FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 60539
1.05ratio
FMR$2,560
Market$2,440
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 60539
1.04ratio
FMR$2,920
Market$2,810
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.04
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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Mooseheart, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mooseheart, IL is $1,990 a month. That is up 12.4% from $1,770 in FY 2026. Mooseheart 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 Mooseheart is 108% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mooseheart, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,480
$1,660
+12.2%
$1,494–$1,826
1BR
$1,570
$1,760
+12.1%
$1,584–$1,936
2BR
$1,770
$1,990
+12.4%
$1,791–$2,189
3BR
$2,280
$2,560
+12.3%
$2,304–$2,816
4BR
$2,640
$2,920
+10.6%
$2,628–$3,212
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mooseheart, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,660
$1,760
$1,990
$2,560
$2,920
FY 2026
$1,480
$1,570
$1,770
$2,280
$2,640
FY 2025
$1,470
$1,580
$1,780
$2,290
$2,690
FY 2024
$1,430
$1,540
$1,750
$2,230
$2,640
FY 2023
$1,160
$1,260
$1,440
$1,830
$2,170
Questions about Mooseheart, IL rents
How much will Section 8 pay for a two-bedroom in Mooseheart, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 Mooseheart, IL in?
Mooseheart, 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 Mooseheart, IL for FY 2027?
The two-bedroom FMR rose 12.4%, from $1,770 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 38.2%.
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