FY2027 Small Area FMR · Odell, IL

ZIP 60460 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60460 (Odell, IL) is $1,130 a month, down 8.1% from FY2026. That is 13% above the Livingston County, IL area-wide FMR of $996.

2-bedroom SAFMR$1,130per month ▼ 8.1%

Area-wide 2 BR FMR$996Livingston County, IL

Rank in the area14thof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$790▼ 7.1%

1 BR$860▼ 8.5%

2 BR$1,130▼ 8.1%

3 BR$1,400▼ 8.5%

4 BR$1,510▼ 7.4%

FY2027 FY2026

Where 60460 sits in the Livingston County, IL area

Of the 33 ZIP codes HUD lists for the area, 60460 has the 14th highest two-bedroom Small Area FMR. Livingston County, IL is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $996 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$790	$711 – $869	$694	$850
1 bedroom	$860	$774 – $946	$761	$940
2 bedrooms	$1,130	$1,017 – $1,243	$996	$1,230
3 bedrooms	$1,400	$1,260 – $1,540	$1,233	$1,530
4 bedrooms	$1,510	$1,359 – $1,661	$1,328	$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $96,500 and the 80% low-income limit for four people is $77,200. ZIP code 60460 lies mainly in Livingston County. See the Livingston County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61313	Blackstone	8.6 mi	$1,020
60420	Dwight	8.7 mi	$1,320
61764	Pontiac	9.4 mi	$980
60934	Emington	10.0 mi	$1,090
61769	Saunemin	10.6 mi	$1,000
61319	Cornell	10.8 mi	$980

Questions

What is the Fair Market Rent for ZIP code 60460?

HUD's FY2027 Small Area Fair Market Rents for 60460 are $790 (studio), $860 (1 BR), $1,130 (2 BR), $1,400 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 60460?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60460 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60460?

The FY2026 income limits of the Livingston County, IL area apply: median family income $96,500, low-income (80%) limit $77,200 for a family of four.