SAVOY, IL
CitySAFMR
Champaign County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$860$860
1 BR$860$860
2 BR$1,020$1,020
3 BR$1,310$1,310
4 BR$1,350$1,350
5 BR$1,552
6 BR$1,785
7 BR$2,053
8 BR$2,361

Market Alignment

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

Studio
Studio· 61874
0.88ratio
FMR$860
Market$980
vs market-$120

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

0.88
1 BR
1 BR· 61874
0.70ratio
FMR$860
Market$1,230
vs market-$370

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

0.70
2 BR
2 BR· 61874
0.76ratio
FMR$1,020
Market$1,340
vs market-$320

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

0.76
3 BR
3 BR· 61874
0.70ratio
FMR$1,310
Market$1,880
vs market-$570

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

0.70
4 BR
4 BR· 61874
0.54ratio
FMR$1,350
Market$2,520
vs market-$1,170

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

0.54
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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
$89,655
Rent
$1,020
Down payment
$17,931
Loan
$71,724
Mortgage
$453
Expenses
$367
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SAVOY, 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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