60433
ZIPSAFMR
Will County, IL
BRFMR
Eff. Rent
0 BR$1,320$1,150
1 BR$1,410$1,220
2 BR$1,590$1,520
3 BR$2,050$1,820
4 BR$2,370$2,190
5 BR$2,726
6 BR$3,134
7 BR$3,604
8 BR$4,145

Market Alignment

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

Studio
Studio
1.15ratio
FMR$1,320
Market$1,150
vs market+$170

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

1.15
1 BR
1 BR
1.16ratio
FMR$1,410
Market$1,220
vs market+$190

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

1.16
2 BR
2 BR
1.05ratio
FMR$1,590
Market$1,520
vs market+$70

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

1.05
3 BR
3 BR
1.13ratio
FMR$2,050
Market$1,820
vs market+$230

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

1.13
4 BR
4 BR
1.08ratio
FMR$2,370
Market$2,190
vs market+$180

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

1.08
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$174,357
Rent
$1,590
Down payment
$34,871
Loan
$139,485
Mortgage
$882
Expenses
$508
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60433 (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.

60433 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60433 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,590 and the 4 bedroom fair market rent is $2,370.

Use this page for searches like 60433 FMR, 60433 fair market rent, and 60433 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 60433
Bedroom sizeHUD FMR
Studio$1,320
1 bedroom$1,410
2 bedroom$1,590
3 bedroom$2,050
4 bedroom$2,370