62026
ZIPSAFMR
Madison County, IL
BRFMR
Eff. Rent
0 BR$1,050$970
1 BR$1,090$1,090
2 BR$1,340$1,340
3 BR$1,720$1,720
4 BR$1,990$1,990
5 BR$2,289
6 BR$2,632
7 BR$3,027
8 BR$3,481

Market Alignment

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

Studio
Studio
1.08ratio
FMR$1,050
Market$970
vs market+$80

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

1.08
1 BR
1 BR
0.94ratio
FMR$1,090
Market$1,160
vs market-$70

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

0.94
2 BR
2 BR
0.85ratio
FMR$1,340
Market$1,570
vs market-$230

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

0.85
3 BR
3 BR
0.92ratio
FMR$1,720
Market$1,860
vs market-$140

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

0.92
4 BR
4 BR
0.96ratio
FMR$1,990
Market$2,080
vs market-$90

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

0.96
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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
$137,207
Rent
$1,340
Down payment
$27,441
Loan
$109,766
Mortgage
$694
Expenses
$446
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 62026 (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.