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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,310 to $2,640 a month across the 5 ZIP codes that cover Schaumburg Township.

By ZIP code: 60193 $2,640, 60194 $2,610, 60169 $2,310, 60173 $2,470, 60195 $2,390.

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 Schaumburg Township is $1,814 (±$39), below the Small Area figure for ZIP 60193.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,011
2 bedrooms, ZIP 60193: $2,640
2 bedrooms, ZIP 60194: $2,610
2 bedrooms, ZIP 60169: $2,310

Fair Market Rents for Schaumburg 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
	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 60193 (98% of the ZIP’s land is in this place)	$2,200	$2,340	$2,640	$3,400	$3,880	$1,750
ZIP 60194 (95% of the ZIP’s land is in this place)	$2,180	$2,310	$2,610	$3,360	$3,830	$1,968
ZIP 60169 (82% of the ZIP’s land is in this place)	$1,930	$2,040	$2,310	$2,970	$3,390	$1,670
ZIP 60173 (81% of the ZIP’s land is in this place)	$2,060	$2,190	$2,470	$3,180	$3,630	$1,812
ZIP 60195 (57% of the ZIP’s land is in this place)	$1,990	$2,120	$2,390	$3,070	$3,510	$1,778

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 Schaumburg Township

What is the Section 8 payment standard in Schaumburg 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 60193 is $2,640.

What is the Fair Market Rent for a two-bedroom in ZIP 60193?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60193 is $2,640 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,750 (±$87).

What is the Fair Market Rent for a two-bedroom in ZIP 60194?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60194 is $2,610 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,968 (±$114).

What is the Fair Market Rent for a two-bedroom in ZIP 60169?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60169 is $2,310 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,670 (±$97).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60193 is $2,340 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.