What is the Fair Market Rent in Waukegan Township, IL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,600 to $1,840 a month across the 3 ZIP codes that cover Waukegan Township.
By ZIP code: 60085 $1,720, 60087 $1,840, 60064 $1,600.
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 Waukegan Township is $1,140 (±$47), below the Small Area figure for ZIP 60085.
Figures last updated on .
- 2 bedrooms, whole area
- $2,011
- 2 bedrooms, ZIP 60085
- $1,720
- 2 bedrooms, ZIP 60087
- $1,840
- 2 bedrooms, ZIP 60064
- $1,600
Fair Market Rents for Waukegan 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 60085 (72% of the ZIP’s land is in this place) | $1,440 | $1,520 | $1,720 | $2,210 | $2,530 | $1,161 |
| ZIP 60087 (63% of the ZIP’s land is in this place) | $1,540 | $1,630 | $1,840 | $2,370 | $2,700 | $1,356 |
| ZIP 60064 (44% of the ZIP’s land is in this place) | $1,340 | $1,420 | $1,600 | $2,060 | $2,350 | $1,071 |
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 Waukegan Township
What is the Section 8 payment standard in Waukegan 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 60085 is $1,720.
What is the Fair Market Rent for a two-bedroom in ZIP 60085?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60085 is $1,720 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,161 (±$29).
What is the Fair Market Rent for a two-bedroom in ZIP 60087?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60087 is $1,840 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,356 (±$55).
What is the Fair Market Rent for a two-bedroom in ZIP 60064?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 60064 is $1,600 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,071 (±$125).
What is the Fair Market Rent for a one-bedroom in Waukegan Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 60085 is $1,520 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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