FY2027 Small Area FMR · Bourbonnais, IL

ZIP 60914 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60914 (Bourbonnais, IL) is $1,530 a month, up 2.7% from FY2026. That is 13% above the Kankakee, IL area-wide FMR of $1,349.

2-bedroom SAFMR$1,530per month ▲ 2.7%

Area-wide 2 BR FMR$1,349Kankakee, IL

Rank in the area3rdof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,377

2 BR Small Area FMR$1,530

110% of SAFMR$1,683

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

Studio$1,070▲ 3.9%

1 BR$1,170▲ 2.6%

2 BR$1,530▲ 2.7%

3 BR$2,010▲ 2.6%

4 BR$2,130▲ 7.0%

FY2027 FY2026

Where 60914 sits in the Kankakee, IL area

Of the 21 ZIP codes HUD lists for the area, 60914 has the 3rd highest two-bedroom Small Area FMR. Kankakee, 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 $1,349 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,530 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	$1,070	$963 – $1,177	$939	$1,030
1 bedroom	$1,170	$1,053 – $1,287	$1,031	$1,140
2 bedrooms	$1,530	$1,377 – $1,683	$1,349	$1,490
3 bedrooms	$2,010	$1,809 – $2,211	$1,775	$1,960
4 bedrooms	$2,130	$1,917 – $2,343	$1,876	$1,990

A household renting a two-bedroom home at the Small Area FMR of $1,530 needs about $61,200 a year to keep housing costs at 30% of income. The area median family income is $102,200 and the 80% low-income limit for four people is $80,200. ZIP code 60914 lies mainly in Kankakee County. See the Kankakee, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
60915	Bradley	2.5 mi	$1,370
60950	Manteno	5.0 mi	$1,260
60901	Kankakee	5.4 mi	$1,290
60910	Aroma Park	7.6 mi	$1,200
60913	Bonfield	10.7 mi	$1,350
60468	Peotone	10.8 mi	$1,430

Questions

What is the Fair Market Rent for ZIP code 60914?

HUD's FY2027 Small Area Fair Market Rents for 60914 are $1,070 (studio), $1,170 (1 BR), $1,530 (2 BR), $2,010 (3 BR) and $2,130 (4 BR) a month.

What is the Section 8 payment standard in 60914?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60914 that range is $1,377 to $1,683 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60914?

The FY2026 income limits of the Kankakee, IL area apply: median family income $102,200, low-income (80%) limit $80,200 for a family of four.