Marshall County, IL

2024 Fair Market Rents

Tags: 2024 Peoria, IL HUD Metro FMR Area

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The top four largest cities in Marshall County are Chillicothe, Lacon, Henry, and Minonk. 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 Marshall County use?

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

Marshall County ($965) has a 0.7% higher FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore a higher gross rent.

Marshall County is rank 25th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 77 other counties. Marshall County is the 25th most expensive county in terms of FMRs.

Rent Tables Marshall County, IL

Fair Market Rent (40th Percentile)

$683
studio
$756
1-Bedroom
$965
2-Bedroom
$1,258
3-Bedroom
$1,293
4-Bedroom

Median Rent (50th Percentile)

$725
studio
$803
1-Bedroom
$1,025
2-Bedroom
$1,336
3-Bedroom
$1,373
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
61336 $580 $640 $810 $1,050 $1,090
61369 $590 $650 $830 $1,080 $1,110
61375 $630 $700 $890 $1,160 $1,190
61424 $580 $640 $810 $1,050 $1,090
61479 $580 $640 $820 $1,060 $1,090
61523 $690 $770 $980 $1,280 $1,310
61526 $730 $800 $1,030 $1,340 $1,370
61537 $580 $640 $810 $1,050 $1,090
61540 $640 $710 $910 $1,190 $1,220
61541 $630 $700 $890 $1,160 $1,190
61565 $580 $640 $810 $1,050 $1,090
61570 $660 $730 $930 $1,210 $1,250
61760 $730 $810 $1,030 $1,340 $1,380
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61336 $522 $576 $729 $945 $981
61369 $531 $585 $747 $972 $999
61375 $567 $630 $801 $1,044 $1,071
61424 $522 $576 $729 $945 $981
61479 $522 $576 $738 $954 $981
61523 $621 $693 $882 $1,152 $1,179
61526 $657 $720 $927 $1,206 $1,233
61537 $522 $576 $729 $945 $981
61540 $576 $639 $819 $1,071 $1,098
61541 $567 $630 $801 $1,044 $1,071
61565 $522 $576 $729 $945 $981
61570 $594 $657 $837 $1,089 $1,125
61760 $657 $729 $927 $1,206 $1,242
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61336 $638 $704 $891 $1,155 $1,199
61369 $649 $715 $913 $1,188 $1,221
61375 $693 $770 $979 $1,276 $1,309
61424 $638 $704 $891 $1,155 $1,199
61479 $638 $704 $902 $1,166 $1,199
61523 $759 $847 $1,078 $1,408 $1,441
61526 $803 $880 $1,133 $1,474 $1,507
61537 $638 $704 $891 $1,155 $1,199
61540 $704 $781 $1,001 $1,309 $1,342
61541 $693 $770 $979 $1,276 $1,309
61565 $638 $704 $891 $1,155 $1,199
61570 $726 $803 $1,023 $1,331 $1,375
61760 $803 $891 $1,133 $1,474 $1,518

Fair Market Rents on this page apply to the following cities in Marshall County, Illinois: Chillicothe, Lacon, Henry, Minonk, Washburn, Toluca, Sparland, Edelstein, Varna, Magnolia, Camp Grove, Speer, and La Rose.

These Fair Market Rents also apply to the following ZIP codes in Marshall County, Illinois: 61523, 61540, 61537, 61760, 61570, 61369, 61565, 61526, 61375, 61336, 61424, 61479, and 61541.

Marshall County, IL is considered part of the following metro FMR area: PEORIA, IL HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Peoria County, IL, Stark County, IL, Tazewell County, IL, and Woodford County, IL.

More on Marshall 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.