60564
ZIPSAFMR
Will County, IL
BRFMR
Eff. Rent
0 BR$2,220$2,000
1 BR$2,370$2,370
2 BR$2,670$2,670
3 BR$3,440$3,060
4 BR$3,980$3,770
5 BR$4,577
6 BR$5,264
7 BR$6,053
8 BR$6,961

Market Alignment

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

Studio
Studio
1.11ratio
FMR$2,220
Market$2,000
vs market+$220

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.11
1 BR
1 BR
0.98ratio
FMR$2,370
Market$2,420
vs market-$50

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

0.98
2 BR
2 BR
1.00ratio
FMR$2,670
Market$2,680
vs market-$10

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

1.00
3 BR
3 BR
1.12ratio
FMR$3,440
Market$3,060
vs market+$380

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
4 BR
4 BR
1.06ratio
FMR$3,980
Market$3,770
vs market+$210

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

1.06
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$334,844
Rent
$2,670
Down payment
$66,969
Loan
$267,876
Mortgage
$1,693
Expenses
$777
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 60564 (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.