FY2027 Small Area FMR · Baileyville, IL
ZIP 61007 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61007 (Baileyville, IL) is $1,010 a month, up 5.2% from FY2026. That is 6% below the Ogle County, IL area-wide FMR of $1,080.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 61007 sits in the Ogle County, IL area
Of the 28 ZIP codes HUD lists for the area, 61007 has the 20th highest two-bedroom Small Area FMR. Ogle 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 $1,080 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.
ZIP code 61007 crosses more than one HUD area. HUD also lists it under Stephenson County, IL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $700 | $630 – $770 | $752 | $730 |
| 1 bedroom | $770 | $693 – $847 | $826 | $750 |
| 2 bedrooms | $1,010 | $909 – $1,111 | $1,080 | $960 |
| 3 bedrooms | $1,230 | $1,107 – $1,353 | $1,291 | $1,200 |
| 4 bedrooms | $1,500 | $1,350 – $1,650 | $1,649 | $1,430 |
A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $101,200 and the 80% low-income limit for four people is $80,950. ZIP code 61007 lies mainly in Ogle County and Stephenson County. See the Ogle County, IL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 61007?
HUD's FY2027 Small Area Fair Market Rents for 61007 are $700 (studio), $770 (1 BR), $1,010 (2 BR), $1,230 (3 BR) and $1,500 (4 BR) a month.
What is the Section 8 payment standard in 61007?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61007 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 61007?
The FY2026 income limits of the Ogle County, IL area apply: median family income $101,200, low-income (80%) limit $80,950 for a family of four.