Lakeview Property Management
4.8Lakeview County
Residential management, leasing, and owner services for local rental properties.
216-555-0187lakeviewpm.com
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom.
Studio1.15-1.30
Studio- 2 ZIPs
1.15-1.17ratio range
Median FMR$1,340
Median Market$1,155
vs market+$185
FMR is above market; underwrite to market rent.
2
Studio- 2 ZIPs
1.28-1.30ratio range
Median FMR$1,775
Median Market$1,375
vs market+$400
FMR is above market; underwrite to market rent.
2
1 BR1.01-1.23
1 BR- 2 ZIPs
1.01ratio range
Median FMR$1,435
Median Market$1,420
vs market+$15
FMR is near market; voucher and private rents are aligned.
2
1 BR- 1 ZIP
1.11ratio
FMR$1,550
Market$1,400
vs market+$150
FMR is above market; underwrite to market rent.
1
1 BR- 1 ZIP
1.23ratio
FMR$2,250
Market$1,830
vs market+$420
FMR is above market; underwrite to market rent.
1
2 BR0.82-1.28
2 BR- 1 ZIP
0.82ratio
FMR$1,640
Market$1,990
vs market-$350
FMR is below market; voucher rent may lag private rents.
1
2 BR- 1 ZIP
0.96ratio
FMR$1,590
Market$1,660
vs market-$70
FMR is near market; voucher and private rents are aligned.
1
2 BR- 1 ZIP
1.05ratio
FMR$1,750
Market$1,660
vs market+$90
FMR is near market; voucher and private rents are aligned.
1
2 BR- 1 ZIP
1.28ratio
FMR$2,530
Market$1,970
vs market+$560
FMR is above market; underwrite to market rent.
1
3 BR0.87-1.29
3 BR- 1 ZIP
0.87ratio
FMR$2,110
Market$2,430
vs market-$320
FMR is below market; voucher rent may lag private rents.
1
3 BR- 1 ZIP
0.93ratio
FMR$2,050
Market$2,210
vs market-$160
FMR is near market; voucher and private rents are aligned.
1
3 BR- 1 ZIP
1.03ratio
FMR$2,250
Market$2,190
vs market+$60
FMR is near market; voucher and private rents are aligned.
1
3 BR- 1 ZIP
1.29ratio
FMR$3,260
Market$2,530
vs market+$730
FMR is above market; underwrite to market rent.
1
4 BR0.87-1.15
4 BR- 2 ZIPs
0.87-0.89ratio range
Median FMR$2,405
Median Market$2,735
vs market-$330
FMR is below market; voucher rent may lag private rents.
2
4 BR- 1 ZIP
0.98ratio
FMR$2,610
Market$2,660
vs market-$50
FMR is near market; voucher and private rents are aligned.
1
4 BR- 1 ZIP
1.15ratio
FMR$3,770
Market$3,280
vs market+$490
FMR is above market; underwrite to market rent.
1
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
Historical
FY 2022-2026
Data freshness
- FMR
- FY2026
- Market rent
- last ~365 days
About this result(HUD FMR/SAFMR details)
This page shows HUD Fair Market Rent data for ELGIN, 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.
ELGIN, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for ELGIN, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,695 and the 4 bedroom fair market rent is $2,525.
Use this page for searches like ELGIN, IL FMR, ELGIN, IL fair market rent, and ELGIN, 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.
| Bedroom size | HUD FMR |
|---|---|
| Studio | $1,405 |
| 1 bedroom | $1,505 |
| 2 bedroom | $1,695 |
| 3 bedroom | $2,180 |
| 4 bedroom | $2,525 |