FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR- 62087
0.93ratio
FMR$830
Market$890
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 62087
1.00ratio
FMR$1,010
Market$1,010
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 62087
0.86ratio
FMR$1,300
Market$1,520
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR- 62087
0.99ratio
FMR$1,500
Market$1,510
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
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
--
South Roxana, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Roxana, IL is $1,010 a month. That is up 2.0% from $990 in FY 2026. South Roxana is in the St. Louis, MO-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 South Roxana is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Roxana, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$760
$800
+5.3%
$720–$880
1BR
$800
$830
+3.8%
$747–$913
2BR
$990
$1,010
+2.0%
$909–$1,111
3BR
$1,270
$1,300
+2.4%
$1,170–$1,430
4BR
$1,480
$1,500
+1.4%
$1,350–$1,650
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Roxana, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$800
$830
$1,010
$1,300
$1,500
FY 2026
$760
$800
$990
$1,270
$1,480
FY 2025
$840
$880
$1,090
$1,410
$1,640
FY 2024
$680
$720
$900
$1,170
$1,370
FY 2023
$630
$680
$860
$1,110
$1,310
Questions about South Roxana, IL rents
How much will Section 8 pay for a two-bedroom in South Roxana, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,010, that basic range is $909 to $1,111 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 South Roxana, IL in?
South Roxana, IL is in the St. Louis, MO-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 South Roxana, IL for FY 2027?
The two-bedroom FMR rose 2.0%, from $990 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 17.4%.
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