Illinois · FIPS 17147 · HUD FY 2027
Piatt County, Illinois Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Piatt County is $1,173 a month (rent plus utilities), 32% below the Illinois average of $1,724 and 33% below the U.S. average of $1,761. That is up $51 (4.5%) from FY 2026. At 30% of income, a household needs about $46,920 a year to afford it.
- $1,1732-bedroom FMR+$51 (+4.5%) vs FY 2026
- $9961-bedroom FMRIllinois: $1,489 · U.S.: $1,478
- $46,920Income for a 2-bedroom$23/hour full-time
- 25 of 1022BR rank in Illinois1 = highest rent
| Unit | Piatt County FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $983 | $941 | +$42 (+4.5%) | $1,401 | $1,379 | $39,320 |
| 1 bedroom | $996 | $946 | +$50 (+5.3%) | $1,489 | $1,478 | $39,840 |
| 2 bedrooms | $1,173 | $1,122 | +$51 (+4.5%) | $1,724 | $1,761 | $46,920 |
| 3 bedrooms | $1,474 | $1,436 | +$38 (+2.6%) | $2,220 | $2,266 | $58,960 |
| 4 bedrooms | $1,542 | $1,486 | +$56 (+3.8%) | $2,524 | $2,607 | $61,680 |
How Piatt County compares
- HUD sets this rent for the Champaign-Urbana, IL metro FMR area, which covers 225,436 residents in 2 counties.
- Across Illinois, 2-bedroom FMRs run from $930 (White County) to $2,341 (Kendall County).
- Studio to 4-bedroom: $983, $996, $1,173, $1,474, $1,542. 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 11 ZIP codes mostly in Piatt County (by land area), the 2-bedroom figure ranges from $1,010 to $1,310.
Small Area FMRs by ZIP code in Piatt County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 61813 | $850 | $860 | $1,010 | $1,300 | $1,340 | +$30 (+3.1%) | 14% below |
| 61818 | $1,010 | $1,030 | $1,210 | $1,520 | $1,590 | +$90 (+8.0%) | 3% above |
| 61830 | $1,090 | $1,110 | $1,310 | $1,660 | $1,760 | +$180 (+15.9%) | 12% above |
| 61839 | $850 | $860 | $1,010 | $1,300 | $1,570 | +$30 (+3.1%) | 14% below |
| 61854 | $1,000 | $1,010 | $1,190 | $1,550 | $1,560 | +$20 (+1.7%) | 1% above |
| 61855 | $920 | $940 | $1,100 | $1,390 | $1,450 | +$60 (+5.8%) | 6% below |
| 61856 | $1,060 | $1,080 | $1,270 | $1,600 | $1,670 | +$130 (+11.4%) | 8% above |
| 61884 | $1,010 | $1,020 | $1,210 | $1,520 | $1,580 | +$90 (+8.0%) | 3% above |
| 61913 | $850 | $860 | $1,010 | $1,300 | $1,390 | +$30 (+3.1%) | 14% below |
| 61929 | $850 | $860 | $1,010 | $1,300 | $1,390 | +$30 (+3.1%) | 14% below |
| 61936 | $850 | $870 | $1,070 | $1,400 | $1,580 | +$40 (+3.9%) | 9% below |
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.