What is the Fair Market Rent in New Lenox Township, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,770 to $1,950 a month across the 3 ZIP codes that cover New Lenox Township.

By ZIP code: 60451 $1,870, 60432 $1,770, 60448 $1,950.

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 New Lenox Township is $1,409 (±$140), below the Small Area figure for ZIP 60451.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60451
$1,870
2 bedrooms, ZIP 60432
$1,770
2 bedrooms, ZIP 60448
$1,950

Fair Market Rents for New Lenox 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
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 60451 (98% of the ZIP’s land is in this place)$1,560$1,660$1,870$2,400$2,750$1,505
ZIP 60432 (28% of the ZIP’s land is in this place)$1,480$1,570$1,770$2,280$2,600$1,253
ZIP 60448 (26% of the ZIP’s land is in this place)$1,630$1,730$1,950$2,510$2,860$1,259

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 New Lenox Township

What is the Section 8 payment standard in New Lenox 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 60451 is $1,870.

What is the Fair Market Rent for a two-bedroom in ZIP 60451?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60451 is $1,870 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,505 (±$149).

What is the Fair Market Rent for a two-bedroom in ZIP 60432?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60432 is $1,770 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,253 (±$83).

What is the Fair Market Rent for a two-bedroom in ZIP 60448?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60448 is $1,950 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,259 (±$121).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60451 is $1,660 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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