FREEPORT, IL
CitySAFMR
Stephenson County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$700$620
1 BR$700$700
2 BR$920$790
3 BR$1,130$950
4 BR$1,350$1,010
5 BR$1,552
6 BR$1,785
7 BR$2,053
8 BR$2,361

Market Alignment

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

Studio
Studio· 61032
1.13ratio
FMR$700
Market$620
vs market+$80

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

1.13
1 BR
1 BR· 61032
1.00ratio
FMR$700
Market$700
vs market+$0

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

1.00
2 BR
2 BR· 61032
1.16ratio
FMR$920
Market$790
vs market+$130

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

1.16
3 BR
3 BR· 61032
1.19ratio
FMR$1,130
Market$950
vs market+$180

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

1.19
4 BR
4 BR· 61032
1.34ratio
FMR$1,350
Market$1,010
vs market+$340

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

1.34
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
$74,795
Rent
$920
Down payment
$14,959
Loan
$59,836
Mortgage
$378
Expenses
$342
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for FREEPORT, 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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