FY2027 Small Area FMR · Watseka, IL

ZIP 60970 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 60970 (Watseka, IL) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Iroquois County, IL area-wide FMR of $930.

2-bedroom SAFMR$930per month ▲ 1.1%

Area-wide 2 BR FMR$930Iroquois County, IL

Rank in the area18thof 29 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.

Studio$710▲ 2.9%

1 BR$710▲ 1.4%

2 BR$930▲ 1.1%

3 BR$1,150▲ 0.9%

4 BR$1,550▲ 4.0%

FY2027 FY2026

Where 60970 sits in the Iroquois County, IL area

Of the 29 ZIP codes HUD lists for the area, 60970 has the 18th highest two-bedroom Small Area FMR. Iroquois 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.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$710	$639 – $781	$706	$690
1 bedroom	$710	$639 – $781	$711	$700
2 bedrooms	$930	$837 – $1,023	$930	$920
3 bedrooms	$1,150	$1,035 – $1,265	$1,154	$1,140
4 bedrooms	$1,550	$1,395 – $1,705	$1,554	$1,490

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 $91,100 and the 80% low-income limit for four people is $72,900. ZIP code 60970 lies mainly in Iroquois County. See the Iroquois County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
60974	Woodland	5.3 mi	$1,100
60928	Crescent City	7.1 mi	$930
60945	Iroquois	8.2 mi	$1,100
60951	Martinton	8.3 mi	$990
60966	Sheldon	8.5 mi	$930
60931	Donovan	10.0 mi	$980

Questions

What is the Fair Market Rent for ZIP code 60970?

HUD's FY2027 Small Area Fair Market Rents for 60970 are $710 (studio), $710 (1 BR), $930 (2 BR), $1,150 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 60970?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 60970 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 60970?

The FY2026 income limits of the Iroquois County, IL area apply: median family income $91,100, low-income (80%) limit $72,900 for a family of four.