Kane County, IL

2024 Fair Market Rents

Tags: 2024 SAFMRS Chicago-Joliet-Naperville, IL HUD Metro FMR Area

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The top four largest cities in Kane County are Aurora, Elgin, Carpentersville, and Oswego. 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 Kane County use?

Kane County is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not 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 Kane County compare?

Kane County ($1,714) has a 78.9% higher FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore a higher gross rent.

Kane County is rank 1st out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Kane County is the most expensive county in terms of FMRs.

Rent Tables Kane County, IL

Fair Market Rent (40th Percentile)

$1,399
studio
$1,507
1-Bedroom
$1,714
2-Bedroom
$2,182
3-Bedroom
$2,583
4-Bedroom

Median Rent (50th Percentile)

$1,519
studio
$1,636
1-Bedroom
$1,861
2-Bedroom
$2,369
3-Bedroom
$2,804
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
60109 $0 $1,430 $1,630 $2,080 $2,460
60110 $0 $1,580 $1,800 $2,290 $2,710
60121 $0 $1,490 $1,700 $2,160 $2,560
60123 $0 $1,420 $1,620 $2,060 $2,440
60124 $0 $2,260 $2,570 $3,270 $3,870
60134 $0 $2,000 $2,280 $2,900 $3,440
60136 $0 $1,950 $2,210 $2,820 $3,330
60142 $0 $1,840 $2,090 $2,660 $3,150
60144 $0 $1,380 $1,570 $2,000 $2,370
60147 $0 $1,490 $1,700 $2,160 $2,560
60175 $0 $2,260 $2,570 $3,270 $3,870
60177 $0 $1,830 $2,080 $2,650 $3,130
60183 $0 $1,490 $1,700 $2,160 $2,560
60503 $0 $2,000 $2,360 $3,090 $3,530
60505 $0 $1,410 $1,600 $2,040 $2,410
60506 $0 $1,460 $1,660 $2,110 $2,500
60507 $0 $1,490 $1,700 $2,160 $2,560
60510 $0 $1,480 $1,680 $2,140 $2,530
60538 $0 $1,490 $1,870 $2,550 $2,770
60539 $0 $1,540 $1,750 $2,230 $2,640
60542 $0 $1,630 $1,850 $2,360 $2,790
60543 $0 $1,040 $1,370 $1,930 $2,020
60554 $0 $1,400 $1,590 $2,020 $2,400
60503 $0 $2,000 $2,360 $3,090 $3,530
60506 $0 $1,460 $1,660 $2,110 $2,500
60538 $0 $1,490 $1,870 $2,550 $2,770
60543 $0 $1,040 $1,370 $1,930 $2,020
60554 $0 $1,400 $1,590 $2,020 $2,400
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60109 $1,197 $1,287 $1,467 $1,872 $2,214
60110 $1,323 $1,422 $1,620 $2,061 $2,439
60121 $1,251 $1,341 $1,530 $1,944 $2,304
60123 $1,188 $1,278 $1,458 $1,854 $2,196
60124 $1,890 $2,034 $2,313 $2,943 $3,483
60134 $1,674 $1,800 $2,052 $2,610 $3,096
60136 $1,629 $1,755 $1,989 $2,538 $2,997
60142 $1,539 $1,656 $1,881 $2,394 $2,835
60144 $1,152 $1,242 $1,413 $1,800 $2,133
60147 $1,251 $1,341 $1,530 $1,944 $2,304
60175 $1,890 $2,034 $2,313 $2,943 $3,483
60177 $1,530 $1,647 $1,872 $2,385 $2,817
60183 $1,251 $1,341 $1,530 $1,944 $2,304
60503 $1,656 $1,800 $2,124 $2,781 $3,177
60505 $1,179 $1,269 $1,440 $1,836 $2,169
60506 $1,224 $1,314 $1,494 $1,899 $2,250
60507 $1,251 $1,341 $1,530 $1,944 $2,304
60510 $1,233 $1,332 $1,512 $1,926 $2,277
60538 $1,215 $1,341 $1,683 $2,295 $2,493
60539 $1,287 $1,386 $1,575 $2,007 $2,376
60542 $1,359 $1,467 $1,665 $2,124 $2,511
60543 $837 $936 $1,233 $1,737 $1,818
60554 $1,170 $1,260 $1,431 $1,818 $2,160
60503 $1,656 $1,800 $2,124 $2,781 $3,177
60506 $1,224 $1,314 $1,494 $1,899 $2,250
60538 $1,215 $1,341 $1,683 $2,295 $2,493
60543 $837 $936 $1,233 $1,737 $1,818
60554 $1,170 $1,260 $1,431 $1,818 $2,160
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60109 $1,463 $1,573 $1,793 $2,288 $2,706
60110 $1,617 $1,738 $1,980 $2,519 $2,981
60121 $1,529 $1,639 $1,870 $2,376 $2,816
60123 $1,452 $1,562 $1,782 $2,266 $2,684
60124 $2,310 $2,486 $2,827 $3,597 $4,257
60134 $2,046 $2,200 $2,508 $3,190 $3,784
60136 $1,991 $2,145 $2,431 $3,102 $3,663
60142 $1,881 $2,024 $2,299 $2,926 $3,465
60144 $1,408 $1,518 $1,727 $2,200 $2,607
60147 $1,529 $1,639 $1,870 $2,376 $2,816
60175 $2,310 $2,486 $2,827 $3,597 $4,257
60177 $1,870 $2,013 $2,288 $2,915 $3,443
60183 $1,529 $1,639 $1,870 $2,376 $2,816
60503 $2,024 $2,200 $2,596 $3,399 $3,883
60505 $1,441 $1,551 $1,760 $2,244 $2,651
60506 $1,496 $1,606 $1,826 $2,321 $2,750
60507 $1,529 $1,639 $1,870 $2,376 $2,816
60510 $1,507 $1,628 $1,848 $2,354 $2,783
60538 $1,485 $1,639 $2,057 $2,805 $3,047
60539 $1,573 $1,694 $1,925 $2,453 $2,904
60542 $1,661 $1,793 $2,035 $2,596 $3,069
60543 $1,023 $1,144 $1,507 $2,123 $2,222
60554 $1,430 $1,540 $1,749 $2,222 $2,640
60503 $2,024 $2,200 $2,596 $3,399 $3,883
60506 $1,496 $1,606 $1,826 $2,321 $2,750
60538 $1,485 $1,639 $2,057 $2,805 $3,047
60543 $1,023 $1,144 $1,507 $2,123 $2,222
60554 $1,430 $1,540 $1,749 $2,222 $2,640

Fair Market Rents on this page apply to the following cities in Kane County, Illinois: Aurora, Elgin, Carpentersville, Oswego, Batavia, Geneva, Huntley, Saint Charles, Montgomery, South Elgin, North Aurora, Sugar Grove, Gilberts, Burlington, Wasco, Lafox, Kaneville, and Mooseheart.

These Fair Market Rents also apply to the following ZIP codes in Kane County, Illinois: 60505, 60506, 60123, 60110, 60543, 60510, 60134, 60142, 60175, 60538, 60177, 60124, 60542, 60503, 60554, 60136, 60507, 60121, 60109, and 60183.

Kane County, IL is considered part of the following metro FMR area: CHICAGO-JOLIET-NAPERVILLE, IL HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Cook County, IL, DuPage County, IL, Lake County, IL, McHenry County, IL, and Will County, IL.

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Data Source

HUD Seal

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