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IL/McHenry County/Woodstock

Woodstock, IL

CitySAFMR
McHenry County
Found 1 ZIP

City Median Investment Score

81Below average

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,410
1 BR$1,480$1,540
2 BR$1,670$1,770
3 BR$2,150$2,060
4 BR$2,450$2,380
5 BR$2,818Not available
6 BR$3,240Not available
7 BR$3,726Not available
8 BR$4,285Not available

Purchase Price Calculator

Maximum purchase price
$201,105

Cost breakdown

+Likely effective rent$1,770
HUD FMR$1,670
Market rent$1,830
Est. payment standard (106%)Used$1,770
-Principal and interest-$1,017
Loan amount$160,884
Down payment$40,221
Rate6.50%
Term30 years
-Operating costs-$553
Property taxes-$201
Insurance-$175
Utilities$0
HOA$0
Management-$177
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,427(70.7% ROI)
Projected value
$216,568
Return breakdown
Property appreciation+$15,463
Loan principal paid down+$5,764
Rental cash flow+$7,200
5-year hold
+$48,706(121.1% ROI)
Projected value
$227,532
Return breakdown
Property appreciation+$26,427
Loan principal paid down+$10,279
Rental cash flow+$12,000
10-year hold
+$104,819(260.6% ROI)
Projected value
$257,431
Return breakdown
Property appreciation+$56,326
Loan principal paid down+$24,493
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.98
1 BR
0.94
2 BR
0.91
3 BR
1.04
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Woodstock, IL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Woodstock, IL is $1,670 a month. That is up 9.2% from $1,530 in FY 2026. Woodstock 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 Woodstock is 74% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Woodstock, IL
BedroomsFY 2027Change90–110% range
Studio$1,390+9.4%$1,251–$1,529
1BR$1,480+8.8%$1,332–$1,628
2BR$1,670+9.2%$1,503–$1,837
3BR$2,150+9.1%$1,935–$2,365
4BR$2,450+7.5%$2,205–$2,695

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Woodstock, IL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,480$1,670$2,150$2,450
FY 2026$1,270$1,360$1,530$1,970$2,280
FY 2025$1,340$1,430$1,620$2,080$2,440
FY 2024$1,310$1,420$1,610$2,050$2,430
FY 2023$1,100$1,190$1,370$1,740$2,070

Questions about Woodstock, IL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,670, that basic range is $1,503 to $1,837 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 Woodstock, IL in?

Woodstock, 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 Woodstock, IL for FY 2027?

The two-bedroom FMR rose 9.2%, from $1,530 in FY 2026 to $1,670 in FY 2027. Since FY 2023 it has risen 21.9%.

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