What is the Fair Market Rent in Freeburg Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 62243, which covers Freeburg Township, is $1,360 a month.
Across the whole St. Louis, MO-IL HUD Metro FMR Area the two-bedroom figure is $1,349.
The Census Bureau’s median gross rent for a two-bedroom home in Freeburg Township is $1,060 (±$178), below the Small Area figure for ZIP 62243.
Figures last updated on .
- 2 bedrooms, whole area
- $1,349
- 2 bedrooms, ZIP 62243
- $1,360
Fair Market Rents for Freeburg Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| St. Louis, MO-IL HUD Metro FMR Area (whole area) | $1,064 | $1,104 | $1,349 | $1,731 | $1,997 | — |
| ZIP 62243 (53% of the ZIP’s land is in this place) | $1,070 | $1,110 | $1,360 | $1,750 | $2,010 | $1,079 |
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 Freeburg Township
What is the Section 8 payment standard in Freeburg Township?
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 St. Louis, MO-IL HUD Metro FMR Area is $1,349, and the Small Area figure for 62243 is $1,360.
What is the Fair Market Rent for a two-bedroom in ZIP 62243?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 62243 is $1,360 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,079 (±$160).
What is the Fair Market Rent for a one-bedroom in Freeburg Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 62243 is $1,110 a month, against $1,104 across the St. Louis, MO-IL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: St. Louis, MO-IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: St. Louis, MO-IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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 .
Related
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- Types of homes in Freeburg Township
- Bedrooms in Freeburg Township
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- How long people stay in Freeburg Township
- Illinois landlord and tenant rules
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