60505
ZIPSAFMR
Kane County, IL
BRFMR
Eff. Rent
0 BR$1,340$1,220
1 BR$1,430$1,410
2 BR$1,610$1,610
3 BR$2,070$2,070
4 BR$2,400$2,400
5 BR$2,760
6 BR$3,174
7 BR$3,650
8 BR$4,198

Market Alignment

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

Studio
Studio
1.10ratio
FMR$1,340
Market$1,220
vs market+$120

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

1.10
1 BR
1 BR
1.01ratio
FMR$1,430
Market$1,410
vs market+$20

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

1.01
2 BR
2 BR
0.82ratio
FMR$1,610
Market$1,960
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
0.87ratio
FMR$2,070
Market$2,370
vs market-$300

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

0.87
4 BR
4 BR
0.88ratio
FMR$2,400
Market$2,720
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
$177,329
Rent
$1,610
Down payment
$35,466
Loan
$141,863
Mortgage
$897
Expenses
$513
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60505 (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.