Skip to main content
Loading page
Home/IL/McDonough County

McDonough County, IL

CountySAFMR
Found 19 ZIPs
Zillow

County Median Investment Score

123Above average

095130300
BRFMR
Eff. Rent
0 BR$650 – $720$640 – $720
1 BR$710 – $790$650 – $790
2 BR$930 – $1,030$810 – $1,030
3 BR$1,150 – $1,310$890 – $1,310
4 BR$1,370 – $1,710$930 – $1,710
5 BR$1,782Not available
6 BR$2,050Not available
7 BR$2,357Not available
8 BR$2,711Not available

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
2
1.02-1.02
1 BR
2
1.11-1.12
2 BR
1
1
1.03-1.19
3 BR
1
1
1.18-1.37
4 BR
1
1
1.22-1.72
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

McDonough County, IL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 19 ZIP codes in McDonough County, IL ranges from $930 to $1,030 a month, with a median of $940. That is unchanged from FY 2026. McDonough County is its own non-metropolitan 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 county-wide two-bedroom FMR of $930. The median county two-bedroom FMR in Illinois is $958, so McDonough County is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for McDonough County, IL
BedroomsFY 2027Change90–110% range
Studio$650−3.0%$585–$715
1BR$750+1.4%$675–$825
2BR$9400.0%$846–$1,034
3BR$1,230−0.8%$1,107–$1,353
4BR$1,550+6.2%$1,395–$1,705

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for McDonough County, IL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$650$750$940$1,230$1,550
FY 2026$670$740$940$1,240$1,460
FY 2025$600$680$870$1,130$1,330
FY 2024$615$615$815$1,070$1,260
FY 2023$610$615$810$995$1,330

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
61420$1,030+9.6%
62374$1,020+8.5%
61470$990+5.3%
61473$990+5.3%
61475$980+4.3%
62326$960+2.1%
61450$950+1.1%
62367$950+1.1%
61416$9400.0%
61438$9400.0%
61455$9400.0%
61411$930−1.1%
61415$930−1.1%
61422$930−1.1%
61440$930−1.1%
61452$930−1.1%
61459$930−1.1%
61482$930−1.1%
61484$930−1.1%

Questions about McDonough County, IL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-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 $940 it would be $846 to $1,034. 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 McDonough County, IL in?

McDonough County, IL is its own non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $930.

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

The two-bedroom FMR was unchanged at $940 in FY 2027. Since FY 2023 it has risen 16.0%.

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