Illinois · FIPS 17129 · HUD FY 2027
Menard County, Illinois Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Menard County is $1,237 a month (rent plus utilities), 28% below the Illinois average of $1,724 and 30% below the U.S. average of $1,761. That is up $34 (2.8%) from FY 2026. At 30% of income, a household needs about $49,480 a year to afford it.
- $1,2372-bedroom FMR+$34 (+2.8%) vs FY 2026
- $9771-bedroom FMRIllinois: $1,489 · U.S.: $1,478
- $49,480Income for a 2-bedroom$24/hour full-time
- 18 of 1022BR rank in Illinois1 = highest rent
| Unit | Menard County FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $861 | $829 | +$32 (+3.9%) | $1,401 | $1,379 | $34,440 |
| 1 bedroom | $977 | $970 | +$7 (+0.7%) | $1,489 | $1,478 | $39,080 |
| 2 bedrooms | $1,237 | $1,203 | +$34 (+2.8%) | $1,724 | $1,761 | $49,480 |
| 3 bedrooms | $1,631 | $1,611 | +$20 (+1.2%) | $2,220 | $2,266 | $65,240 |
| 4 bedrooms | $1,728 | $1,682 | +$46 (+2.7%) | $2,524 | $2,607 | $69,120 |
How Menard County compares
- HUD sets this rent for the Springfield, IL metro FMR area, which covers 207,042 residents in 2 counties.
- Across Illinois, 2-bedroom FMRs run from $930 (White County) to $2,341 (Kendall County).
- Studio to 4-bedroom: $861, $977, $1,237, $1,631, $1,728. 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 5 ZIP codes mostly in Menard County (by land area), the 2-bedroom figure ranges from $1,090 to $1,250.
Small Area FMRs by ZIP code in Menard County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 62613 | $850 | $960 | $1,220 | $1,610 | $1,700 | +$30 (+2.5%) | 1% below |
| 62642 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$50 (+4.8%) | 12% below |
| 62673 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$70 (+6.9%) | 12% below |
| 62675 | $790 | $900 | $1,140 | $1,500 | $1,590 | +$60 (+5.6%) | 8% below |
| 62688 | $870 | $990 | $1,250 | $1,650 | $1,750 | +$140 (+12.6%) | 1% 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.