Income Limits by County

FY2027 Small Area FMR · Bardolph, IL

ZIP 61416 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61416 (Bardolph, IL) is $940 a month, down 5.1% from FY2026. That is 1% above the McDonough County, IL area-wide FMR of $930.

2-bedroom SAFMR$940per month ▼ 5.1%
Area-wide 2 BR FMR$930McDonough County, IL
Rank in the area9thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846
2 BR Small Area FMR$940
110% of SAFMR$1,034

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

FY2027 FY2026

Where 61416 sits in the McDonough County, IL area

$930$1,030median $940

Of the 19 ZIP codes HUD lists for the area, 61416 has the 9th highest two-bedroom Small Area FMR. McDonough 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 $930 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$650$585 – $715$648$680
1 bedroom$720$648 – $792$714$760
2 bedrooms$940$846 – $1,034$930$990
3 bedrooms$1,200$1,080 – $1,320$1,186$1,280
4 bedrooms$1,570$1,413 – $1,727$1,554$1,570

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $84,900 and the 80% low-income limit for four people is $71,750. ZIP code 61416 lies mainly in McDonough County. See the McDonough County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
61422Bushnell3.9 mi$930
61455Macomb5.7 mi$940
61438Good Hope7.4 mi$940
61411Adair7.5 mi$930
61459Marietta7.6 mi$930
61470Prairie City7.8 mi$990

Questions

What is the Fair Market Rent for ZIP code 61416?

HUD's FY2027 Small Area Fair Market Rents for 61416 are $650 (studio), $720 (1 BR), $940 (2 BR), $1,200 (3 BR) and $1,570 (4 BR) a month.

What is the Section 8 payment standard in 61416?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61416 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61416?

The FY2026 income limits of the McDonough County, IL area apply: median family income $84,900, low-income (80%) limit $71,750 for a family of four.