FMR is near market; voucher and private rents are aligned.
1.04
1 BR
1 BR- 60526
0.93ratio
FMR$1,720
Market$1,840
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 60526
0.90ratio
FMR$1,940
Market$2,160
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 60526
0.90ratio
FMR$2,490
Market$2,760
vs market-$270
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 60526
0.98ratio
FMR$2,850
Market$2,910
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.98
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
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La Grange Park, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in La Grange Park, IL is $1,940 a month. That is up 12.8% from $1,720 in FY 2026. La Grange 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 La Grange Park is 103% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for La Grange Park, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,430
$1,620
+13.3%
$1,458–$1,782
1BR
$1,530
$1,720
+12.4%
$1,548–$1,892
2BR
$1,720
$1,940
+12.8%
$1,746–$2,134
3BR
$2,210
$2,490
+12.7%
$2,241–$2,739
4BR
$2,560
$2,850
+11.3%
$2,565–$3,135
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for La Grange Park, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,620
$1,720
$1,940
$2,490
$2,850
FY 2026
$1,430
$1,530
$1,720
$2,210
$2,560
FY 2025
$1,420
$1,510
$1,710
$2,200
$2,580
FY 2024
$1,360
$1,460
$1,660
$2,110
$2,500
FY 2023
$1,130
$1,220
$1,400
$1,780
$2,110
Questions about La Grange Park, IL rents
How much will Section 8 pay for a two-bedroom in La Grange Park, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,940, that basic range is $1,746 to $2,134 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 Park, IL in?
La Grange 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 La Grange Park, IL for FY 2027?
The two-bedroom FMR rose 12.8%, from $1,720 in FY 2026 to $1,940 in FY 2027. Since FY 2023 it has risen 38.6%.
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