Henry County, IL

2024 Fair Market Rents

Tags: 2024 Davenport-Moline-Rock Island, IA-IL MSA

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The top four largest cities in Henry County are Kewanee, Geneseo, Colona, and Coal 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 Henry County use?

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

Henry County ($953) has a 0.5% lower FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore has a lower gross rent.

Henry County is rank 27th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 75 other counties. Henry County is the 27th most expensive county in terms of FMRs.

Rent Tables Henry County, IL

Fair Market Rent (40th Percentile)

$646
studio
$773
1-Bedroom
$953
2-Bedroom
$1,247
3-Bedroom
$1,437
4-Bedroom

Median Rent (50th Percentile)

$688
studio
$823
1-Bedroom
$1,015
2-Bedroom
$1,328
3-Bedroom
$1,530
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
61233 $0 $720 $890 $1,160 $1,340
61234 $0 $700 $860 $1,130 $1,300
61235 $0 $940 $1,160 $1,520 $1,750
61238 $0 $830 $1,020 $1,330 $1,540
61240 $0 $1,160 $1,430 $1,870 $2,160
61241 $0 $760 $940 $1,230 $1,420
61250 $0 $720 $890 $1,160 $1,340
61254 $0 $770 $950 $1,240 $1,430
61258 $0 $700 $860 $1,130 $1,300
61262 $0 $720 $890 $1,160 $1,340
61273 $0 $700 $860 $1,130 $1,300
61274 $0 $790 $970 $1,270 $1,460
61277 $0 $700 $860 $1,130 $1,300
61413 $0 $710 $870 $1,140 $1,310
61414 $0 $700 $860 $1,130 $1,300
61419 $0 $730 $890 $1,170 $1,350
61434 $0 $700 $860 $1,130 $1,300
61443 $0 $700 $860 $1,130 $1,300
61465 $0 $700 $860 $1,130 $1,300
61468 $0 $710 $880 $1,150 $1,330
61490 $0 $700 $860 $1,130 $1,300
61434 $0 $700 $860 $1,130 $1,300
61443 $0 $700 $860 $1,130 $1,300
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61233 $540 $648 $801 $1,044 $1,206
61234 $522 $630 $774 $1,017 $1,170
61235 $711 $846 $1,044 $1,368 $1,575
61238 $621 $747 $918 $1,197 $1,386
61240 $873 $1,044 $1,287 $1,683 $1,944
61241 $576 $684 $846 $1,107 $1,278
61250 $540 $648 $801 $1,044 $1,206
61254 $576 $693 $855 $1,116 $1,287
61258 $522 $630 $774 $1,017 $1,170
61262 $540 $648 $801 $1,044 $1,206
61273 $522 $630 $774 $1,017 $1,170
61274 $585 $711 $873 $1,143 $1,314
61277 $522 $630 $774 $1,017 $1,170
61413 $531 $639 $783 $1,026 $1,179
61414 $522 $630 $774 $1,017 $1,170
61419 $540 $657 $801 $1,053 $1,215
61434 $522 $630 $774 $1,017 $1,170
61443 $522 $630 $774 $1,017 $1,170
61465 $522 $630 $774 $1,017 $1,170
61468 $531 $639 $792 $1,035 $1,197
61490 $522 $630 $774 $1,017 $1,170
61434 $522 $630 $774 $1,017 $1,170
61443 $522 $630 $774 $1,017 $1,170
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61233 $660 $792 $979 $1,276 $1,474
61234 $638 $770 $946 $1,243 $1,430
61235 $869 $1,034 $1,276 $1,672 $1,925
61238 $759 $913 $1,122 $1,463 $1,694
61240 $1,067 $1,276 $1,573 $2,057 $2,376
61241 $704 $836 $1,034 $1,353 $1,562
61250 $660 $792 $979 $1,276 $1,474
61254 $704 $847 $1,045 $1,364 $1,573
61258 $638 $770 $946 $1,243 $1,430
61262 $660 $792 $979 $1,276 $1,474
61273 $638 $770 $946 $1,243 $1,430
61274 $715 $869 $1,067 $1,397 $1,606
61277 $638 $770 $946 $1,243 $1,430
61413 $649 $781 $957 $1,254 $1,441
61414 $638 $770 $946 $1,243 $1,430
61419 $660 $803 $979 $1,287 $1,485
61434 $638 $770 $946 $1,243 $1,430
61443 $638 $770 $946 $1,243 $1,430
61465 $638 $770 $946 $1,243 $1,430
61468 $649 $781 $968 $1,265 $1,463
61490 $638 $770 $946 $1,243 $1,430
61434 $638 $770 $946 $1,243 $1,430
61443 $638 $770 $946 $1,243 $1,430

Fair Market Rents on this page apply to the following cities in Henry County, Illinois: Kewanee, Geneseo, Colona, Coal Valley, Orion, Prophetstown, Galva, Cambridge, Erie, Atkinson, Annawan, New Windsor, Woodhull, Alpha, Altona, Lynn Center, Andover, Osco, Bishop Hill, and Hooppole.

These Fair Market Rents also apply to the following ZIP codes in Henry County, Illinois: 61443, 61254, 61241, 61240, 61273, 61277, 61434, 61238, 61250, 61235, 61234, 61465, 61490, 61413, 61414, 61262, 61233, 61274, 61419, and 61258.

Henry County, IL is considered part of the following metro FMR area: DAVENPORT-MOLINE-ROCK ISLAND, IA-IL MSA.

Other counties in the same metro FMR area are: Mercer County, IL, and Rock Island County, IL.

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Data Source

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