60304
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$1,350$1,350
1 BR$1,450$1,450
2 BR$1,630$1,630
3 BR$2,100$2,100
4 BR$2,430$2,430
5 BR$2,795
6 BR$3,214
7 BR$3,696
8 BR$4,250

Market Alignment

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

Studio
Studio
0.94ratio
FMR$1,350
Market$1,430
vs market-$80

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

0.94
1 BR
1 BR
0.89ratio
FMR$1,450
Market$1,630
vs market-$180

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

0.89
2 BR
2 BR
0.79ratio
FMR$1,630
Market$2,070
vs market-$440

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

0.79
3 BR
3 BR
0.86ratio
FMR$2,100
Market$2,430
vs market-$330

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

0.86
4 BR
4 BR
0.84ratio
FMR$2,430
Market$2,880
vs market-$450

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

0.84
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
$180,301
Rent
$1,630
Down payment
$36,060
Loan
$144,241
Mortgage
$912
Expenses
$518
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60304 (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.