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Cook County/La Grange/60525

60525

ZIPSAFMR
Cook County, IL
Zillow

ZIP Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,710$1,610
1 BR$1,810$1,800
2 BR$2,050$2,080
3 BR$2,640$2,900
4 BR$3,010$3,310
5 BR$3,461Not available
6 BR$3,981Not available
7 BR$4,578Not available
8 BR$5,265Not available

Purchase Price Calculator

Maximum purchase price
$247,171

Cost breakdown

+Likely effective rent$2,080
HUD FMR$2,050
Market rent$2,090
Est. payment standard (101%)Used$2,080
-Principal and interest-$1,250
Loan amount$197,737
Down payment$49,434
Rate6.50%
Term30 years
-Operating costs-$630
Property taxes-$247
Insurance-$175
Utilities$0
HOA$0
Management-$208
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,290(67.3% ROI)
Projected value
$266,176
Return breakdown
Property appreciation+$19,005
Loan principal paid down+$7,084
Rental cash flow+$7,200
5-year hold
+$57,114(115.5% ROI)
Projected value
$279,651
Return breakdown
Property appreciation+$32,480
Loan principal paid down+$12,633
Rental cash flow+$12,000
10-year hold
+$123,332(249.5% ROI)
Projected value
$316,399
Return breakdown
Property appreciation+$69,229
Loan principal paid down+$30,103
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.06
1 BR
1.01
2 BR
0.98
3 BR
0.86
4 BR
0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 60525 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 60525 (La Grange, IL) is $2,050 a month. That is up 15.8% from $1,770 in FY 2026. La Grange is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 222 ZIP codes in Cook County, 60525 has the 90th-highest two-bedroom rent (county range $1,100–$3,020). The median county two-bedroom FMR in Illinois is $958, so ZIP 60525 is 114% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 60525
BedroomsFY 2027Change90–110% range
Studio$1,710+16.3%$1,539–$1,881
1BR$1,810+15.3%$1,629–$1,991
2BR$2,050+15.8%$1,845–$2,255
3BR$2,640+15.8%$2,376–$2,904
4BR$3,010+14.0%$2,709–$3,311

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 60525
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,710$1,810$2,050$2,640$3,010
FY 2026$1,470$1,570$1,770$2,280$2,640
FY 2025$1,420$1,520$1,720$2,210$2,600
FY 2024$1,350$1,450$1,650$2,100$2,490
FY 2023$1,090$1,190$1,360$1,730$2,050

Two-bedroom rent in nearby Cook County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 60525
60491$2,340+14.1%
60499$1,980−3.4%
60501$1,530−25.4%
60513$1,840−10.2%
60521$2,670+30.2%
60523$1,380−32.7%
60525Current$2,050—
60526$1,940−5.4%
60527$2,180+6.3%
60534$1,530−25.4%
60546$1,810−11.7%
60558$2,710+32.2%

Questions about ZIP 60525 rents

How much will Section 8 pay for a two-bedroom in ZIP 60525?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,050, that basic range is $1,845 to $2,255 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 60525 in?

ZIP 60525 is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 60525 for FY 2027?

The two-bedroom FMR rose 15.8%, from $1,770 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 50.7%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentLa Grange, IL fair market rentIL statewide rentsWhat is SAFMR?Data sources