For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Warrensburg, IL is $1,040 a month. That is up 9.5% from $950 in FY 2026. Warrensburg is in the Decatur, IL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,091. The median county two-bedroom FMR in Illinois is $958, so Warrensburg is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Warrensburg, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$810
+8.0%
$729–$891
1BR
$760
$820
+7.9%
$738–$902
2BR
$950
$1,040
+9.5%
$936–$1,144
3BR
$1,230
$1,340
+8.9%
$1,206–$1,474
4BR
$1,520
$1,640
+7.9%
$1,476–$1,804
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Warrensburg, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$810
$820
$1,040
$1,340
$1,640
FY 2026
$750
$760
$950
$1,230
$1,520
FY 2025
$670
$700
$870
$1,160
$1,360
FY 2024
$590
$660
$810
$1,100
$1,190
FY 2023
$540
$630
$770
$1,090
$1,160
Questions about Warrensburg, IL rents
How much will Section 8 pay for a two-bedroom in Warrensburg, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,091, which applies unless the housing authority uses Small Area FMRs, that basic range is $982 to $1,200 a month; under the ZIP-level Small Area FMR of $1,040 it would be $936 to $1,144. 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 Warrensburg, IL in?
Warrensburg, IL is in the Decatur, IL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,091.
How much did fair market rent change in Warrensburg, IL for FY 2027?
The two-bedroom FMR rose 9.5%, from $950 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 35.1%.
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