FY2027 Small Area FMR · Momence, IL

ZIP 60954 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60954 (Momence, IL) is $1,200 a month, up 6.2% from FY2026. That is 11% below the Kankakee, IL area-wide FMR of $1,349.

2-bedroom SAFMR$1,200per month ▲ 6.2%

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

Rank in the area17thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,080

2 BR Small Area FMR$1,200

110% of SAFMR$1,320

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

Studio$830▲ 6.4%

1 BR$910▲ 5.8%

2 BR$1,200▲ 6.2%

3 BR$1,580▲ 6.0%

4 BR$1,600▲ 6.0%

FY2027 FY2026

Where 60954 sits in the Kankakee, IL area

Of the 21 ZIP codes HUD lists for the area, 60954 has the 17th 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 $1,200 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	$830	$747 – $913	$939	$780
1 bedroom	$910	$819 – $1,001	$1,031	$860
2 bedrooms	$1,200	$1,080 – $1,320	$1,349	$1,130
3 bedrooms	$1,580	$1,422 – $1,738	$1,775	$1,490
4 bedrooms	$1,600	$1,440 – $1,760	$1,876	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,200 needs about $48,000 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 60954 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
60958	Pembroke Township	5.9 mi	$1,200
60940	Grant Park	7.1 mi	$1,500
46376	Schneider	8.0 mi	$1,340
46379	Sumava Resorts	9.6 mi	$1,270
60964	Saint Anne	9.8 mi	$1,200
60910	Aroma Park	10.8 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 60954?

HUD's FY2027 Small Area Fair Market Rents for 60954 are $830 (studio), $910 (1 BR), $1,200 (2 BR), $1,580 (3 BR) and $1,600 (4 BR) a month.

What is the Section 8 payment standard in 60954?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60954 that range is $1,080 to $1,320 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60954?

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.