FY2027 Small Area FMR · Stone Park, IL
ZIP 60165 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60165 (Stone Park, IL) is $1,800 a month, up 18.4% from FY2026. That is 10% below the Chicago-Joliet-Naperville, IL area-wide FMR of $2,011.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 60165 sits in the Chicago-Joliet-Naperville, IL area
Of the 370 ZIP codes HUD lists for the area, 60165 has the 277th 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 $1,620 and $1,980 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,500 | $1,350 – $1,650 | $1,678 | $1,260 |
| 1 bedroom | $1,590 | $1,431 – $1,749 | $1,780 | $1,350 |
| 2 bedrooms | $1,800 | $1,620 – $1,980 | $2,011 | $1,520 |
| 3 bedrooms | $2,310 | $2,079 – $2,541 | $2,586 | $1,960 |
| 4 bedrooms | $2,640 | $2,376 – $2,904 | $2,954 | $2,260 |
A household renting a two-bedroom home at the Small Area FMR of $1,800 needs about $72,000 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 60165 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
Questions
What is the Fair Market Rent for ZIP code 60165?
HUD's FY2027 Small Area Fair Market Rents for 60165 are $1,500 (studio), $1,590 (1 BR), $1,800 (2 BR), $2,310 (3 BR) and $2,640 (4 BR) a month.
What is the Section 8 payment standard in 60165?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60165 that range is $1,620 to $1,980 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 60165?
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.