FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 60141
0.69ratio
FMR$980
Market$1,420
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR- 60141
0.59ratio
FMR$1,100
Market$1,870
vs market-$770
FMR is below market; voucher rent may lag private rents.
0.59
3 BR
3 BR- 60141
0.55ratio
FMR$1,400
Market$2,540
vs market-$1,140
FMR is below market; voucher rent may lag private rents.
0.55
4 BR
4 BR- 60141
0.59ratio
FMR$1,660
Market$2,830
vs market-$1,170
FMR is below market; voucher rent may lag private rents.
0.59
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
--
Hines, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hines, IL is $1,100 a month. That is down 9.8% from $1,220 in FY 2026. Hines 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 Hines is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hines, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,000
$900
−10.0%
$810–$990
1BR
$1,080
$980
−9.3%
$882–$1,078
2BR
$1,220
$1,100
−9.8%
$990–$1,210
3BR
$1,550
$1,400
−9.7%
$1,260–$1,540
4BR
$1,840
$1,660
−9.8%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hines, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$900
$980
$1,100
$1,400
$1,660
FY 2026
$1,000
$1,080
$1,220
$1,550
$1,840
FY 2025
$1,110
$1,190
$1,350
$1,720
$2,040
FY 2024
$1,230
$1,320
$1,500
$1,910
$2,260
FY 2023
$1,020
$1,100
$1,270
$1,610
$1,910
Questions about Hines, IL rents
How much will Section 8 pay for a two-bedroom in Hines, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,100, that basic range is $990 to $1,210 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 Hines, IL in?
Hines, 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 Hines, IL for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,220 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has fallen 13.4%.
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