom FMR. That's about 9% above the state median of $953 and about 2% above the national median county at $1,018. About 11,740 people live here, 85th in the state.
Counties sharing the Peoria metro rate
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $920 in 61369 (Toluca) and $1,180 in 61541 (La Rose), with the 9 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 Marshall somewhere between $935 and $1,143. 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.
$1,039 a month is affordable, by HUD's 30% rule, on an income of roughly $41,560 a year. Put another way, $20 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% ($935) | HAP at 100% ($1,039) | HAP at 110% ($1,143) |
|---|---|---|---|---|
| $2,500 | $750 | $185 | $289 | $393 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($1,003) to FY 2026 ($1,039). Since FY 2020 it's up 35% in total, about 5.1% 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 | $564 | $606 | $772 | $998 | $1,082 | — |
| FY 2021 | $631 | $675 | $858 | $1,108 | $1,181 | +11.1% |
| FY 2022 | $592 | $641 | $815 | $1,059 | $1,106 | -5.0% |
| FY 2023 | $639 | $707 | $896 | $1,164 | $1,211 | +9.9% |
| FY 2024 | $683 | $756 | $965 | $1,258 | $1,293 | +7.7% |
| FY 2025 | $718 | $790 | $1,003 | $1,300 | $1,364 | +3.9% |
| FY 2026 | $758 | $818 | $1,039 | $1,346 | $1,449 | +3.6% |
| FY 2027 | $915 | $961 | $1,212 | $1,557 | $1,710 | +16.7% |
Nearby counties
Putnam County
$93713 mi · pop 5,628
Woodford County
$1,03919 mi · pop 38,414
Stark County
$1,03924 mi · pop 5,395
Peoria County
$1,03927 mi · pop 181,186
Bureau County
$1,03528 mi · pop 33,203
La Salle County
$1,07929 mi · pop 109,495
Tazewell County
$1,03935 mi · pop 131,276
Livingston County
$1,01840 mi · pop 35,771
Questions people ask
$1,039 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $758 for a studio, $818 for one bedroom, $1,346 for three and $1,449 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 Marshall actually go for?
HUD's number is one input. Search any address in Marshall for a rent estimate built from nearby comps. 3 free searches, no card.
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