Metro FMR area · IL · HUD FY 2027
Peoria, IL Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Peoria, IL area is $1,212 a month, 30% below the Illinois average and 31% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 98 ZIP codes range from $940 to $1,790.
- $1,2122-bedroom FMR+$173 (+16.7%) vs FY 2026
- $9611-bedroom FMRU.S.: $1,478
- $48,480Income for a 2-bedroomat 30% of income
- 365,202Residents5 counties
| Unit | Peoria, IL FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $915 | $758 | +$157 (+20.7%) | $1,401 | $1,379 | $36,600 |
| 1 bedroom | $961 | $818 | +$143 (+17.5%) | $1,489 | $1,478 | $38,440 |
| 2 bedrooms | $1,212 | $1,039 | +$173 (+16.7%) | $1,724 | $1,761 | $48,480 |
| 3 bedrooms | $1,557 | $1,346 | +$211 (+15.7%) | $2,220 | $2,266 | $62,280 |
| 4 bedrooms | $1,710 | $1,449 | +$261 (+18.0%) | $2,524 | $2,607 | $68,400 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Marshall County, IL | 11,647 |
| Peoria County, IL | 179,645 |
| Stark County, IL | 5,308 |
| Tazewell County, IL | 130,290 |
| Woodford County, IL | 38,312 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,180.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 61314 | $720 | $790 | $1,030 | $1,280 | $1,420 | −$50 (−4.6%) | 15% below |
| 61321 | $700 | $740 | $980 | $1,300 | $1,540 | +$60 (+6.5%) | 19% below |
| 61334 | $730 | $820 | $1,040 | $1,350 | $1,680 | no change | 14% below |
| 61336 | $700 | $820 | $980 | $1,300 | $1,540 | +$60 (+6.5%) | 19% below |
| 61345 | $690 | $740 | $940 | $1,220 | $1,310 | −$10 (−1.1%) | 22% below |
| 61358 | $770 | $820 | $1,040 | $1,350 | $1,540 | +$90 (+9.5%) | 14% below |
| 61369 | $800 | $840 | $1,060 | $1,360 | $1,500 | +$140 (+15.2%) | 13% below |
| 61375 | $780 | $820 | $1,030 | $1,320 | $1,450 | +$110 (+12.0%) | 15% below |
| 61377 | $760 | $800 | $1,010 | $1,300 | $1,540 | +$90 (+9.8%) | 17% below |
| 61421 | $810 | $860 | $1,080 | $1,390 | $1,530 | +$90 (+9.1%) | 11% below |
| 61424 | $700 | $740 | $940 | $1,220 | $1,310 | +$20 (+2.2%) | 22% below |
| 61426 | $760 | $800 | $1,010 | $1,290 | $1,420 | +$50 (+5.2%) | 17% below |
| 61434 | $740 | $840 | $1,030 | $1,350 | $1,640 | +$50 (+5.1%) | 15% below |
| 61443 | $740 | $840 | $1,030 | $1,350 | $1,640 | −$20 (−1.9%) | 15% below |
| 61449 | $700 | $750 | $940 | $1,230 | $1,400 | −$10 (−1.1%) | 22% below |
| 61451 | $790 | $820 | $1,040 | $1,340 | $1,450 | +$80 (+8.3%) | 14% below |
| 61479 | $730 | $770 | $970 | $1,240 | $1,370 | +$30 (+3.2%) | 20% below |
| 61483 | $720 | $760 | $960 | $1,230 | $1,350 | +$40 (+4.3%) | 21% below |
| 61489 | $700 | $740 | $940 | $1,220 | $1,310 | +$20 (+2.2%) | 22% below |
| 61491 | $700 | $740 | $940 | $1,220 | $1,310 | +$20 (+2.2%) | 22% below |
| 61516 | $910 | $960 | $1,210 | $1,550 | $1,710 | +$150 (+14.2%) | about the same as |
| 61517 | $880 | $920 | $1,160 | $1,490 | $1,640 | +$170 (+17.2%) | 4% below |
| 61520 | $690 | $740 | $940 | $1,290 | $1,310 | +$20 (+2.2%) | 22% below |
| 61523 | $910 | $960 | $1,210 | $1,550 | $1,710 | +$180 (+17.5%) | about the same as |
| 61525 | $1,220 | $1,280 | $1,620 | $2,080 | $2,290 | +$200 (+14.1%) | 34% above |
| 61526 | $980 | $1,030 | $1,290 | $1,660 | $1,830 | +$170 (+15.2%) | 6% above |
| 61528 | $1,020 | $1,070 | $1,350 | $1,740 | $1,910 | +$170 (+14.4%) | 11% above |
| 61529 | $730 | $770 | $970 | $1,250 | $1,370 | +$50 (+5.4%) | 20% below |
| 61530 | $780 | $820 | $1,030 | $1,320 | $1,450 | +$60 (+6.2%) | 15% below |
| 61531 | $700 | $780 | $1,000 | $1,390 | $1,400 | +$20 (+2.0%) | 17% below |
| 61533 | $760 | $800 | $1,010 | $1,300 | $1,420 | +$90 (+9.8%) | 17% below |
| 61534 | $820 | $860 | $1,080 | $1,390 | $1,520 | +$110 (+11.3%) | 11% below |
| 61535 | $900 | $940 | $1,190 | $1,530 | $1,680 | +$170 (+16.7%) | 2% below |
| 61536 | $940 | $980 | $1,240 | $1,590 | $1,750 | +$250 (+25.3%) | 2% above |
| 61537 | $700 | $740 | $940 | $1,220 | $1,310 | +$20 (+2.2%) | 22% below |
| 61539 | $720 | $770 | $980 | $1,280 | $1,430 | +$60 (+6.5%) | 19% below |
| 61540 | $830 | $870 | $1,100 | $1,410 | $1,550 | +$130 (+13.4%) | 9% below |
| 61541 | $1,000 | $1,050 | $1,330 | $1,710 | $1,880 | +$150 (+12.7%) | 10% above |
| 61545 | $940 | $990 | $1,250 | $1,600 | $1,760 | +$150 (+13.6%) | 3% above |
| 61546 | $690 | $740 | $940 | $1,250 | $1,450 | +$20 (+2.2%) | 22% below |
| 61547 | $940 | $990 | $1,250 | $1,610 | $1,770 | +$330 (+35.9%) | 3% above |
| 61548 | $1,070 | $1,130 | $1,420 | $1,820 | $2,000 | +$180 (+14.5%) | 17% above |
| 61550 | $1,000 | $1,050 | $1,330 | $1,710 | $1,880 | +$190 (+16.7%) | 10% above |
| 61552 | $970 | $1,020 | $1,290 | $1,660 | $1,820 | +$180 (+16.2%) | 6% above |
| 61554 | $840 | $880 | $1,110 | $1,430 | $1,570 | +$150 (+15.6%) | 8% below |
| 61555 | $880 | $920 | $1,160 | $1,490 | $1,640 | +$160 (+16.0%) | 4% below |
| 61559 | $970 | $1,020 | $1,280 | $1,640 | $1,810 | +$180 (+16.4%) | 6% above |
| 61560 | $690 | $770 | $940 | $1,220 | $1,400 | −$10 (−1.1%) | 22% below |
| 61561 | $1,020 | $1,070 | $1,350 | $1,730 | $1,900 | +$230 (+20.5%) | 11% above |
| 61562 | $910 | $960 | $1,210 | $1,550 | $1,710 | +$180 (+17.5%) | about the same as |
| 61564 | $760 | $800 | $1,010 | $1,300 | $1,420 | +$90 (+9.8%) | 17% below |
| 61565 | $700 | $740 | $940 | $1,220 | $1,310 | +$20 (+2.2%) | 22% below |
| 61568 | $930 | $980 | $1,230 | $1,580 | $1,730 | +$200 (+19.4%) | 1% above |
| 61569 | $830 | $880 | $1,110 | $1,420 | $1,560 | +$170 (+18.1%) | 8% below |
| 61570 | $830 | $870 | $1,100 | $1,410 | $1,550 | +$120 (+12.2%) | 9% below |
| 61571 | $970 | $1,020 | $1,280 | $1,640 | $1,810 | +$180 (+16.4%) | 6% above |
| 61601 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61602 | $1,020 | $1,070 | $1,350 | $1,730 | $1,900 | +$130 (+10.7%) | 11% above |
| 61603 | $980 | $1,030 | $1,300 | $1,670 | $1,830 | +$190 (+17.1%) | 7% above |
| 61604 | $920 | $970 | $1,220 | $1,570 | $1,720 | +$170 (+16.2%) | 1% above |
| 61605 | $870 | $910 | $1,150 | $1,480 | $1,620 | +$180 (+18.6%) | 5% below |
| 61606 | $900 | $940 | $1,190 | $1,530 | $1,680 | +$180 (+17.8%) | 2% below |
| 61607 | $1,000 | $1,050 | $1,330 | $1,710 | $1,880 | +$240 (+22.0%) | 10% above |
| 61610 | $780 | $820 | $1,030 | $1,320 | $1,450 | +$110 (+12.0%) | 15% below |
| 61611 | $880 | $930 | $1,170 | $1,500 | $1,650 | +$170 (+17.0%) | 3% below |
| 61612 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61613 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61614 | $910 | $950 | $1,200 | $1,540 | $1,690 | +$170 (+16.5%) | 1% below |
| 61615 | $1,050 | $1,100 | $1,390 | $1,790 | $1,960 | +$190 (+15.8%) | 15% above |
| 61616 | $880 | $920 | $1,160 | $1,490 | $1,640 | +$140 (+13.7%) | 4% below |
| 61625 | $900 | $940 | $1,190 | $1,530 | $1,680 | +$180 (+17.8%) | 2% below |
| 61630 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61636 | $940 | $990 | $1,250 | $1,610 | $1,760 | n/a | 3% above |
| 61651 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61652 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61653 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61654 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61655 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61656 | $940 | $990 | $1,250 | $1,610 | $1,760 | +$190 (+17.9%) | 3% above |
| 61721 | $1,350 | $1,420 | $1,790 | $2,300 | $2,520 | +$370 (+26.1%) | 48% above |
| 61725 | $1,230 | $1,300 | $1,660 | $2,160 | $2,260 | +$440 (+36.1%) | 37% above |
| 61729 | $950 | $1,000 | $1,260 | $1,620 | $1,780 | +$200 (+18.9%) | 4% above |
| 61732 | $1,110 | $1,170 | $1,510 | $1,980 | $1,990 | +$60 (+4.1%) | 25% above |
| 61733 | $1,090 | $1,140 | $1,440 | $1,850 | $2,030 | +$190 (+15.2%) | 19% above |
| 61734 | $840 | $880 | $1,110 | $1,430 | $1,570 | +$140 (+14.4%) | 8% below |
| 61738 | $930 | $970 | $1,230 | $1,580 | $1,730 | +$190 (+18.3%) | 1% above |
| 61740 | $690 | $740 | $940 | $1,220 | $1,310 | −$20 (−2.1%) | 22% below |
| 61742 | $1,070 | $1,130 | $1,420 | $1,820 | $2,000 | +$220 (+18.3%) | 17% above |
| 61744 | $840 | $900 | $1,180 | $1,550 | $1,560 | +$200 (+20.4%) | 3% below |
| 61747 | $840 | $880 | $1,110 | $1,430 | $1,570 | +$110 (+11.0%) | 8% below |
| 61748 | $840 | $900 | $1,180 | $1,550 | $1,560 | +$200 (+20.4%) | 3% below |
| 61755 | $890 | $940 | $1,180 | $1,550 | $1,660 | +$140 (+13.5%) | 3% below |
| 61759 | $840 | $900 | $1,180 | $1,550 | $1,560 | +$200 (+20.4%) | 3% below |
| 61760 | $970 | $1,020 | $1,290 | $1,660 | $1,820 | +$180 (+16.2%) | 6% above |
| 61771 | $810 | $850 | $1,070 | $1,370 | $1,510 | +$10 (+0.9%) | 12% below |
| 61774 | $1,150 | $1,210 | $1,570 | $2,060 | $2,060 | +$150 (+10.6%) | 30% above |
| 62635 | $740 | $830 | $1,050 | $1,270 | $1,400 | −$30 (−2.8%) | 13% below |
| 62682 | $770 | $850 | $1,100 | $1,430 | $1,670 | +$60 (+5.8%) | 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).
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.