Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Big Rock, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Big Rock, IL is $1,990 a month. That is up 12.4% from $1,770 in FY 2026. Big Rock is in the DeKalb County, 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 Big Rock is 108% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Big Rock, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,540
+16.7%
$1,386–$1,694
1BR
$1,440
$1,630
+13.2%
$1,467–$1,793
2BR
$1,770
$1,990
+12.4%
$1,791–$2,189
3BR
$2,350
$2,610
+11.1%
$2,349–$2,871
4BR
$2,680
$2,940
+9.7%
$2,646–$3,234
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Big Rock, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,630
$1,990
$2,610
$2,940
FY 2026
$1,320
$1,440
$1,770
$2,350
$2,680
FY 2025
$1,340
$1,430
$1,620
$2,080
$2,440
FY 2024
$1,330
$1,430
$1,630
$2,080
$2,460
FY 2023
$1,150
$1,250
$1,430
$1,810
$2,160
Questions about Big Rock, IL rents
How much will Section 8 pay for a two-bedroom in Big Rock, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 Big Rock, IL in?
Big Rock, IL is in the DeKalb County, 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 Big Rock, IL for FY 2027?
The two-bedroom FMR rose 12.4%, from $1,770 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 39.2%.
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