FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 60469
1.13ratio
FMR$2,460
Market$2,180
vs market+$280
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 60469
1.12ratio
FMR$2,810
Market$2,510
vs market+$300
FMR is above market; underwrite to market rent.
1.12
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Posen, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Posen, IL is $1,910 a month. That is up 14.4% from $1,670 in FY 2026. Posen 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 Posen is 99% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Posen, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,390
$1,590
+14.4%
$1,431–$1,749
1BR
$1,480
$1,690
+14.2%
$1,521–$1,859
2BR
$1,670
$1,910
+14.4%
$1,719–$2,101
3BR
$2,150
$2,460
+14.4%
$2,214–$2,706
4BR
$2,490
$2,810
+12.9%
$2,529–$3,091
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Posen, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,590
$1,690
$1,910
$2,460
$2,810
FY 2026
$1,390
$1,480
$1,670
$2,150
$2,490
FY 2025
$1,330
$1,430
$1,610
$2,070
$2,430
FY 2024
$1,260
$1,350
$1,540
$1,960
$2,320
FY 2023
$1,050
$1,140
$1,310
$1,660
$1,980
Questions about Posen, IL rents
How much will Section 8 pay for a two-bedroom in Posen, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,910, that basic range is $1,719 to $2,101 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 Posen, IL in?
Posen, 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 Posen, IL for FY 2027?
The two-bedroom FMR rose 14.4%, from $1,670 in FY 2026 to $1,910 in FY 2027. Since FY 2023 it has risen 45.8%.
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