What is the Fair Market Rent in Lyons Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,530 to $2,710 a month across the 8 ZIP codes that cover Lyons Township.
By ZIP code: 60458 $1,740, 60501 $1,530, 60525 $2,050, 60534 $1,530, 60558 $2,710, 60455 $1,590, 60513 $1,840, 60480 $2,010.
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 Lyons Township is $1,316 (±$54), below the Small Area figure for ZIP 60458.
Figures last updated on .
- 2 bedrooms, whole area
- $2,011
- 2 bedrooms, ZIP 60458
- $1,740
- 2 bedrooms, ZIP 60501
- $1,530
- 2 bedrooms, ZIP 60525
- $2,050
Fair Market Rents for Lyons 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 60458 | $1,450 | $1,540 | $1,740 | $2,240 | $2,560 | $1,271 |
| ZIP 60501 | $1,280 | $1,350 | $1,530 | $1,970 | $2,250 | $1,142 |
| ZIP 60525 | $1,710 | $1,810 | $2,050 | $2,640 | $3,010 | $1,569 |
| ZIP 60534 (99% of the ZIP’s land is in this place) | $1,280 | $1,350 | $1,530 | $1,970 | $2,250 | $1,196 |
| ZIP 60558 (97% of the ZIP’s land is in this place) | $2,260 | $2,400 | $2,710 | $3,490 | $3,980 | $2,006 |
| ZIP 60455 (60% of the ZIP’s land is in this place) | $1,330 | $1,410 | $1,590 | $2,040 | $2,340 | $1,177 |
| ZIP 60513 (35% of the ZIP’s land is in this place) | $1,540 | $1,630 | $1,840 | $2,370 | $2,700 | $1,415 |
| ZIP 60480 (30% of the ZIP’s land is in this place) | $1,680 | $1,780 | $2,010 | $2,580 | $2,950 | $1,463 |
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 Lyons Township
What is the Section 8 payment standard in Lyons 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 60458 is $1,740.
What is the Fair Market Rent for a two-bedroom in ZIP 60458?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60458 is $1,740 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,271 (±$73).
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 60525?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60525 is $2,050 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,569 (±$111).
What is the Fair Market Rent for a one-bedroom in Lyons Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60458 is $1,540 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 .
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