Iroquois 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 Iroquois County are Watseka, Saint Anne, Hoopeston, and Chebanse. 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 Iroquois County use?

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

Iroquois County ($813) has a 15.1% lower FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore has a lower gross rent.

Iroquois County is rank 61st out of 102 counties. This means the FMRs, or in other words, the gross rent is lower than 60 other counties. Iroquois County is the 42nd cheapest county in terms of FMRs.

Rent Tables Iroquois County, IL

Fair Market Rent (40th Percentile)

$605
studio
$619
1-Bedroom
$813
2-Bedroom
$1,025
3-Bedroom
$1,112
4-Bedroom

Median Rent (50th Percentile)

$643
studio
$658
1-Bedroom
$864
2-Bedroom
$1,089
3-Bedroom
$1,182
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
60942 $680 $720 $940 $1,170 $1,250
60922 $730 $820 $1,080 $1,460 $1,500
60964 $650 $740 $970 $1,320 $1,390
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60942 $612 $648 $846 $1,053 $1,125
60922 $657 $738 $972 $1,314 $1,350
60964 $585 $666 $873 $1,188 $1,251
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60942 $748 $792 $1,034 $1,287 $1,375
60922 $803 $902 $1,188 $1,606 $1,650
60964 $715 $814 $1,067 $1,452 $1,529

Fair Market Rents on this page apply to the following cities in Iroquois County, Illinois: Watseka, Saint Anne, Hoopeston, Chebanse, Milford, Onarga, Gilman, Cissna Park, Sheldon, Ashkum, Martinton, Danforth, Crescent City, Donovan, Beaverville, Stockland, Wellington, Woodland, Papineau, and Iroquois.

These Fair Market Rents also apply to the following ZIP codes in Iroquois County, Illinois: 60970, 60964, 60942, 60922, 60953, 60955, 60938, 60924, 60966, 60911, 60951, 60930, 60928, 60931, 60912, 60967, 60973, 60974, 60956, and 60945.

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