FY2027 Small Area FMR · Essex, IL

ZIP 60935 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60935 (Essex, IL) is $1,410 a month, down 2.1% from FY2026. That is 30% below the Chicago-Joliet-Naperville, IL area-wide FMR of $2,011.

2-bedroom SAFMR$1,410per month ▼ 2.1%

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

Rank in the area365thof 370 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,269

2 BR Small Area FMR$1,410

110% of SAFMR$1,551

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

Studio$980▼ 1.0%

1 BR$1,080▼ 1.8%

2 BR$1,410▼ 2.1%

3 BR$1,850▼ 2.1%

4 BR$1,960▲ 1.6%

FY2027 FY2026

Where 60935 sits in the Chicago-Joliet-Naperville, IL area

Of the 370 ZIP codes HUD lists for the area, 60935 has the 365th 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 $1,269 and $1,551 for two bedrooms.

ZIP code 60935 crosses more than one HUD area. HUD also lists it under Kankakee, IL (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$980	$882 – $1,078	$1,678	$990
1 bedroom	$1,080	$972 – $1,188	$1,780	$1,100
2 bedrooms	$1,410	$1,269 – $1,551	$2,011	$1,440
3 bedrooms	$1,850	$1,665 – $2,035	$2,586	$1,890
4 bedrooms	$1,960	$1,764 – $2,156	$2,954	$1,930

A household renting a two-bedroom home at the Small Area FMR of $1,410 needs about $56,400 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 60935 lies mainly in Kankakee 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
60969	Union Hill	4.3 mi	$1,290
60474	South Wilmington	4.6 mi	$1,870
60961	Reddick	4.8 mi	$1,720
60913	Bonfield	6.1 mi	$1,350
60407	Braceville	6.3 mi	$1,890
60408	Braidwood	6.8 mi	$1,590

Questions

What is the Fair Market Rent for ZIP code 60935?

HUD's FY2027 Small Area Fair Market Rents for 60935 are $980 (studio), $1,080 (1 BR), $1,410 (2 BR), $1,850 (3 BR) and $1,960 (4 BR) a month.

What is the Section 8 payment standard in 60935?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60935 that range is $1,269 to $1,551 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60935?

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.