FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 60525
1.01ratio
FMR$1,810
Market$1,800
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 60525
0.98ratio
FMR$2,050
Market$2,090
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 60525
0.86ratio
FMR$2,640
Market$3,080
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR- 60525
0.87ratio
FMR$3,010
Market$3,470
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.87
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
--
La Grange, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in La Grange, IL is $2,050 a month. That is up 15.8% from $1,770 in FY 2026. La Grange 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 La Grange is 114% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for La Grange, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,470
$1,710
+16.3%
$1,539–$1,881
1BR
$1,570
$1,810
+15.3%
$1,629–$1,991
2BR
$1,770
$2,050
+15.8%
$1,845–$2,255
3BR
$2,280
$2,640
+15.8%
$2,376–$2,904
4BR
$2,640
$3,010
+14.0%
$2,709–$3,311
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for La Grange, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,710
$1,810
$2,050
$2,640
$3,010
FY 2026
$1,470
$1,570
$1,770
$2,280
$2,640
FY 2025
$1,420
$1,520
$1,720
$2,210
$2,600
FY 2024
$1,350
$1,450
$1,650
$2,100
$2,490
FY 2023
$1,090
$1,190
$1,360
$1,730
$2,050
Questions about La Grange, IL rents
How much will Section 8 pay for a two-bedroom in La Grange, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,050, that basic range is $1,845 to $2,255 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 La Grange, IL in?
La Grange, 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 La Grange, IL for FY 2027?
The two-bedroom FMR rose 15.8%, from $1,770 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 50.7%.
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