ALEDO, IL
CitySAFMR
Mercer County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$740$710
1 BR$840$740
2 BR$1,030$790
3 BR$1,350$800
4 BR$1,640$860
5 BR$1,886
6 BR$2,169
7 BR$2,494
8 BR$2,868

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 61231
1.04ratio
FMR$740
Market$710
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.04
1 BR
1 BR· 61231
1.14ratio
FMR$840
Market$740
vs market+$100

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.14
2 BR
2 BR· 61231
1.30ratio
FMR$1,030
Market$790
vs market+$240

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.30
3 BR
3 BR· 61231
1.69ratio
FMR$1,350
Market$800
vs market+$550

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.69
4 BR
4 BR· 61231
1.91ratio
FMR$1,640
Market$860
vs market+$780

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.91
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$91,141
Rent
$1,030
Down payment
$18,228
Loan
$72,913
Mortgage
$461
Expenses
$369
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for ALEDO, IL (IL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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