FY2027 Small Area FMR · Mount Morris, IL

ZIP 61054 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61054 (Mount Morris, IL) is $1,080 a month, down 3.6% from FY2026. That is 0% equal to the Ogle County, IL area-wide FMR of $1,080.

2-bedroom SAFMR$1,080per month ▼ 3.6%

Area-wide 2 BR FMR$1,080Ogle County, IL

Rank in the area15thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$750▼ 2.6%

1 BR$820▼ 3.5%

2 BR$1,080▼ 3.6%

3 BR$1,290▼ 5.8%

4 BR$1,650▲ 2.5%

FY2027 FY2026

Where 61054 sits in the Ogle County, IL area

Of the 28 ZIP codes HUD lists for the area, 61054 has the 15th 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 $1,080 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	$750	$675 – $825	$752	$770
1 bedroom	$820	$738 – $902	$826	$850
2 bedrooms	$1,080	$972 – $1,188	$1,080	$1,120
3 bedrooms	$1,290	$1,161 – $1,419	$1,291	$1,370
4 bedrooms	$1,650	$1,485 – $1,815	$1,649	$1,610

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 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 61054 lies mainly in Ogle County. See the Ogle County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61061	Oregon	6.8 mi	$1,010
61047	Leaf River	7.3 mi	$1,280
61064	Polo	8.2 mi	$1,010
61030	Forreston	8.5 mi	$1,020
61010	Byron	10.6 mi	$1,140
61039	German Valley	10.7 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 61054?

HUD's FY2027 Small Area Fair Market Rents for 61054 are $750 (studio), $820 (1 BR), $1,080 (2 BR), $1,290 (3 BR) and $1,650 (4 BR) a month.

What is the Section 8 payment standard in 61054?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61054 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61054?

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.