60465
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$1,350$1,350
1 BR$1,440$1,440
2 BR$1,620$1,620
3 BR$2,090$2,090
4 BR$2,410$2,410
5 BR$2,772
6 BR$3,187
7 BR$3,665
8 BR$4,215

Market Alignment

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

Studio
Studio
0.92ratio
FMR$1,350
Market$1,470
vs market-$120

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

0.92
1 BR
1 BR
0.88ratio
FMR$1,440
Market$1,640
vs market-$200

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

0.88
2 BR
2 BR
0.82ratio
FMR$1,620
Market$1,970
vs market-$350

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

0.82
3 BR
3 BR
0.77ratio
FMR$2,090
Market$2,710
vs market-$620

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

0.77
4 BR
4 BR
0.70ratio
FMR$2,410
Market$3,430
vs market-$1,020

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

0.70
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
$178,815
Rent
$1,620
Down payment
$35,763
Loan
$143,052
Mortgage
$904
Expenses
$516
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60465 (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.