IL/Hancock County/COLCHESTER
COLCHESTER, IL
CitySAFMR
Hancock County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$660$660
1 BR$730$660
2 BR$960$810
3 BR$1,240$890
4 BR$1,530$930
5 BR$1,759
6 BR$2,023
7 BR$2,327
8 BR$2,676

Market Alignment

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

Studio
Studio· 62326
1.00ratio
FMR$660
Market$660
vs market+$0

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

1.00
1 BR
1 BR· 62326
1.11ratio
FMR$730
Market$660
vs market+$70

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

1.11
2 BR
2 BR· 62326
1.19ratio
FMR$960
Market$810
vs market+$150

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

1.19
3 BR
3 BR· 62326
1.39ratio
FMR$1,240
Market$890
vs market+$350

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

1.39
4 BR
4 BR· 62326
1.65ratio
FMR$1,530
Market$930
vs market+$600

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

1.65
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
$80,739
Rent
$960
Down payment
$16,148
Loan
$64,591
Mortgage
$408
Expenses
$352
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for COLCHESTER, 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.

Related ZIPs

COLCHESTER, IL fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for COLCHESTER, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $960 and the 4 bedroom fair market rent is $1,530.

Use this page for searches like COLCHESTER, IL FMR, COLCHESTER, IL fair market rent, and COLCHESTER, IL Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for COLCHESTER, IL
Bedroom sizeHUD FMR
Studio$660
1 bedroom$730
2 bedroom$960
3 bedroom$1,240
4 bedroom$1,530