Illinois · FIPS 17057 · HUD FY 2027
Fulton County, Illinois Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Fulton County is $930 a month (rent plus utilities), 46% below the Illinois average of $1,724 and 47% below the U.S. average of $1,761. That is up $14 (1.5%) from FY 2026. At 30% of income, a household needs about $37,200 a year to afford it.
- $9302-bedroom FMR+$14 (+1.5%) vs FY 2026
- $7271-bedroom FMRIllinois: $1,489 · U.S.: $1,478
- $37,200Income for a 2-bedroom$18/hour full-time
- 62 of 1022BR rank in Illinois1 = highest rent
| Unit | Fulton County FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $648 | $703 | −$55 (−7.8%) | $1,401 | $1,379 | $25,920 |
| 1 bedroom | $727 | $708 | +$19 (+2.7%) | $1,489 | $1,478 | $29,080 |
| 2 bedrooms | $930 | $916 | +$14 (+1.5%) | $1,724 | $1,761 | $37,200 |
| 3 bedrooms | $1,288 | $1,274 | +$14 (+1.1%) | $2,220 | $2,266 | $51,520 |
| 4 bedrooms | $1,303 | $1,288 | +$15 (+1.2%) | $2,524 | $2,607 | $52,120 |
How Fulton County compares
- Fulton County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Illinois, 2-bedroom FMRs run from $930 (White County) to $2,341 (Kendall County).
- Studio to 4-bedroom: $648, $727, $930, $1,288, $1,303. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 20 ZIP codes mostly in Fulton County (by land area), the 2-bedroom figure ranges from $930 to $1,080.
Small Area FMRs by ZIP code in Fulton County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 61415 | $650 | $730 | $930 | $1,240 | $1,390 | +$10 (+1.1%) | same |
| 61427 | $670 | $750 | $960 | $1,330 | $1,350 | +$10 (+1.1%) | 3% above |
| 61431 | $670 | $750 | $950 | $1,300 | $1,370 | −$10 (−1.0%) | 2% above |
| 61432 | $690 | $730 | $930 | $1,290 | $1,300 | −$60 (−6.1%) | same |
| 61433 | $660 | $740 | $940 | $1,300 | $1,310 | +$10 (+1.1%) | 1% above |
| 61441 | $730 | $820 | $1,050 | $1,450 | $1,470 | +$120 (+12.9%) | 13% above |
| 61459 | $650 | $720 | $930 | $1,230 | $1,450 | −$10 (−1.1%) | same |
| 61477 | $670 | $760 | $970 | $1,330 | $1,370 | +$40 (+4.3%) | 4% above |
| 61482 | $650 | $730 | $930 | $1,290 | $1,370 | +$10 (+1.1%) | same |
| 61484 | $650 | $760 | $930 | $1,290 | $1,370 | +$10 (+1.1%) | same |
| 61501 | $670 | $770 | $960 | $1,310 | $1,420 | +$40 (+4.3%) | 3% above |
| 61519 | $650 | $730 | $930 | $1,290 | $1,300 | +$10 (+1.1%) | same |
| 61520 | $690 | $740 | $940 | $1,290 | $1,310 | +$20 (+2.2%) | 1% above |
| 61524 | $700 | $790 | $1,010 | $1,400 | $1,420 | +$50 (+5.2%) | 9% above |
| 61531 | $700 | $780 | $1,000 | $1,390 | $1,400 | +$20 (+2.0%) | 8% above |
| 61542 | $650 | $730 | $930 | $1,290 | $1,300 | +$10 (+1.1%) | same |
| 61543 | $660 | $720 | $930 | $1,280 | $1,380 | +$10 (+1.1%) | same |
| 61544 | $730 | $800 | $1,030 | $1,410 | $1,430 | −$20 (−1.9%) | 11% above |
| 61553 | $650 | $730 | $930 | $1,290 | $1,300 | +$10 (+1.1%) | same |
| 61563 | $750 | $840 | $1,080 | $1,500 | $1,510 | +$160 (+17.4%) | 16% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.