Vermilion County, IL

2024 Fair Market Rents

Tags: 2024 Danville, IL MSA

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 Vermilion County are Danville, Georgetown, Westville, and Oakwood. 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 Vermilion County use?

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

Vermilion County ($956) has a 0.2% lower FMR for 2-Bedroom housing than the average of Illinois ($958) and therefore has a lower gross rent.

Vermilion County is rank 30th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 72 other counties. Vermilion County is the 30th most expensive county in terms of FMRs.

Rent Tables Vermilion County, IL

Fair Market Rent (40th Percentile)

$691
studio
$728
1-Bedroom
$956
2-Bedroom
$1,191
3-Bedroom
$1,273
4-Bedroom

Median Rent (50th Percentile)

$726
studio
$764
1-Bedroom
$1,004
2-Bedroom
$1,251
3-Bedroom
$1,337
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
61844 $820 $860 $1,130 $1,410 $1,500
60932 $650 $690 $900 $1,120 $1,200
60963 $730 $770 $1,010 $1,260 $1,350
61811 $700 $740 $970 $1,220 $1,320
61812 $690 $720 $910 $1,150 $1,220
61814 $750 $790 $1,040 $1,300 $1,390
61817 $770 $810 $1,070 $1,330 $1,430
61831 $680 $710 $940 $1,170 $1,250
61832 $690 $720 $950 $1,180 $1,270
61833 $710 $750 $980 $1,220 $1,310
61834 $730 $770 $1,010 $1,260 $1,350
61841 $600 $630 $830 $1,030 $1,110
61844 $820 $860 $1,130 $1,410 $1,500
61846 $690 $730 $960 $1,200 $1,280
61848 $610 $640 $840 $1,050 $1,120
61857 $740 $780 $1,020 $1,270 $1,360
61858 $650 $680 $900 $1,120 $1,200
61865 $600 $630 $830 $1,030 $1,110
61883 $590 $610 $810 $1,010 $1,070
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61844 $738 $774 $1,017 $1,269 $1,350
60932 $585 $621 $810 $1,008 $1,080
60963 $657 $693 $909 $1,134 $1,215
61811 $630 $666 $873 $1,098 $1,188
61812 $621 $648 $819 $1,035 $1,098
61814 $675 $711 $936 $1,170 $1,251
61817 $693 $729 $963 $1,197 $1,287
61831 $612 $639 $846 $1,053 $1,125
61832 $621 $648 $855 $1,062 $1,143
61833 $639 $675 $882 $1,098 $1,179
61834 $657 $693 $909 $1,134 $1,215
61841 $540 $567 $747 $927 $999
61844 $738 $774 $1,017 $1,269 $1,350
61846 $621 $657 $864 $1,080 $1,152
61848 $549 $576 $756 $945 $1,008
61857 $666 $702 $918 $1,143 $1,224
61858 $585 $612 $810 $1,008 $1,080
61865 $540 $567 $747 $927 $999
61883 $531 $549 $729 $909 $963
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
61844 $902 $946 $1,243 $1,551 $1,650
60932 $715 $759 $990 $1,232 $1,320
60963 $803 $847 $1,111 $1,386 $1,485
61811 $770 $814 $1,067 $1,342 $1,452
61812 $759 $792 $1,001 $1,265 $1,342
61814 $825 $869 $1,144 $1,430 $1,529
61817 $847 $891 $1,177 $1,463 $1,573
61831 $748 $781 $1,034 $1,287 $1,375
61832 $759 $792 $1,045 $1,298 $1,397
61833 $781 $825 $1,078 $1,342 $1,441
61834 $803 $847 $1,111 $1,386 $1,485
61841 $660 $693 $913 $1,133 $1,221
61844 $902 $946 $1,243 $1,551 $1,650
61846 $759 $803 $1,056 $1,320 $1,408
61848 $671 $704 $924 $1,155 $1,232
61857 $814 $858 $1,122 $1,397 $1,496
61858 $715 $748 $990 $1,232 $1,320
61865 $660 $693 $913 $1,133 $1,221
61883 $649 $671 $891 $1,111 $1,177

Fair Market Rents on this page apply to the following cities in Vermilion County, Illinois: Danville, Georgetown, Westville, Oakwood, Catlin, Tilton, Rossville, Potomac, Fairmount, Bismarck, Fithian, Alvin, Collison, Armstrong, Henning, Muncie, and East Lynn.

These Fair Market Rents also apply to the following ZIP codes in Vermilion County, Illinois: 61832, 61834, 61846, 61883, 61858, 61817, 61833, 60963, 61865, 61841, 61814, 61844, 61811, 61831, 61812, 61848, 61857, and 60932.

Vermilion County, IL is considered part of the following metro FMR area: DANVILLE, IL MSA.

More on Vermilion 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.