60453
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$1,360$1,300
1 BR$1,460$1,460
2 BR$1,640$1,640
3 BR$2,110$2,110
4 BR$2,440$2,440
5 BR$2,806
6 BR$3,227
7 BR$3,711
8 BR$4,268

Market Alignment

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

Studio
Studio
1.05ratio
FMR$1,360
Market$1,300
vs market+$60

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

1.05
1 BR
1 BR
0.97ratio
FMR$1,460
Market$1,510
vs market-$50

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

0.97
2 BR
2 BR
0.91ratio
FMR$1,640
Market$1,800
vs market-$160

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

0.91
3 BR
3 BR
1.00ratio
FMR$2,110
Market$2,120
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
0.88ratio
FMR$2,440
Market$2,760
vs market-$320

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

0.88
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
$181,787
Rent
$1,640
Down payment
$36,357
Loan
$145,429
Mortgage
$919
Expenses
$521
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60453 (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.