FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR
0.70ratio
FMR$890
Market$1,280
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.70
2 BR
2 BR
0.89ratio
FMR$1,170
Market$1,310
vs market-$140
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR
1.01ratio
FMR$1,540
Market$1,530
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR
0.99ratio
FMR$1,570
Market$1,590
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 61125 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 61125 (Rockford, IL) is $1,170 a month. That is unchanged from FY 2026. Rockford is in the Rockford, IL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,172. Among 36 ZIP codes in Winnebago County, 61125 is tied for the 17th-highest two-bedroom rent (county range $1,060–$1,760). The median county two-bedroom FMR in Illinois is $958, so ZIP 61125 is 22% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 61125
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$810
0.0%
$729–$891
1BR
$890
$890
0.0%
$801–$979
2BR
$1,170
$1,170
0.0%
$1,053–$1,287
3BR
$1,550
$1,540
−0.6%
$1,386–$1,694
4BR
$1,590
$1,570
−1.3%
$1,413–$1,727
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 61125
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$810
$890
$1,170
$1,540
$1,570
FY 2026
$810
$890
$1,170
$1,550
$1,590
FY 2025
$800
$890
$1,170
$1,550
$1,590
FY 2024
$690
$780
$1,020
$1,360
$1,410
FY 2023
$620
$710
$930
$1,250
$1,300
Two-bedroom rent in nearby Winnebago County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 61125?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,172, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,055 to $1,289 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 61125 in?
ZIP 61125 is in the Rockford, IL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,172.
How much did fair market rent change in ZIP 61125 for FY 2027?
The two-bedroom FMR was unchanged at $1,170 in FY 2027. Since FY 2023 it has risen 25.8%.
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