What is the Fair Market Rent in Rich Township, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,880 to $3,020 a month across the 6 ZIP codes that cover Rich Township.

By ZIP code: 60443 $2,230, 60471 $1,880, 60461 $2,410, 60422 $3,020, 60478 $2,430, 60466 $1,980.

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 Rich Township is $1,427 (±$108), below the Small Area figure for ZIP 60443.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60443
$2,230
2 bedrooms, ZIP 60471
$1,880
2 bedrooms, ZIP 60461
$2,410

Fair Market Rents for Rich 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 60443$1,860$1,970$2,230$2,870$3,280$1,480
ZIP 60471 (96% of the ZIP’s land is in this place)$1,570$1,660$1,880$2,420$2,760$1,307
ZIP 60461 (91% of the ZIP’s land is in this place)$2,000$2,140$2,410$3,100$3,590$3,500 or more
ZIP 60422 (70% of the ZIP’s land is in this place)$2,520$2,670$3,020$3,880$4,440$2,164
ZIP 60478 (60% of the ZIP’s land is in this place)$2,030$2,150$2,430$3,120$3,570$1,709
ZIP 60466 (54% of the ZIP’s land is in this place)$1,650$1,750$1,980$2,550$2,910$1,365

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 Rich Township

What is the Section 8 payment standard in Rich 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 60443 is $2,230.

What is the Fair Market Rent for a two-bedroom in ZIP 60443?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60443 is $2,230 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,480 (±$375).

What is the Fair Market Rent for a two-bedroom in ZIP 60471?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60471 is $1,880 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,307 (±$119).

What is the Fair Market Rent for a two-bedroom in ZIP 60461?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60461 is $2,410 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $3,500 or more.

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60443 is $1,970 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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