FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 62024
1.00ratio
FMR$1,080
Market$1,080
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 62024
0.99ratio
FMR$1,390
Market$1,410
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 62024
1.01ratio
FMR$1,600
Market$1,580
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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East Alton, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in East Alton, IL is $1,080 a month. That is up 9.1% from $990 in FY 2026. East Alton is in the St. Louis, MO-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 East Alton is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for East Alton, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$850
+10.4%
$765–$935
1BR
$800
$880
+10.0%
$792–$968
2BR
$990
$1,080
+9.1%
$972–$1,188
3BR
$1,270
$1,390
+9.4%
$1,251–$1,529
4BR
$1,480
$1,600
+8.1%
$1,440–$1,760
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for East Alton, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$880
$1,080
$1,390
$1,600
FY 2026
$770
$800
$990
$1,270
$1,480
FY 2025
$840
$880
$1,090
$1,410
$1,640
FY 2024
$780
$820
$1,020
$1,320
$1,530
FY 2023
$650
$690
$870
$1,130
$1,320
Questions about East Alton, IL rents
How much will Section 8 pay for a two-bedroom in East Alton, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,080, that basic range is $972 to $1,188 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 East Alton, IL in?
East Alton, IL is in the St. Louis, MO-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 East Alton, IL for FY 2027?
The two-bedroom FMR rose 9.1%, from $990 in FY 2026 to $1,080 in FY 2027. Since FY 2023 it has risen 24.1%.
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