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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,470 to $2,680 a month across the 8 ZIP codes that cover Thornton Township.

By ZIP code: 60409 $1,640, 60419 $2,020, 60473 $2,680, 60476 $1,610, 60426 $1,470, 60438 $1,780, 60430 $1,960, 60827 $1,610.

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 Thornton Township is $1,155 (±$25), below the Small Area figure for ZIP 60409.

Figures last updated on .

2 bedrooms, whole area
$2,011
2 bedrooms, ZIP 60409
$1,640
2 bedrooms, ZIP 60419
$2,020
2 bedrooms, ZIP 60473
$2,680

Fair Market Rents for Thornton 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 60409$1,370$1,450$1,640$2,110$2,410$1,177
ZIP 60419$1,690$1,790$2,020$2,600$2,970$1,384
ZIP 60473$2,240$2,370$2,680$3,450$3,940$1,856
ZIP 60476$1,340$1,430$1,610$2,070$2,360$1,107
ZIP 60426 (91% of the ZIP’s land is in this place)$1,230$1,300$1,470$1,890$2,160$986
ZIP 60438 (73% of the ZIP’s land is in this place)$1,490$1,580$1,780$2,290$2,610$1,271
ZIP 60430 (43% of the ZIP’s land is in this place)$1,640$1,730$1,960$2,520$2,880$1,340
ZIP 60827 (35% of the ZIP’s land is in this place)$1,340$1,430$1,610$2,070$2,360$1,087

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 Thornton Township

What is the Section 8 payment standard in Thornton 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 60409 is $1,640.

What is the Fair Market Rent for a two-bedroom in ZIP 60409?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60409 is $1,640 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,177 (±$41).

What is the Fair Market Rent for a two-bedroom in ZIP 60419?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60419 is $2,020 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,384 (±$88).

What is the Fair Market Rent for a two-bedroom in ZIP 60473?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60473 is $2,680 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,856 (±$229).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60409 is $1,450 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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