What is the Fair Market Rent in Tinley Park, IL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,970 to $2,010 a month across the 2 ZIP codes that cover Tinley Park.

By ZIP code: 60487 $1,970, 60477 $2,010.

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 Tinley Park is $1,466 (±$85), below the Small Area figure for ZIP 60487.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,011
2 bedrooms, ZIP 60487: $1,970
2 bedrooms, ZIP 60477: $2,010

Fair Market Rents for Tinley Park, 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 60487 (75% of the ZIP’s land is in this place)	$1,640	$1,740	$1,970	$2,530	$2,890	$1,369
ZIP 60477 (73% of the ZIP’s land is in this place)	$1,680	$1,780	$2,010	$2,580	$2,950	$1,489

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 Tinley Park

What is the Section 8 payment standard in Tinley Park?

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 60487 is $1,970.

What is the Fair Market Rent for a two-bedroom in ZIP 60487?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60487 is $1,970 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,369 (±$249).

What is the Fair Market Rent for a two-bedroom in ZIP 60477?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60477 is $2,010 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,489 (±$92).

What is the Fair Market Rent for a one-bedroom in Tinley Park?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60487 is $1,740 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.