IL/Cook County/SOUTH HOLLAND
SOUTH HOLLAND, IL
CitySAFMR
Cook County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,990$1,800
1 BR$2,130$1,680
2 BR$2,400$2,100
3 BR$3,090$2,600
4 BR$3,580$2,660
5 BR$4,117
6 BR$4,735
7 BR$5,445
8 BR$6,261

Purchase Price Calculator

Maximum purchase price
$250,143

Cost breakdown

+Likely effective rent$2,100
HUD FMR$2,400
Market rentUsed$2,100
Est. payment standard (92%)$2,210
Market rent is below the inferred standard ($2,210, 92% of FMR).
-Principal and interest-$1,265
Loan amount$200,114
Down payment$50,029
Rate6.50%
Term30 years
-Operating costs-$635
Property taxes-$250
Insurance-$175
Utilities$0
HOA$0
Management-$210
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,603(67.2% ROI)
Projected value
$269,376
Current value$250,143
Return breakdown
Property appreciation+$19,234
Loan principal paid down+$7,170
Rental cash flow+$7,200
5-year hold
+$57,656(115.2% ROI)
Projected value
$283,013
Current value$250,143
Return breakdown
Property appreciation+$32,871
Loan principal paid down+$12,785
Rental cash flow+$12,000
10-year hold
+$124,526(248.9% ROI)
Projected value
$320,204
Current value$250,143
Return breakdown
Property appreciation+$70,061
Loan principal paid down+$30,465
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 60473
1.11ratio
FMR$1,990
Market$1,800
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$1,791 / 1.00 ratio110% standard$2,189 / 1.22 ratio
1.11
1 BR
1 BR- 60473
1.27ratio
FMR$2,130
Market$1,680
vs market+$450

FMR is above market; underwrite to market rent.

90% standard$1,917 / 1.14 ratio110% standard$2,343 / 1.39 ratio
1.27
2 BR
2 BR- 60473
1.14ratio
FMR$2,400
Market$2,100
vs market+$300

FMR is above market; underwrite to market rent.

90% standard$2,160 / 1.03 ratio110% standard$2,640 / 1.26 ratio
1.14
3 BR
3 BR- 60473
1.19ratio
FMR$3,090
Market$2,600
vs market+$490

FMR is above market; underwrite to market rent.

90% standard$2,781 / 1.07 ratio110% standard$3,399 / 1.31 ratio
1.19
4 BR
4 BR- 60473
1.35ratio
FMR$3,580
Market$2,660
vs market+$920

FMR is above market; underwrite to market rent.

90% standard$3,222 / 1.21 ratio110% standard$3,938 / 1.48 ratio
1.35
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SOUTH HOLLAND, 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.

Related ZIPs

SOUTH HOLLAND, IL fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SOUTH HOLLAND, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,400 and the 4 bedroom fair market rent is $3,580.

Use this page for searches like SOUTH HOLLAND, IL FMR, SOUTH HOLLAND, IL fair market rent, and SOUTH HOLLAND, IL Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SOUTH HOLLAND, IL
Bedroom sizeHUD FMR
Studio$1,990
1 bedroom$2,130
2 bedroom$2,400
3 bedroom$3,090
4 bedroom$3,580