60543
ZIPSAFMR
Will County, IL
BRFMR
Eff. Rent
0 BR$1,140$1,250
1 BR$1,270$1,400
2 BR$1,660$1,830
3 BR$2,280$2,510
4 BR$2,360$2,600
5 BR$2,714
6 BR$3,121
7 BR$3,589
8 BR$4,128

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMR$1,660
Market rent$2,360
Est. payment standard (110%)Used$1,830
Estimated payment standard is $1,830 (110% of FMR).
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Current value$210,021
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Current value$210,021
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Current value$210,021
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
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
0.73ratio
FMR$1,140
Market$1,570
vs market-$430

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

90% standard$1,026 / 0.65 ratio110% standard$1,254 / 0.80 ratio
0.73
1 BR
1 BR
0.57ratio
FMR$1,270
Market$2,220
vs market-$950

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

90% standard$1,143 / 0.51 ratio110% standard$1,397 / 0.63 ratio
0.57
2 BR
2 BR
0.70ratio
FMR$1,660
Market$2,360
vs market-$700

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

90% standard$1,494 / 0.63 ratio110% standard$1,826 / 0.77 ratio
0.70
3 BR
3 BR
0.85ratio
FMR$2,280
Market$2,690
vs market-$410

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

90% standard$2,052 / 0.76 ratio110% standard$2,508 / 0.93 ratio
0.85
4 BR
4 BR
0.73ratio
FMR$2,360
Market$3,240
vs market-$880

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

90% standard$2,124 / 0.66 ratio110% standard$2,596 / 0.80 ratio
0.73
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 60543 (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.

60543 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60543 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,660 and the 4 bedroom fair market rent is $2,360.

Use this page for searches like 60543 FMR, 60543 fair market rent, and 60543 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 60543
Bedroom sizeHUD FMR
Studio$1,140
1 bedroom$1,270
2 bedroom$1,660
3 bedroom$2,280
4 bedroom$2,360