60401
ZIPSAFMR
Kankakee County, IL
BRFMR
Eff. Rent
0 BR$1,170$1,170
1 BR$1,250$1,250
2 BR$1,410$1,410
3 BR$1,820$1,760
4 BR$2,100$1,880
5 BR$2,415
6 BR$2,777
7 BR$3,194
8 BR$3,673

Market Alignment

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

Studio
Studio
0.73ratio
FMR$1,170
Market$1,600
vs market-$430

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

0.73
1 BR
1 BR
0.78ratio
FMR$1,250
Market$1,610
vs market-$360

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

0.78
2 BR
2 BR
0.84ratio
FMR$1,410
Market$1,670
vs market-$260

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

0.84
3 BR
3 BR
1.03ratio
FMR$1,820
Market$1,760
vs market+$60

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

1.03
4 BR
4 BR
1.12ratio
FMR$2,100
Market$1,880
vs market+$220

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$147,609
Rent
$1,410
Down payment
$29,522
Loan
$118,087
Mortgage
$746
Expenses
$464
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60401 (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.