What is the Fair Market Rent in Green Garden Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,980 to $2,060 a month across the 2 ZIP codes that cover Green Garden Township.
By ZIP code: 60423 $2,060, 60449 $1,980.
Across the whole Chicago-Joliet-Naperville, IL HUD Metro FMR Area the two-bedroom figure is $2,011.
The Census Bureau’s median gross rent for a two-bedroom home in Green Garden Township is $1,123 (±$83), below the Small Area figure for ZIP 60423.
Figures last updated on .
- 2 bedrooms, whole area
- $2,011
- 2 bedrooms, ZIP 60423
- $2,060
- 2 bedrooms, ZIP 60449
- $1,980
Fair Market Rents for Green Garden Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Chicago-Joliet-Naperville, IL HUD Metro FMR Area (whole area) | $1,678 | $1,780 | $2,011 | $2,586 | $2,954 | — |
| ZIP 60423 (39% of the ZIP’s land is in this place) | $1,720 | $1,820 | $2,060 | $2,650 | $3,030 | $1,492 |
| ZIP 60449 (35% of the ZIP’s land is in this place) | $1,650 | $1,750 | $1,980 | $2,550 | $2,910 | $1,555 |
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 Green Garden Township
What is the Section 8 payment standard in Green Garden 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 Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $2,011, and the Small Area figure for 60423 is $2,060.
What is the Fair Market Rent for a two-bedroom in ZIP 60423?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60423 is $2,060 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,492 (±$353).
What is the Fair Market Rent for a two-bedroom in ZIP 60449?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60449 is $1,980 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,555 (±$344).
What is the Fair Market Rent for a one-bedroom in Green Garden Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60423 is $1,820 a month, against $1,780 across the Chicago-Joliet-Naperville, IL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, 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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- Income and affordability in Green Garden Township
- Home values in Green Garden Township
- Homeowner costs in Green Garden Township
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- Types of homes in Green Garden Township
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- Heating fuel in Green Garden Township
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- Population growth in Green Garden Township
- Illinois landlord and tenant rules
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- Housing data for every place in Illinois