IL/Will County/CHANNAHON
CHANNAHON, IL
CitySAFMR
Will County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,670$1,670
1 BR$1,790$1,790
2 BR$2,100$1,890
3 BR$2,750$2,080
4 BR$3,150$2,320
5 BR$3,622
6 BR$4,166
7 BR$4,791
8 BR$5,509

Market Alignment

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

Studio
Studio· 60410
0.95ratio
FMR$1,670
Market$1,760
vs market-$90

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

0.95
1 BR
1 BR· 60410
0.96ratio
FMR$1,790
Market$1,860
vs market-$70

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

0.96
2 BR
2 BR· 60410
1.11ratio
FMR$2,100
Market$1,890
vs market+$210

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

1.11
3 BR
3 BR· 60410
1.32ratio
FMR$2,750
Market$2,080
vs market+$670

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

1.32
4 BR
4 BR· 60410
1.36ratio
FMR$3,150
Market$2,320
vs market+$830

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

1.36
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
$250,143
Rent
$2,100
Down payment
$50,029
Loan
$200,114
Mortgage
$1,265
Expenses
$635
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for CHANNAHON, 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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