What is the Fair Market Rent in Niles Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,750 to $3,020 a month across the 7 ZIP codes that cover Niles Township.
By ZIP code: 60029 $2,600, 60076 $2,220, 60077 $2,080, 60203 $2,570, 60712 $3,020, 60053 $3,020, 60714 $1,750.
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 Niles Township is $1,688 (±$101), below the Small Area figure for ZIP 60029.
Figures last updated on .
- 2 bedrooms, whole area
- $2,011
- 2 bedrooms, ZIP 60029
- $2,600
- 2 bedrooms, ZIP 60076
- $2,220
- 2 bedrooms, ZIP 60077
- $2,080
Fair Market Rents for Niles 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 60029 | $2,170 | $2,300 | $2,600 | $3,340 | $3,820 | — |
| ZIP 60076 | $1,850 | $1,970 | $2,220 | $2,850 | $3,260 | $1,620 |
| ZIP 60077 | $1,740 | $1,840 | $2,080 | $2,670 | $3,060 | $1,508 |
| ZIP 60203 | $2,140 | $2,270 | $2,570 | $3,300 | $3,770 | $1,795 |
| ZIP 60712 | $2,520 | $2,670 | $3,020 | $3,880 | $4,440 | $3,500 or more |
| ZIP 60053 (82% of the ZIP’s land is in this place) | $2,520 | $2,670 | $3,020 | $3,880 | $4,440 | $2,164 |
| ZIP 60714 (46% of the ZIP’s land is in this place) | $1,460 | $1,550 | $1,750 | $2,250 | $2,570 | $1,336 |
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 Niles Township
What is the Section 8 payment standard in Niles 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 60029 is $2,600.
What is the Fair Market Rent for a two-bedroom in ZIP 60029?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60029 is $2,600 a month.
What is the Fair Market Rent for a two-bedroom in ZIP 60076?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60076 is $2,220 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,620 (±$130).
What is the Fair Market Rent for a two-bedroom in ZIP 60077?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60077 is $2,080 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,508 (±$86).
What is the Fair Market Rent for a one-bedroom in Niles Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60029 is $2,300 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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