FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR- 60805
1.06ratio
FMR$2,430
Market$2,300
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 60805
0.95ratio
FMR$2,780
Market$2,940
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.95
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
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Mortgage rate
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Evergreen Park, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Evergreen Park, IL is $1,890 a month. That is up 14.5% from $1,650 in FY 2026. Evergreen Park is in the Chicago-Joliet-Naperville, 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 Evergreen Park is 97% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Evergreen Park, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,370
$1,580
+15.3%
$1,422–$1,738
1BR
$1,460
$1,670
+14.4%
$1,503–$1,837
2BR
$1,650
$1,890
+14.5%
$1,701–$2,079
3BR
$2,120
$2,430
+14.6%
$2,187–$2,673
4BR
$2,460
$2,780
+13.0%
$2,502–$3,058
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Evergreen Park, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,670
$1,890
$2,430
$2,780
FY 2026
$1,370
$1,460
$1,650
$2,120
$2,460
FY 2025
$1,340
$1,430
$1,620
$2,080
$2,440
FY 2024
$1,350
$1,450
$1,650
$2,100
$2,490
FY 2023
$1,130
$1,230
$1,410
$1,790
$2,130
Questions about Evergreen Park, IL rents
How much will Section 8 pay for a two-bedroom in Evergreen Park, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,890, that basic range is $1,701 to $2,079 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 Evergreen Park, IL in?
Evergreen Park, IL is in the Chicago-Joliet-Naperville, 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 Evergreen Park, IL for FY 2027?
The two-bedroom FMR rose 14.5%, from $1,650 in FY 2026 to $1,890 in FY 2027. Since FY 2023 it has risen 34.0%.
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