FY2027 Small Area FMR · Leonore, IL

ZIP 61332 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61332 (Leonore, IL) is $1,040 a month, down 2.8% from FY2026. That is 1% below the La Salle County, IL area-wide FMR of $1,052.

2-bedroom SAFMR$1,040per month ▼ 2.8%

Area-wide 2 BR FMR$1,052La Salle County, IL

Rank in the area19thof 34 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$720▼ 6.5%

1 BR$800▼ 2.4%

2 BR$1,040▼ 2.8%

3 BR$1,350▼ 5.6%

4 BR$1,670▼ 1.2%

FY2027 FY2026

Where 61332 sits in the La Salle County, IL area

Of the 34 ZIP codes HUD lists for the area, 61332 has the 19th highest two-bedroom Small Area FMR. La Salle 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 $1,052 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$720	$648 – $792	$733	$770
1 bedroom	$800	$720 – $880	$804	$820
2 bedrooms	$1,040	$936 – $1,144	$1,052	$1,070
3 bedrooms	$1,350	$1,215 – $1,485	$1,369	$1,430
4 bedrooms	$1,670	$1,503 – $1,837	$1,688	$1,690

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $105,200 and the 80% low-income limit for four people is $80,050. ZIP code 61332 lies mainly in La Salle County. See the La Salle County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61370	Tonica	2.7 mi	$1,010
61334	Lostant	6.4 mi	$1,040
61348	Oglesby	7.1 mi	$980
61316	Cedar Point	8.6 mi	$1,160
61364	Streator	8.7 mi	$980
61377	Wenona	9.1 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 61332?

HUD's FY2027 Small Area Fair Market Rents for 61332 are $720 (studio), $800 (1 BR), $1,040 (2 BR), $1,350 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 61332?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61332 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61332?

The FY2026 income limits of the La Salle County, IL area apply: median family income $105,200, low-income (80%) limit $80,050 for a family of four.