What is the Fair Market Rent in Markham, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60428, which covers Markham, is $2,290 a month.
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 60428
- $2,290
Fair Market Rents for Markham, 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 60428 | $1,910 | $2,030 | $2,290 | $2,940 | $3,360 | $1,599 |
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.
What you can do on Seayora in Markham
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Markham beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Markham, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Markham, and send estimates and invoices from your phone.
Questions about Markham
What is the Section 8 payment standard in Markham?
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 60428 is $2,290.
What is the Fair Market Rent for a two-bedroom in ZIP 60428?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60428 is $2,290 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,599 (±$213).
What is the Fair Market Rent for a one-bedroom in Markham?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60428 is $2,030 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
- Housing in Markham at a glance
- Median rent in Markham
- Rent by bedrooms in Markham
- Rent burden in Markham
- Renters and owners in Markham
- Income and affordability in Markham
- Home values in Markham
- Homeowner costs in Markham
- Property taxes in Markham
- Types of homes in Markham
- Bedrooms in Markham
- Age of homes in Markham
- Heating fuel in Markham
- Commute and cars in Markham
- Population growth in Markham
- How long people stay in Markham
- Crowding and facilities in Markham
- Illinois landlord and tenant rules
- Housing across Cook County
- Housing data for every place in Illinois