IL/Cook County/LAKE ZURICH
LAKE ZURICH, IL
CitySAFMR
Cook County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,950$1,950
1 BR$2,090$2,090
2 BR$2,350$2,350
3 BR$3,030$2,910
4 BR$3,500$3,480
5 BR$4,025
6 BR$4,629
7 BR$5,323
8 BR$6,122

Market Alignment

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

Studio
Studio· 60047
0.86ratio
FMR$1,950
Market$2,270
vs market-$320

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
1 BR
1 BR· 60047
0.95ratio
FMR$2,090
Market$2,190
vs market-$100

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

0.95
2 BR
2 BR· 60047
0.87ratio
FMR$2,350
Market$2,690
vs market-$340

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.87
3 BR
3 BR· 60047
1.04ratio
FMR$3,030
Market$2,910
vs market+$120

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

1.04
4 BR
4 BR· 60047
1.01ratio
FMR$3,500
Market$3,480
vs market+$20

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

1.01
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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
$287,293
Rent
$2,350
Down payment
$57,459
Loan
$229,834
Mortgage
$1,453
Expenses
$697
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for LAKE ZURICH, 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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