FY2027 Small Area FMR · Galesburg, IL
ZIP 61401 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61401 (Galesburg, IL) is $1,030 a month, up 10.8% from FY2026. That is 2% below the Davenport-Moline-Rock Island, IA-IL area-wide FMR of $1,056.
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 61401 sits in the Davenport-Moline-Rock Island, IA-IL area
Of the 81 ZIP codes HUD lists for the area, 61401 has the 45th highest two-bedroom Small Area FMR. Davenport-Moline-Rock Island, IA-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 $1,056 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 for this ZIP code instead.
ZIP code 61401 crosses more than one HUD area. HUD also lists it under Knox County, IL (same figures) and Warren 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 | $740 | $666 – $814 | $787 | $700 |
| 1 bedroom | $840 | $756 – $924 | $852 | $750 |
| 2 bedrooms | $1,030 | $927 – $1,133 | $1,056 | $930 |
| 3 bedrooms | $1,350 | $1,215 – $1,485 | $1,396 | $1,210 |
| 4 bedrooms | $1,640 | $1,476 – $1,804 | $1,697 | $1,430 |
A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $97,500 and the 80% low-income limit for four people is $78,000. ZIP code 61401 lies mainly in Knox County and Warren County. See the Davenport-Moline-Rock Island, IA-IL metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 61401?
HUD's FY2027 Small Area Fair Market Rents for 61401 are $740 (studio), $840 (1 BR), $1,030 (2 BR), $1,350 (3 BR) and $1,640 (4 BR) a month.
What is the Section 8 payment standard in 61401?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61401 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 61401?
The FY2026 income limits of the Davenport-Moline-Rock Island, IA-IL area apply: median family income $97,500, low-income (80%) limit $78,000 for a family of four.