Income Limits by County

FY2027 Small Area FMR · Thawville, IL

ZIP 60968 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60968 (Thawville, IL) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Ford County, IL area-wide FMR of $930.

2-bedroom SAFMR$930per month ▲ 1.1%
Area-wide 2 BR FMR$930Ford County, IL
Rank in the area22ndof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837
2 BR Small Area FMR$930
110% of SAFMR$1,023

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

FY2027 FY2026

Where 60968 sits in the Ford County, IL area

$930$1,330median $1,075

Of the 26 ZIP codes HUD lists for the area, 60968 has the 22nd highest two-bedroom Small Area FMR. Ford 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 $930 for two bedrooms; an agency that opts in to Small Area FMRs would use $930 for this ZIP code instead.

ZIP code 60968 crosses more than one HUD area. HUD also lists it under Iroquois County, IL (same figures) and Livingston County, 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
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$700$630 – $770$706$690
1 bedroom$710$639 – $781$711$700
2 bedrooms$930$837 – $1,023$930$920
3 bedrooms$1,190$1,071 – $1,309$1,288$1,180
4 bedrooms$1,510$1,359 – $1,661$1,399$1,430

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $92,500 and the 80% low-income limit for four people is $74,000. ZIP code 60968 lies mainly in Iroquois County, Ford County and Livingston County. See the Ford County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
60962Roberts4.8 mi$1,160
60918Buckley7.3 mi$960
60955Onarga8.1 mi$930
60959Piper City8.7 mi$930
60938Gilman9.8 mi$930
60948Loda10.0 mi$990

Questions

What is the Fair Market Rent for ZIP code 60968?

HUD's FY2027 Small Area Fair Market Rents for 60968 are $700 (studio), $710 (1 BR), $930 (2 BR), $1,190 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 60968?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60968 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 60968?

The FY2026 income limits of the Ford County, IL area apply: median family income $92,500, low-income (80%) limit $74,000 for a family of four.