FY2027 Fair Market Rent · Illinois

Cook County Fair Market Rent & Income Limits

HUD's FY2027 Fair Market Rent for a two-bedroom home in Cook County, IL is $2,011 a month, up 12.9% from FY2026. The area median family income is $121,500, and a family of four counts as low income up to $97,200 a year.

2-bedroom FMR$2,011per month ▲ 12.9%

Median family income$121,500FY2026 ▲ 1.3%

80% limit, 4 people$97,200low income

Fair Market Rent by unit size

Studio$1,678▲ 13.4%

1 BR$1,780▲ 12.6%

2 BR$2,011▲ 12.9%

3 BR$2,586▲ 12.7%

4 BR$2,954▲ 11.3%

FY2027 FY2026

Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Cook County, IL.

Household size Yearly household income$

Low income (80% limit)

A household of 4 earning $95,200 is under the 80% limit of $97,200 for this area. At 30% of income it could pay about $2,380 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits in Cook County

HUD's FY2026 income limits for Chicago-Joliet-Naperville, IL are based on a median family income of $121,500. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.

FY2026 income limits by household size (yearly gross income)
People	Extremely low30% / poverty	Very low50%	60% (LIHTC)MTSP	Low income80%
1	$25,550	$42,550	$51,060	$68,050
2	$29,200	$48,600	$58,320	$77,800
3	$32,850	$54,700	$65,640	$87,500
4	$36,450	$60,750	$72,900	$97,200
5	$39,400	$65,650	$78,780	$105,000
6	$44,360	$70,500	$84,600	$112,800
7	$50,040	$75,350	$90,420	$120,550
8	$55,720	$80,200	$96,240	$128,350

HERA Special area. Tax-credit properties placed in service before 2009 may use HUD's higher HERA hold-harmless 60% limits here: $76,740 for four people, against the regular $72,900.

Rent history

Since FY2017 the two-bedroom FMR here has gone from $1,232 to $2,011, up 63.2% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $498.

What it takes to afford the rent

To keep a two-bedroom rent of $2,011 at no more than 30% of income, the usual affordability rule, a household needs about $80,400 a year. That is 66% of the area median family income of $121,500, so a typical family can afford it with room to spare.

Fair Market Rent by year (monthly gross rent incl. utilities)
Unit	FY2027	FY2026	FY2025	Income to affordat 30%
Studio	$1,678	$1,480	$1,458	$67,100
1 bedroom	$1,780	$1,581	$1,560	$71,200
2 bedrooms	$2,011	$1,781	$1,761	$80,400
3 bedrooms	$2,586	$2,294	$2,262	$103,400
4 bedrooms	$2,954	$2,653	$2,657	$118,200

How Cook County compares

Cook County is part of the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, together with DuPage County, Kane County, Lake County, McHenry County and Will County. HUD publishes one Fair Market Rent and one set of income limits for the whole area, so the numbers on this page apply in every county of it.

Cook County has the 2nd highest two-bedroom Fair Market Rent of the 102 counties in Illinois; the population-weighted average across Illinois is $1,724 and the nationwide average is $1,751.

Kendall County $2,341Grundy County $1,613DeKalb County $1,481Calhoun County $1,349Clinton County $1,349Jersey County $1,349

All 102 counties in Illinois →

Small Area FMRs by ZIP code

HUD also publishes Small Area Fair Market Rents for each ZIP code. In Cook County the two-bedroom figure ranges from $1,100 to $3,020 across 203 ZIP codes, against the area-wide $2,011. Chicago-Joliet-Naperville, IL is one of HUD's mandatory Small Area FMR areas (designated 2016), so housing agencies there must set voucher payment standards from these ZIP-code rents.

ZIP	Place	2 BR SAFMR	110% payment std.
60010	Barrington	$3,020	$3,322
60053	Morton Grove	$3,020	$3,322
60091	Wilmette	$3,020	$3,322
60192	Hoffman Estates	$3,020	$3,322
60301	Oak Park	$3,020	$3,322
60422	Flossmoor	$3,020	$3,322
60601	Chicago	$3,020	$3,322
60602	Chicago	$3,020	$3,322
60604	Chicago	$3,020	$3,322
60605	Chicago	$3,020	$3,322
60606	Chicago	$3,020	$3,322
60607	Chicago	$3,020	$3,322
60610	Chicago	$3,020	$3,322
60611	Chicago	$3,020	$3,322
60614	Chicago	$3,020	$3,322
60642	Chicago	$3,020	$3,322
60654	Chicago	$3,020	$3,322
60657	Chicago	$3,020	$3,322
60661	Chicago	$3,020	$3,322
60712	Lincolnwood	$3,020	$3,322
60603	Chicago	$2,960	$3,256
60613	Chicago	$2,910	$3,201
60043	Kenilworth	$2,880	$3,168
60467	Orland Park	$2,880	$3,168
60622	Chicago	$2,810	$3,091
60022	Glencoe	$2,790	$3,069
60558	Western Springs	$2,710	$2,981
60026	Glenview	$2,680	$2,948
60473	South Holland	$2,680	$2,948
60062	Northbrook	$2,650	$2,915
60193	Schaumburg	$2,640	$2,904
60093	Winnetka	$2,630	$2,893
60201	Evanston	$2,630	$2,893
60208	Evanston	$2,630	$2,893
60463	Palos Heights	$2,620	$2,882
60194	Schaumburg	$2,610	$2,871
60029	Golf	$2,600	$2,860
60640	Chicago	$2,600	$2,860
60203	Evanston	$2,570	$2,827
60647	Chicago	$2,570	$2,827
60107	Streamwood	$2,550	$2,805
60660	Chicago	$2,500	$2,750
60004	Arlington Heights	$2,470	$2,717
60173	Schaumburg	$2,470	$2,717
60202	Evanston	$2,460	$2,706
60154	Westchester	$2,440	$2,684
60615	Chicago	$2,440	$2,684
60478	Country Club Hills	$2,430	$2,673
60461	Olympia Fields	$2,410	$2,651
60025	Glenview	$2,390	$2,629
60195	Schaumburg	$2,390	$2,629
60625	Chicago	$2,390	$2,629
60618	Chicago	$2,330	$2,563
60169	Hoffman Estates	$2,310	$2,541
60090	Wheeling	$2,290	$2,519
60428	Markham	$2,290	$2,519
60626	Chicago	$2,280	$2,508
60616	Chicago	$2,270	$2,497
60016	Des Plaines	$2,230	$2,453
60443	Matteson	$2,230	$2,453
60076	Skokie	$2,220	$2,442
60007	Elk Grove Village	$2,210	$2,431
60005	Arlington Heights	$2,200	$2,420
60631	Chicago	$2,190	$2,409
60074	Palatine	$2,170	$2,387
60425	Glenwood	$2,170	$2,387
60008	Rolling Meadows	$2,160	$2,376
60645	Chicago	$2,150	$2,365
60067	Palatine	$2,130	$2,343
60612	Chicago	$2,130	$2,343
60464	Palos Park	$2,100	$2,310
60068	Park Ridge	$2,090	$2,299
60630	Chicago	$2,090	$2,299
60077	Skokie	$2,080	$2,288
60659	Chicago	$2,080	$2,288
60525	La Grange	$2,050	$2,255
60056	Mount Prospect	$2,040	$2,244
60472	Robbins	$2,030	$2,233
60419	Dolton	$2,020	$2,222
60302	Oak Park	$2,010	$2,211
60305	River Forest	$2,010	$2,211
60477	Tinley Park	$2,010	$2,211
60480	Willow Springs	$2,010	$2,211
60655	Chicago	$2,010	$2,211
60006	Arlington Heights	$1,980	$2,178
60009	Elk Grove Village	$1,980	$2,178
60017	Des Plaines	$1,980	$2,178
60055	Palatine	$1,980	$2,178
60065	Northbrook	$1,980	$2,178
60078	Palatine	$1,980	$2,178
60095	Palatine	$1,980	$2,178
60159	Schaumburg	$1,980	$2,178
60161	Melrose Park	$1,980	$2,178
60168	Schaumburg	$1,980	$2,178
60196	Schaumburg	$1,980	$2,178
60204	Evanston	$1,980	$2,178
60303	Oak Park	$1,980	$2,178
60412	Chicago Heights	$1,980	$2,178
60429	Hazel Crest	$1,980	$2,178
60454	Oak Lawn	$1,980	$2,178
60466	Park Forest	$1,980	$2,178
60499	Bedford Park	$1,980	$2,178
60666	Chicago	$1,980	$2,178
60669	Chicago	$1,980	$2,178
60670	Chicago	$1,980	$2,178
60673	Chicago	$1,980	$2,178
60674	Chicago	$1,980	$2,178
60675	Chicago	$1,980	$2,178
60678	Chicago	$1,980	$2,178
60682	Chicago	$1,980	$2,178
60685	Chicago	$1,980	$2,178
60686	Chicago	$1,980	$2,178
60687	Chicago	$1,980	$2,178
60688	Chicago	$1,980	$2,178
60689	Chicago	$1,980	$2,178
60690	Chicago	$1,980	$2,178
60693	Chicago	$1,980	$2,178
60694	Chicago	$1,980	$2,178
60695	Chicago	$1,980	$2,178
60697	Chicago	$1,980	$2,178
60699	Chicago	$1,980	$2,178
60701	Chicago	$1,980	$2,178
60487	Tinley Park	$1,970	$2,167
60641	Chicago	$1,970	$2,167
60430	Homewood	$1,960	$2,156
60462	Orland Park	$1,960	$2,156
60656	Chicago	$1,960	$2,156
60526	La Grange Park	$1,940	$2,134
60070	Prospect Heights	$1,930	$2,123
60634	Chicago	$1,930	$2,123
60646	Chicago	$1,920	$2,112
60120	Elgin	$1,910	$2,101
60469	Posen	$1,910	$2,101
60130	Forest Park	$1,900	$2,090
60805	Evergreen Park	$1,890	$2,079
60162	Hillside	$1,880	$2,068
60471	Richton Park	$1,880	$2,068
60643	Chicago	$1,880	$2,068
60652	Chicago	$1,880	$2,068
60456	Hometown	$1,870	$2,057
60707	Elmwood Park	$1,860	$2,046
60453	Oak Lawn	$1,850	$2,035
60513	Brookfield	$1,840	$2,024
60638	Chicago	$1,830	$2,013
60304	Oak Park	$1,820	$2,002
60452	Oak Forest	$1,820	$2,002
60546	Riverside	$1,810	$1,991
60165	Stone Park	$1,800	$1,980
60418	Crestwood	$1,780	$1,958
60438	Lansing	$1,780	$1,958
60465	Palos Hills	$1,780	$1,958
60639	Chicago	$1,760	$1,936
60459	Burbank	$1,750	$1,925
60714	Niles	$1,750	$1,925
60458	Justice	$1,740	$1,914
60637	Chicago	$1,740	$1,914
60706	Harwood Heights	$1,740	$1,914
60171	River Grove	$1,730	$1,903
60415	Chicago Ridge	$1,730	$1,903
60608	Chicago	$1,730	$1,903
60163	Berkeley	$1,720	$1,892
60176	Schiller Park	$1,720	$1,892
60624	Chicago	$1,720	$1,892
60651	Chicago	$1,720	$1,892
60153	Maywood	$1,710	$1,881
60649	Chicago	$1,710	$1,881
60104	Bellwood	$1,700	$1,870
60628	Chicago	$1,700	$1,870
60411	Chicago Heights	$1,690	$1,859
60804	Cicero	$1,690	$1,859
60018	Des Plaines	$1,670	$1,837
60439	Lemont	$1,650	$1,815
60160	Melrose Park	$1,640	$1,804
60409	Calumet City	$1,640	$1,804
60619	Chicago	$1,640	$1,804
60620	Chicago	$1,640	$1,804
60644	Chicago	$1,640	$1,804
60402	Berwyn	$1,630	$1,793
60445	Midlothian	$1,630	$1,793
60633	Chicago	$1,620	$1,782
60636	Chicago	$1,620	$1,782
60476	Thornton	$1,610	$1,771
60482	Worth	$1,610	$1,771
60827	Riverdale	$1,610	$1,771
60455	Bridgeview	$1,590	$1,749
60131	Franklin Park	$1,570	$1,727
60164	Melrose Park	$1,570	$1,727
60629	Chicago	$1,570	$1,727
60803	Alsip	$1,560	$1,716
60155	Broadview	$1,550	$1,705
60501	Summit Argo	$1,530	$1,683
60534	Lyons	$1,530	$1,683
60621	Chicago	$1,530	$1,683
60623	Chicago	$1,530	$1,683
60457	Hickory Hills	$1,520	$1,672
60617	Chicago	$1,520	$1,672
60653	Chicago	$1,510	$1,661
60406	Blue Island	$1,500	$1,650
60609	Chicago	$1,500	$1,650
60632	Chicago	$1,500	$1,650
60426	Harvey	$1,470	$1,617
60475	Steger	$1,430	$1,573
60141	Hines	$1,100	$1,210

Questions

What is the Fair Market Rent in Cook County, IL for 2027?

For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Cook County, IL are $1,678 for a studio, $1,780 for one bedroom, $2,011 for two bedrooms, $2,586 for three and $2,954 for four bedrooms, per month including utilities.

What is the area median income in Cook County, IL?

HUD's FY2026 median family income for the area is $121,500, up 1.3% from $119,900 in FY2025.

What is 80% of AMI in Cook County, IL for a family of 4?

The FY2026 low-income limit (80%) for a household of four is $97,200 a year. The very low-income limit (50%) is $60,750 and the extremely low-income limit is $36,450.

What is the 60% AMI limit for tax credit housing in Cook County, IL?

Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $51,060 for one person and $72,900 for four. Some older tax-credit properties here use higher HERA hold-harmless limits.

Is the Fair Market Rent the same as the Section 8 payment standard?

No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $1,810 to $2,212), and can ask HUD for exceptions. Check the payment standard with your local housing agency.