Bureau County, IL

2024 Fair Market Rents

Tags: 2024 Illinois

Return to the state page to see where Illinois ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Bureau County are Princeton, Peru, Mendota, and Spring Valley. 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 Bureau County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Bureau 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 Bureau County compare?

Bureau County ($890) has a 7.1% lower FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore has a lower gross rent.

Bureau County is rank 43rd out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 59 other counties. Bureau County is the 43rd most expensive county in terms of FMRs.

Rent Tables Bureau County, IL

Fair Market Rent (40th Percentile)

$603
studio
$677
1-Bedroom
$890
2-Bedroom
$1,093
3-Bedroom
$1,284
4-Bedroom

Median Rent (50th Percentile)

$649
studio
$729
1-Bedroom
$958
2-Bedroom
$1,176
3-Bedroom
$1,382
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
61283 $580 $700 $860 $1,130 $1,300
61344 $600 $720 $890 $1,160 $1,340
61361 $600 $720 $890 $1,160 $1,340
61314 $580 $640 $820 $1,070 $1,100
61345 $580 $640 $820 $1,070 $1,100
61421 $680 $750 $960 $1,250 $1,290
61560 $580 $640 $810 $1,050 $1,090
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61283 $522 $630 $774 $1,017 $1,170
61344 $540 $648 $801 $1,044 $1,206
61361 $540 $648 $801 $1,044 $1,206
61314 $522 $576 $738 $963 $990
61345 $522 $576 $738 $963 $990
61421 $612 $675 $864 $1,125 $1,161
61560 $522 $576 $729 $945 $981
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61283 $638 $770 $946 $1,243 $1,430
61344 $660 $792 $979 $1,276 $1,474
61361 $660 $792 $979 $1,276 $1,474
61314 $638 $704 $902 $1,177 $1,210
61345 $638 $704 $902 $1,177 $1,210
61421 $748 $825 $1,056 $1,375 $1,419
61560 $638 $704 $891 $1,155 $1,199

Fair Market Rents on this page apply to the following cities in Bureau County, Illinois: Princeton, Peru, Mendota, Spring Valley, Walnut, Tampico, La Moille, Tiskilwa, Sheffield, Depue, Bradford, Wyanet, Ladd, Ohio, Buda, Neponset, Dalzell, Putnam, Cherry, and Van Orin.

These Fair Market Rents also apply to the following ZIP codes in Bureau County, Illinois: 61356, 61354, 61342, 61362, 61376, 61283, 61330, 61368, 61361, 61322, 61421, 61379, 61329, 61349, 61314, 61345, 61320, 61560, 61317, and 61374.

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Data Source

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