FY2027 Small Area FMR · Rolling Meadows, IL

ZIP 60008 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60008 (Rolling Meadows, IL) is $2,160 a month, up 11.3% from FY2026. That is 7% above the Chicago-Joliet-Naperville, IL area-wide FMR of $2,011.

2-bedroom SAFMR$2,160per month ▲ 11.3%

Area-wide 2 BR FMR$2,011Chicago-Joliet-Naperville, I

Rank in the area149thof 370 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,944

2 BR Small Area FMR$2,160

110% of SAFMR$2,376

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,800▲ 11.8%

1 BR$1,910▲ 11.0%

2 BR$2,160▲ 11.3%

3 BR$2,780▲ 11.2%

4 BR$3,170▲ 9.7%

FY2027 FY2026

Where 60008 sits in the Chicago-Joliet-Naperville, IL area

Of the 370 ZIP codes HUD lists for the area, 60008 has the 149th highest two-bedroom Small Area FMR. Chicago-Joliet-Naperville, IL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,944 and $2,376 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,800	$1,620 – $1,980	$1,678	$1,610
1 bedroom	$1,910	$1,719 – $2,101	$1,780	$1,720
2 bedrooms	$2,160	$1,944 – $2,376	$2,011	$1,940
3 bedrooms	$2,780	$2,502 – $3,058	$2,586	$2,500
4 bedrooms	$3,170	$2,853 – $3,487	$2,954	$2,890

A household renting a two-bedroom home at the Small Area FMR of $2,160 needs about $86,400 a year to keep housing costs at 30% of income. The area median family income is $121,500 and the 80% low-income limit for four people is $97,200. ZIP code 60008 lies mainly in Cook County. See the Chicago-Joliet-Naperville, IL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
60005	Arlington Heights	2.1 mi	$2,200
60173	Schaumburg	2.5 mi	$2,470
60067	Palatine	3.0 mi	$2,130
60004	Arlington Heights	3.3 mi	$2,470
60195	Schaumburg	3.3 mi	$2,390
60074	Palatine	3.7 mi	$2,170

Questions

What is the Fair Market Rent for ZIP code 60008?

HUD's FY2027 Small Area Fair Market Rents for 60008 are $1,800 (studio), $1,910 (1 BR), $2,160 (2 BR), $2,780 (3 BR) and $3,170 (4 BR) a month.

What is the Section 8 payment standard in 60008?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60008 that range is $1,944 to $2,376 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60008?

The FY2026 income limits of the Chicago-Joliet-Naperville, IL area apply: median family income $121,500, low-income (80%) limit $97,200 for a family of four.