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IL/Kendall County/Sugar Grove

Sugar Grove, IL

CitySAFMR
Kendall County
Found 1 ZIP

City Median Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$1,460$1,550
1 BR$1,550$1,650
2 BR$1,750$1,920
3 BR$2,250$2,450
4 BR$2,570$2,750
5 BR$2,955Not available
6 BR$3,399Not available
7 BR$3,909Not available
8 BR$4,495Not available

Purchase Price Calculator

Maximum purchase price
$223,395

Cost breakdown

+Likely effective rent$1,920
HUD FMR$1,750
Market rent$2,010
Est. payment standard (110%)Used$1,920
-Principal and interest-$1,130
Loan amount$178,716
Down payment$44,679
Rate6.50%
Term30 years
-Operating costs-$590
Property taxes-$223
Insurance-$175
Utilities$0
HOA$0
Management-$192
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,780(68.9% ROI)
Projected value
$240,572
Return breakdown
Property appreciation+$17,177
Loan principal paid down+$6,403
Rental cash flow+$7,200
5-year hold
+$52,774(118.1% ROI)
Projected value
$252,751
Return breakdown
Property appreciation+$29,356
Loan principal paid down+$11,418
Rental cash flow+$12,000
10-year hold
+$113,777(254.7% ROI)
Projected value
$285,964
Return breakdown
Property appreciation+$62,569
Loan principal paid down+$27,207
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.91
1 BR
0.91
2 BR
0.87
3 BR
0.88
4 BR
0.90
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Sugar Grove, IL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sugar Grove, IL is $1,750 a month. That is up 21.5% from $1,440 in FY 2026. Sugar Grove is in the Kendall County, 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 Sugar Grove is 83% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Sugar Grove, IL
BedroomsFY 2027Change90–110% range
Studio$1,460+21.7%$1,314–$1,606
1BR$1,550+21.1%$1,395–$1,705
2BR$1,750+21.5%$1,575–$1,925
3BR$2,250+21.6%$2,025–$2,475
4BR$2,570+19.5%$2,313–$2,827

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Sugar Grove, IL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,460$1,550$1,750$2,250$2,570
FY 2026$1,200$1,280$1,440$1,850$2,150
FY 2025$1,240$1,330$1,500$1,930$2,260
FY 2024$1,300$1,400$1,590$2,020$2,400
FY 2023$1,230$1,330$1,530$1,940$2,310

Questions about Sugar Grove, IL rents

How much will Section 8 pay for a two-bedroom in Sugar Grove, IL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 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 Sugar Grove, IL in?

Sugar Grove, IL is in the Kendall County, 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 Sugar Grove, IL for FY 2027?

The two-bedroom FMR rose 21.5%, from $1,440 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has risen 14.4%.

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