FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR- 60536
1.08ratio
FMR$1,410
Market$1,300
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 60536
1.14ratio
FMR$1,850
Market$1,620
vs market+$230
FMR is above market; underwrite to market rent.
1.14
3 BR
3 BR- 60536
1.45ratio
FMR$2,540
Market$1,750
vs market+$790
FMR is above market; underwrite to market rent.
1.45
4 BR
4 BR- 60536
1.24ratio
FMR$2,630
Market$2,120
vs market+$510
FMR is above market; underwrite to market rent.
1.24
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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Millbrook, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Millbrook, IL is $1,850 a month. That is up 8.8% from $1,700 in FY 2026. Millbrook is in the Kendall County, IL HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,341. The median county two-bedroom FMR in Illinois is $958, so Millbrook is 93% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Millbrook, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,290
$1,280
−0.8%
$1,152–$1,408
1BR
$1,300
$1,410
+8.5%
$1,269–$1,551
2BR
$1,700
$1,850
+8.8%
$1,665–$2,035
3BR
$2,380
$2,540
+6.7%
$2,286–$2,794
4BR
$2,460
$2,630
+6.9%
$2,367–$2,893
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Millbrook, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,280
$1,410
$1,850
$2,540
$2,630
FY 2026
$1,290
$1,300
$1,700
$2,380
$2,460
FY 2025
$1,070
$1,200
$1,570
$2,210
$2,310
FY 2024
$980
$990
$1,300
$1,840
$1,870
FY 2023
$890
$900
$1,180
$1,670
$1,720
Questions about Millbrook, IL rents
How much will Section 8 pay for a two-bedroom in Millbrook, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,341, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,107 to $2,575 a month; under the ZIP-level Small Area FMR of $1,850 it would be $1,665 to $2,035. 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 Millbrook, IL in?
Millbrook, IL is in the Kendall County, IL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,341.
How much did fair market rent change in Millbrook, IL for FY 2027?
The two-bedroom FMR rose 8.8%, from $1,700 in FY 2026 to $1,850 in FY 2027. Since FY 2023 it has risen 56.8%.
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