FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 60081
0.98ratio
FMR$1,470
Market$1,500
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 60081
0.98ratio
FMR$1,660
Market$1,690
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 60081
0.94ratio
FMR$2,130
Market$2,270
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 60081
0.98ratio
FMR$2,440
Market$2,480
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
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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Spring Grove, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Spring Grove, IL is $1,660 a month. That is up 9.9% from $1,510 in FY 2026. Spring Grove 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 Spring Grove is 73% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Spring Grove, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,390
+11.2%
$1,251–$1,529
1BR
$1,340
$1,470
+9.7%
$1,323–$1,617
2BR
$1,510
$1,660
+9.9%
$1,494–$1,826
3BR
$1,940
$2,130
+9.8%
$1,917–$2,343
4BR
$2,250
$2,440
+8.4%
$2,196–$2,684
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Spring Grove, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,390
$1,470
$1,660
$2,130
$2,440
FY 2026
$1,250
$1,340
$1,510
$1,940
$2,250
FY 2025
$1,370
$1,470
$1,660
$2,130
$2,500
FY 2024
$1,420
$1,530
$1,740
$2,220
$2,620
FY 2023
$1,290
$1,390
$1,600
$2,030
$2,410
Questions about Spring Grove, IL rents
How much will Section 8 pay for a two-bedroom in Spring Grove, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,660, that basic range is $1,494 to $1,826 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 Spring Grove, IL in?
Spring Grove, 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 Spring Grove, IL for FY 2027?
The two-bedroom FMR rose 9.9%, from $1,510 in FY 2026 to $1,660 in FY 2027. Since FY 2023 it has risen 3.8%.
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