61603
ZIPSAFMR
Peoria County, IL
BRFMR
Eff. Rent
0 BR$810$810
1 BR$870$870
2 BR$1,110$950
3 BR$1,440$1,420
4 BR$1,550$1,380
5 BR$1,782
6 BR$2,050
7 BR$2,357
8 BR$2,711

Market Alignment

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

Studio
Studio
0.94ratio
FMR$810
Market$860
vs market-$50

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

0.94
1 BR
1 BR
0.97ratio
FMR$870
Market$900
vs market-$30

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

0.97
2 BR
2 BR
1.17ratio
FMR$1,110
Market$950
vs market+$160

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

1.17
3 BR
3 BR
1.01ratio
FMR$1,440
Market$1,420
vs market+$20

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

1.01
4 BR
4 BR
1.12ratio
FMR$1,550
Market$1,380
vs market+$170

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

1.12
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
$103,029
Rent
$1,110
Down payment
$20,606
Loan
$82,423
Mortgage
$521
Expenses
$389
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 61603 (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.