What is the Fair Market Rent in Naperville, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,490 to $3,020 a month across the 4 ZIP codes that cover Naperville.

By ZIP code: 60540 $2,700, 60563 $2,690, 60565 $2,490, 60564 $3,020.

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 Naperville is $1,935 (±$76), below the Small Area figure for ZIP 60540.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60540
$2,700
2 bedrooms, ZIP 60563
$2,690
2 bedrooms, ZIP 60565
$2,490

Fair Market Rents for Naperville, 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
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Chicago-Joliet-Naperville, IL HUD Metro FMR Area (whole area)$1,678$1,780$2,011$2,586$2,954—
ZIP 60540 (77% of the ZIP’s land is in this place)$2,250$2,390$2,700$3,470$3,970$1,980
ZIP 60563 (68% of the ZIP’s land is in this place)$2,240$2,380$2,690$3,460$3,950$1,835
ZIP 60565 (68% of the ZIP’s land is in this place)$2,080$2,200$2,490$3,200$3,660$1,784
ZIP 60564 (62% of the ZIP’s land is in this place)$2,520$2,670$3,020$3,880$4,440$2,217

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 Naperville

What is the Section 8 payment standard in Naperville?

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 60540 is $2,700.

What is the Fair Market Rent for a two-bedroom in ZIP 60540?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60540 is $2,700 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,980 (±$147).

What is the Fair Market Rent for a two-bedroom in ZIP 60563?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60563 is $2,690 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,835 (±$42).

What is the Fair Market Rent for a two-bedroom in ZIP 60565?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60565 is $2,490 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,784 (±$73).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60540 is $2,390 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.

Figures last updated on .

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