FY2027 Small Area FMR · Plano, IL
ZIP 60545 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60545 (Plano, IL) is $2,120 a month, up 13.4% from FY2026. That is 5% above 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 60545 sits in the Chicago-Joliet-Naperville, IL area
Of the 370 ZIP codes HUD lists for the area, 60545 has the 155th 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 $1,908 and $2,332 for two bedrooms.
ZIP code 60545 crosses more than one HUD area. HUD also lists it under Kendall County, IL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,610 | $1,449 – $1,771 | $1,678 | $1,290 |
| 1 bedroom | $1,620 | $1,458 – $1,782 | $1,780 | $1,430 |
| 2 bedrooms | $2,120 | $1,908 – $2,332 | $2,011 | $1,870 |
| 3 bedrooms | $2,750 | $2,475 – $3,025 | $2,586 | $2,570 |
| 4 bedrooms | $2,930 | $2,637 – $3,223 | $2,954 | $2,660 |
A household renting a two-bedroom home at the Small Area FMR of $2,120 needs about $84,800 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 60545 lies mainly in Kendall 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 60545?
HUD's FY2027 Small Area Fair Market Rents for 60545 are $1,610 (studio), $1,620 (1 BR), $2,120 (2 BR), $2,750 (3 BR) and $2,930 (4 BR) a month.
What is the Section 8 payment standard in 60545?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60545 that range is $1,908 to $2,332 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 60545?
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.