FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 60532
1.18ratio
FMR$3,060
Market$2,600
vs market+$460
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 60532
1.26ratio
FMR$3,500
Market$2,780
vs market+$720
FMR is above market; underwrite to market rent.
1.26
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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Lisle, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lisle, IL is $2,380 a month. That is up 16.7% from $2,040 in FY 2026. Lisle 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 Lisle is 149% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lisle, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,690
$1,990
+17.8%
$1,791–$2,189
1BR
$1,810
$2,110
+16.6%
$1,899–$2,321
2BR
$2,040
$2,380
+16.7%
$2,142–$2,618
3BR
$2,630
$3,060
+16.3%
$2,754–$3,366
4BR
$3,040
$3,500
+15.1%
$3,150–$3,850
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lisle, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,990
$2,110
$2,380
$3,060
$3,500
FY 2026
$1,690
$1,810
$2,040
$2,630
$3,040
FY 2025
$1,710
$1,830
$2,070
$2,660
$3,120
FY 2024
$1,710
$1,840
$2,090
$2,660
$3,150
FY 2023
$1,490
$1,610
$1,850
$2,350
$2,790
Questions about Lisle, IL rents
How much will Section 8 pay for a two-bedroom in Lisle, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,380, that basic range is $2,142 to $2,618 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 Lisle, IL in?
Lisle, 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 Lisle, IL for FY 2027?
The two-bedroom FMR rose 16.7%, from $2,040 in FY 2026 to $2,380 in FY 2027. Since FY 2023 it has risen 28.6%.
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