Alexander County, IL

2024 Fair Market Rents

Tags: 2024 Cape Girardeau, MO-IL MSA

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The top four largest cities in Alexander County are Jonesboro, Cairo, Tamms, and Thebes. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Alexander County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Alexander County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Alexander County compare?

Alexander County ($933) has a 2.6% lower FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore has a lower gross rent.

Alexander County is rank 36th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 66 other counties. Alexander County is the 36th most expensive county in terms of FMRs.

Rent Tables Alexander County, IL

Fair Market Rent (40th Percentile)

$685
studio
$742
1-Bedroom
$933
2-Bedroom
$1,315
3-Bedroom
$1,540
4-Bedroom

Median Rent (50th Percentile)

$735
studio
$797
1-Bedroom
$1,001
2-Bedroom
$1,411
3-Bedroom
$1,652
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62914 $640 $690 $870 $1,230 $1,440
62952 $590 $640 $810 $1,140 $1,330
62957 $710 $770 $970 $1,370 $1,600
62962 $660 $720 $900 $1,270 $1,480
62969 $680 $740 $930 $1,310 $1,530
62988 $590 $640 $810 $1,140 $1,330
62990 $590 $640 $810 $1,140 $1,330
62992 $590 $640 $810 $1,140 $1,330
62993 $640 $690 $870 $1,230 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62914 $576 $621 $783 $1,107 $1,296
62952 $531 $576 $729 $1,026 $1,197
62957 $639 $693 $873 $1,233 $1,440
62962 $594 $648 $810 $1,143 $1,332
62969 $612 $666 $837 $1,179 $1,377
62988 $531 $576 $729 $1,026 $1,197
62990 $531 $576 $729 $1,026 $1,197
62992 $531 $576 $729 $1,026 $1,197
62993 $576 $621 $783 $1,107 $1,296
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62914 $704 $759 $957 $1,353 $1,584
62952 $649 $704 $891 $1,254 $1,463
62957 $781 $847 $1,067 $1,507 $1,760
62962 $726 $792 $990 $1,397 $1,628
62969 $748 $814 $1,023 $1,441 $1,683
62988 $649 $704 $891 $1,254 $1,463
62990 $649 $704 $891 $1,254 $1,463
62992 $649 $704 $891 $1,254 $1,463
62993 $704 $759 $957 $1,353 $1,584

Fair Market Rents on this page apply to the following cities in Alexander County, Illinois: Jonesboro, Cairo, Tamms, Thebes, Mc Clure, Ullin, Olive Branch, Miller City, and Unity.

These Fair Market Rents also apply to the following ZIP codes in Alexander County, Illinois: 62952, 62914, 62988, 62990, 62957, 62992, 62969, 62962, and 62993.

Alexander County, IL is considered part of the following metro FMR area: CAPE GIRARDEAU, MO-IL MSA.

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Fair Market Rents are published by the Department of Housing And Urban Development.