Income Limits by County

FY2027 Small Area FMR · Wenona, IL

ZIP 61377 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61377 (Wenona, IL) is $1,010 a month, up 9.8% from FY2026. That is 17% below the Peoria, IL area-wide FMR of $1,212.

2-bedroom SAFMR$1,010per month ▲ 9.8%
Area-wide 2 BR FMR$1,212Peoria, IL
Rank in the area77thof 98 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909
2 BR Small Area FMR$1,010
110% of SAFMR$1,111

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

FY2027 FY2026

Where 61377 sits in the Peoria, IL area

$940$1,790median $1,180

Of the 98 ZIP codes HUD lists for the area, 61377 has the 77th highest two-bedroom Small Area FMR. Peoria, 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 $1,212 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.

ZIP code 61377 crosses more than one HUD area. HUD also lists it under La Salle County, IL (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$760$684 – $836$915$680
1 bedroom$800$720 – $880$961$720
2 bedrooms$1,010$909 – $1,111$1,212$920
3 bedrooms$1,300$1,170 – $1,430$1,557$1,240
4 bedrooms$1,540$1,386 – $1,694$1,710$1,400

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 $106,100 and the 80% low-income limit for four people is $84,900. ZIP code 61377 lies mainly in La Salle County and Marshall County. See the Peoria, IL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
61358Rutland5.7 mi$1,040
61334Lostant6.7 mi$1,040
61321Dana7.1 mi$980
61369Toluca8.3 mi$1,060
61333Long Point9.1 mi$980
61332Leonore9.1 mi$1,040

Questions

What is the Fair Market Rent for ZIP code 61377?

HUD's FY2027 Small Area Fair Market Rents for 61377 are $760 (studio), $800 (1 BR), $1,010 (2 BR), $1,300 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 61377?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61377 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 61377?

The FY2026 income limits of the Peoria, IL area apply: median family income $106,100, low-income (80%) limit $84,900 for a family of four.