What is the Fair Market Rent in Libertyville Township, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,220 to $2,620 a month across the 2 ZIP codes that cover Libertyville Township.

By ZIP code: 60048 $2,220, 60061 $2,620.

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 Libertyville Township is $1,660 (±$120), below the Small Area figure for ZIP 60048.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,011
2 bedrooms, ZIP 60048: $2,220
2 bedrooms, ZIP 60061: $2,620

Fair Market Rents for Libertyville Township, 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
	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 60048 (80% of the ZIP’s land is in this place)	$1,850	$1,970	$2,220	$2,850	$3,260	$1,666
ZIP 60061 (32% of the ZIP’s land is in this place)	$2,190	$2,320	$2,620	$3,370	$3,850	$1,908

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 Libertyville Township

What is the Section 8 payment standard in Libertyville 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 60048 is $2,220.

What is the Fair Market Rent for a two-bedroom in ZIP 60048?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60048 is $2,220 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,666 (±$120).

What is the Fair Market Rent for a two-bedroom in ZIP 60061?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60061 is $2,620 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,908 (±$126).

What is the Fair Market Rent for a one-bedroom in Libertyville Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60048 is $1,970 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.