60526
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$1,430$1,510
1 BR$1,530$1,680
2 BR$1,720$1,890
3 BR$2,210$2,430
4 BR$2,560$2,790
5 BR$2,944
6 BR$3,386
7 BR$3,893
8 BR$4,477

Purchase Price Calculator

Maximum purchase price
$218,937

Cost breakdown

+Likely effective rent$1,890
HUD FMR$1,720
Market rent$2,160
Est. payment standard (110%)Used$1,890
Estimated payment standard is $1,890 (110% of FMR).
-Principal and interest-$1,107
Loan amount$175,149
Down payment$43,787
Rate6.50%
Term30 years
-Operating costs-$583
Property taxes-$219
Insurance-$175
Utilities$0
HOA$0
Management-$189
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,309(69.2% ROI)
Projected value
$235,771
Current value$218,937
Return breakdown
Property appreciation+$16,834
Loan principal paid down+$6,275
Rental cash flow+$7,200
5-year hold
+$51,960(118.7% ROI)
Projected value
$247,707
Current value$218,937
Return breakdown
Property appreciation+$28,770
Loan principal paid down+$11,190
Rental cash flow+$12,000
10-year hold
+$111,985(255.7% ROI)
Projected value
$280,258
Current value$218,937
Return breakdown
Property appreciation+$61,321
Loan principal paid down+$26,665
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.92ratio
FMR$1,430
Market$1,560
vs market-$130

FMR is near market; voucher and private rents are aligned.

90% standard$1,287 / 0.82 ratio110% standard$1,573 / 1.01 ratio
0.92
1 BR
1 BR
0.83ratio
FMR$1,530
Market$1,840
vs market-$310

FMR is below market; voucher rent may lag private rents.

90% standard$1,377 / 0.75 ratio110% standard$1,683 / 0.91 ratio
0.83
2 BR
2 BR
0.80ratio
FMR$1,720
Market$2,160
vs market-$440

FMR is below market; voucher rent may lag private rents.

90% standard$1,548 / 0.72 ratio110% standard$1,892 / 0.88 ratio
0.80
3 BR
3 BR
0.80ratio
FMR$2,210
Market$2,760
vs market-$550

FMR is below market; voucher rent may lag private rents.

90% standard$1,989 / 0.72 ratio110% standard$2,431 / 0.88 ratio
0.80
4 BR
4 BR
0.88ratio
FMR$2,560
Market$2,910
vs market-$350

FMR is below market; voucher rent may lag private rents.

90% standard$2,304 / 0.79 ratio110% standard$2,816 / 0.97 ratio
0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60526 (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.

60526 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60526 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,720 and the 4 bedroom fair market rent is $2,560.

Use this page for searches like 60526 FMR, 60526 fair market rent, and 60526 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 60526
Bedroom sizeHUD FMR
Studio$1,430
1 bedroom$1,530
2 bedroom$1,720
3 bedroom$2,210
4 bedroom$2,560