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Home/IL/Ford County

Ford County, IL

CountySAFMR
Found 26 ZIPs
Zillow

County Median Investment Score

116Above average

095130300
BRFMR
Eff. Rent
0 BR$650 – $990$630 – $980
1 BR$710 – $1,010$690 – $1,010
2 BR$930 – $1,330$730 – $1,330
3 BR$1,150 – $1,750$810 – $1,750
4 BR$1,240 – $1,900$810 – $1,900
5 BR$1,794Not available
6 BR$2,063Not available
7 BR$2,373Not available
8 BR$2,728Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.57
1 BR
1.45
2 BR
1.62
3 BR
1.83
4 BR
1.91
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Ford County, IL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 26 ZIP codes in Ford County, IL ranges from $930 to $1,330 a month, with a median of $1,075. That is up 5.4% from $1,020 in FY 2026. Ford County is in the Ford County, IL HUD Metro FMR Area. 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 $930. The median county two-bedroom FMR in Illinois is $958, so Ford County is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Ford County, IL
BedroomsFY 2027Change90–110% range
Studio$835+3.1%$752–$919
1BR$860+4.9%$774–$946
2BR$1,075+5.4%$968–$1,183
3BR$1,410+6.0%$1,269–$1,551
4BR$1,560+4.3%$1,404–$1,716

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Ford County, IL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$835$860$1,075$1,410$1,560
FY 2026$810$820$1,020$1,330$1,495
FY 2025$715$790$985$1,305$1,375
FY 2024$780$790$970$1,320$1,430
FY 2023$750$750$890$1,200$1,330

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
61720$1,330+23.7%
60917$1,320+22.8%
60941$1,290+20.0%
61773$1,260+17.2%
60919$1,200+11.6%
61840$1,190+10.7%
60936$1,180+9.8%
60949$1,180+9.8%
61731$1,180+9.8%
61845$1,180+9.8%
60962$1,160+7.9%
61775$1,140+6.0%
60946$1,100+2.3%
60929$1,050−2.3%
60957$1,030−4.2%
60960$1,010−6.0%
60948$990−7.9%
60911$980−8.8%
60927$980−8.8%
60918$960−10.7%
60933$940−12.6%
60921$930−13.5%
60952$930−13.5%
60955$930−13.5%

Showing the 24 highest of 26 ZIP codes.

Questions about Ford County, IL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $930, which applies unless the housing authority uses Small Area FMRs, that basic range is $837 to $1,023 a month; under the ZIP-level Small Area FMR of $1,075 it would be $968 to $1,183. 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 Ford County, IL in?

Ford County, IL is in the Ford County, IL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $930.

How much did fair market rent change in Ford County, IL for FY 2027?

The two-bedroom FMR rose 5.4%, from $1,020 in FY 2026 to $1,075 in FY 2027. Since FY 2023 it has risen 20.8%.

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

IL statewide rentsWhat is SAFMR?Data sources