What is the Fair Market Rent in Bedford Park, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,530 to $1,830 a month across the 2 ZIP codes that cover Bedford Park.

By ZIP code: 60501 $1,530, 60638 $1,830.

Across the whole Chicago-Joliet-Naperville, IL HUD Metro FMR Area the two-bedroom figure is $2,011.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60501
$1,530
2 bedrooms, ZIP 60638
$1,830

Fair Market Rents for Bedford Park, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Chicago-Joliet-Naperville, IL HUD Metro FMR Area (whole area)$1,678$1,780$2,011$2,586$2,954—
ZIP 60501 (41% of the ZIP’s land is in this place)$1,280$1,350$1,530$1,970$2,250$1,142
ZIP 60638 (35% of the ZIP’s land is in this place)$1,530$1,620$1,830$2,350$2,690$1,348

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Bedford Park

What is the Section 8 payment standard in Bedford Park?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $2,011, and the Small Area figure for 60501 is $1,530.

What is the Fair Market Rent for a two-bedroom in ZIP 60501?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60501 is $1,530 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,142 (±$121).

What is the Fair Market Rent for a two-bedroom in ZIP 60638?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60638 is $1,830 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,348 (±$120).

What is the Fair Market Rent for a one-bedroom in Bedford Park?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60501 is $1,350 a month, against $1,780 across the Chicago-Joliet-Naperville, IL HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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