FY2027 Small Area FMR · Mark, IL

ZIP 61340 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61340 (Mark, IL) is $1,000 a month, down 1.0% from FY2026. That is 6% above the Putnam County, IL area-wide FMR of $942.

2-bedroom SAFMR$1,000per month ▼ 1.0%

Area-wide 2 BR FMR$942Putnam County, IL

Rank in the area3rdof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$700■ 0.0%

1 BR$910▼ 1.1%

2 BR$1,000▼ 1.0%

3 BR$1,260▼ 3.8%

4 BR$1,670■ 0.0%

FY2027 FY2026

Where 61340 sits in the Putnam County, IL area

Of the 9 ZIP codes HUD lists for the area, 61340 has the 3rd highest two-bedroom Small Area FMR. Putnam 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 $942 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$700	$630 – $770	$656	$700
1 bedroom	$910	$819 – $1,001	$857	$920
2 bedrooms	$1,000	$900 – $1,100	$942	$1,010
3 bedrooms	$1,260	$1,134 – $1,386	$1,189	$1,310
4 bedrooms	$1,670	$1,503 – $1,837	$1,575	$1,670

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $93,300 and the 80% low-income limit for four people is $76,650. ZIP code 61340 lies mainly in Putnam County. See the Putnam County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61326	Granville	1.5 mi	$930
61363	Standard	3.5 mi	$1,040
61327	Hennepin	4.0 mi	$970
61322	Depue	5.4 mi	$1,030
61315	Bureau	6.0 mi	$940
61316	Cedar Point	6.5 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 61340?

HUD's FY2027 Small Area Fair Market Rents for 61340 are $700 (studio), $910 (1 BR), $1,000 (2 BR), $1,260 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 61340?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61340 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61340?

The FY2026 income limits of the Putnam County, IL area apply: median family income $93,300, low-income (80%) limit $76,650 for a family of four.