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Kane County/Gilberts/60136

60136

ZIPSAFMR
Kane County, IL
Zillow

ZIP Investment Score

115Above average

095130300
BRFMR
Eff. Rent
0 BR$2,210$1,980
1 BR$2,350$2,020
2 BR$2,650$2,410
3 BR$3,410$2,620
4 BR$3,890$3,050
5 BR$4,474Not available
6 BR$5,145Not available
7 BR$5,916Not available
8 BR$6,804Not available

Purchase Price Calculator

Maximum purchase price
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,650
Market rentUsed$2,410
Est. payment standard (94%)$2,490
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.16
2 BR
1.10
3 BR
1.30
4 BR
1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 60136 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 60136 (Gilberts, IL) is $2,650 a month. That is up 11.8% from $2,370 in FY 2026. Gilberts 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. Among 42 ZIP codes in Kane County, 60136 has the 10th-highest two-bedroom rent (county range $1,510–$3,020). The median county two-bedroom FMR in Illinois is $958, so ZIP 60136 is 177% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 60136
BedroomsFY 2027Change90–110% range
Studio$2,210+12.2%$1,989–$2,431
1BR$2,350+11.9%$2,115–$2,585
2BR$2,650+11.8%$2,385–$2,915
3BR$3,410+11.8%$3,069–$3,751
4BR$3,890+10.2%$3,501–$4,279

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 60136
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,210$2,350$2,650$3,410$3,890
FY 2026$1,970$2,100$2,370$3,050$3,530
FY 2025$1,820$1,940$2,190$2,820$3,310
FY 2024$1,810$1,950$2,210$2,820$3,330
FY 2023$1,520$1,640$1,890$2,400$2,850

Two-bedroom rent in nearby Kane County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 60136
60120$1,910−27.9%
60121$1,980−25.3%
60123$1,790−32.5%
60124$2,690+1.5%
60134$2,460−7.2%
60135$1,510−43.0%
60136Current$2,650—
60140$2,020−23.8%
60142$2,120−20.0%
60144$1,560−41.1%
60147$1,980−25.3%
60151$2,240−15.5%

Questions about ZIP 60136 rents

How much will Section 8 pay for a two-bedroom in ZIP 60136?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,650, that basic range is $2,385 to $2,915 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 ZIP 60136 in?

ZIP 60136 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 ZIP 60136 for FY 2027?

The two-bedroom FMR rose 11.8%, from $2,370 in FY 2026 to $2,650 in FY 2027. Since FY 2023 it has risen 40.2%.

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

County fair market rentGilberts, IL fair market rentIL statewide rentsWhat is SAFMR?Data sources