60614
ZIPSAFMR
Cook County, IL
BRFMR
Eff. Rent
0 BR$2,220$1,900
1 BR$2,370$2,370
2 BR$2,670$2,670
3 BR$3,440$3,440
4 BR$3,980$3,980
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
1.17ratio
FMR$2,220
Market$1,900
vs market+$320

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

1.17
1 BR
1 BR
0.88ratio
FMR$2,370
Market$2,680
vs market-$310

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

0.88
2 BR
2 BR
0.70ratio
FMR$2,670
Market$3,830
vs market-$1,160

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

0.70
3 BR
3 BR
0.78ratio
FMR$3,440
Market$4,430
vs market-$990

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

0.78
4 BR
4 BR
0.86ratio
FMR$3,980
Market$4,620
vs market-$640

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

0.86
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 60614 (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.