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IL/DuPage County/Bartlett

Bartlett, IL

CitySAFMR
DuPage County
Found 1 ZIP

City Median Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$2,080$2,080
1 BR$2,200$1,920
2 BR$2,490$2,070
3 BR$3,200$2,580
4 BR$3,660$3,180
5 BR$4,209Not available
6 BR$4,840Not available
7 BR$5,566Not available
8 BR$6,401Not available

Purchase Price Calculator

Maximum purchase price
$245,685

Cost breakdown

+Likely effective rent$2,070
HUD FMR$2,490
Market rentUsed$2,070
Est. payment standard (90%)$2,240
-Principal and interest-$1,242
Loan amount$196,548
Down payment$49,137
Rate6.50%
Term30 years
-Operating costs-$628
Property taxes-$246
Insurance-$175
Utilities$0
HOA$0
Management-$207
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,133(67.4% ROI)
Projected value
$264,576
Return breakdown
Property appreciation+$18,891
Loan principal paid down+$7,042
Rental cash flow+$7,200
5-year hold
+$56,842(115.7% ROI)
Projected value
$277,970
Return breakdown
Property appreciation+$32,285
Loan principal paid down+$12,557
Rental cash flow+$12,000
10-year hold
+$122,735(249.8% ROI)
Projected value
$314,497
Return breakdown
Property appreciation+$68,812
Loan principal paid down+$29,922
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
1.15
2 BR
1.20
3 BR
1.24
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Bartlett, IL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bartlett, IL is $2,490 a month. That is up 8.7% from $2,290 in FY 2026. Bartlett is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Illinois is $958, so Bartlett is 160% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bartlett, IL
BedroomsFY 2027Change90–110% range
Studio$2,080+9.5%$1,872–$2,288
1BR$2,200+8.4%$1,980–$2,420
2BR$2,490+8.7%$2,241–$2,739
3BR$3,200+8.5%$2,880–$3,520
4BR$3,660+7.3%$3,294–$4,026

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bartlett, IL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,080$2,200$2,490$3,200$3,660
FY 2026$1,900$2,030$2,290$2,950$3,410
FY 2025$1,940$2,070$2,340$3,010$3,530
FY 2024$1,870$2,010$2,290$2,920$3,450
FY 2023$1,550$1,680$1,930$2,450$2,910

Questions about Bartlett, IL rents

How much will Section 8 pay for a two-bedroom in Bartlett, IL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,490, that basic range is $2,241 to $2,739 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Bartlett, IL in?

Bartlett, IL is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Bartlett, IL for FY 2027?

The two-bedroom FMR rose 8.7%, from $2,290 in FY 2026 to $2,490 in FY 2027. Since FY 2023 it has risen 29.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set