FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR
0.83ratio
FMR$852
Market$1,030
vs market-$178
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR
1.00ratio
FMR$1,056
Market$1,060
vs market-$4
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
0.98ratio
FMR$1,396
Market$1,430
vs market-$34
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR
1.03ratio
FMR$1,697
Market$1,640
vs market+$57
FMR is near market; voucher and private rents are aligned.
1.03
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
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ZIP 61299 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 61299 (Rock Island, IL) is $1,056 a month. That is down 7.6% from $1,143 in FY 2026. Rock Island is in the Davenport-Moline-Rock Island, IA-IL MSA. The median county two-bedroom FMR in Illinois is $958, so ZIP 61299 is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 61299
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$817
$787
−3.7%
$708–$866
1BR
$928
$852
−8.2%
$767–$937
2BR
$1,143
$1,056
−7.6%
$950–$1,162
3BR
$1,498
$1,396
−6.8%
$1,256–$1,536
4BR
$1,819
$1,697
−6.7%
$1,527–$1,867
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 61299
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$787
$852
$1,056
$1,396
$1,697
FY 2026
$817
$928
$1,143
$1,498
$1,819
FY 2025
$707
$831
$1,025
$1,336
$1,578
FY 2024
$646
$773
$953
$1,247
$1,437
FY 2023
$606
$733
$906
$1,193
$1,353
Questions about ZIP 61299 rents
How much will Section 8 pay for a two-bedroom in ZIP 61299?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,056, that basic range is $950 to $1,162 a month. 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 61299 in?
ZIP 61299 is in the Davenport-Moline-Rock Island, IA-IL MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 61299 for FY 2027?
The two-bedroom FMR fell 7.6%, from $1,143 in FY 2026 to $1,056 in FY 2027. Since FY 2023 it has risen 16.6%.
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 Fair Market Rents. 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