60007
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$1,650$1,650
1 BR$1,770$1,770
2 BR$1,990$1,990
3 BR$2,560$2,550
4 BR$2,960$2,960
5 BR$3,404
6 BR$3,915
7 BR$4,502
8 BR$5,177

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.83ratio
FMR$1,650
Market$1,990
vs market-$340

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.83
1 BR
1 BR
0.83ratio
FMR$1,770
Market$2,130
vs market-$360

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.83
2 BR
2 BR
0.87ratio
FMR$1,990
Market$2,280
vs market-$290

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.87
3 BR
3 BR
1.00ratio
FMR$2,560
Market$2,550
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
4 BR
4 BR
0.99ratio
FMR$2,960
Market$2,990
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.99
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$233,797
Rent
$1,990
Down payment
$46,759
Loan
$187,037
Mortgage
$1,182
Expenses
$608
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60007 (IL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.