RentMark

Illinois Fair Market Rent (FY2026)

Midwest region · 83 HUD FMR areas

In FY2026, Illinois has 83 HUD Fair Market Rent areas with a median 2-bedroom FMR of $916/month. Across the state, the 2-bedroom FMR ranges from $916 (Bond County, IL) to $2,050 (Kendall County, IL). That median is $59 below the national median FMR of $975, ranking Illinois #42 of 51 states (1 = most expensive). FMR is the federal voucher rent standard, not the market median.

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

Illinois median FMR by bedroom size

Median Fair Market Rent across Illinois's 83 FMR areas, FY2026. Source: HUD USER.
Unit sizeMedian FMR (per month)
Studio / efficiency$672
1-bedroom$759
2-bedroom$916
3-bedroom$1,231
4-bedroom$1,415

These are medians across the state's areas; an individual metro can be much higher or lower. The population-weighted average 2-bedroom FMR (weighting each area by its population) is $1,556.

Every FMR area in Illinois

FMR areaStudio1 BR2 BR3 BR4 BR
Chicago-Joliet-Naperville, IL$1,480$1,581$1,781$2,294$2,653
St. Louis, MO-IL$955$995$1,218$1,568$1,812

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

Detailed pages: Chicago-Joliet-Naperville, IL · St. Louis, MO-IL.

Frequently asked questions

What is the Fair Market Rent in Illinois for FY2026?

Illinois has 83 HUD Fair Market Rent areas. The median 2-bedroom FMR across them is $916 per month, ranging from $916 (Bond County, IL) to $2,050 (Kendall County, IL). HUD sets FMRs by metro/county, not statewide, so use the area closest to where you live. Verify at huduser.gov.

Which Illinois area has the highest and lowest FMR?

In FY2026 the highest 2-bedroom FMR in Illinois is $2,050 in Kendall County, IL, and the lowest is $916 in Bond County, IL. Rents are highest in the largest metros and lowest in rural counties.

Is Illinois expensive for renters compared with other states?

Illinois's median 2-bedroom FMR of $916 is $59 below the national median FMR of $975 (-6%). It ranks #42 of 51 states and DC by median 2-bedroom FMR (1 = most expensive).

How does FMR relate to Section 8 vouchers in Illinois?

Public housing agencies in Illinois set Housing Choice Voucher payment standards at roughly 90–110% of the local FMR. Your subsidy covers the gap between that standard and about 30% of your adjusted income. Contact the PHA for your county for exact figures.

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Source & accuracy

FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). State medians and ranges are computed over HUD's area-level FMRs (see methodology). FMR is the federal voucher rent standard, not the market median; verify on huduser.gov.

Last updated: 2026-06-20