FY2027 Small Area FMR · Gladstone, IL

ZIP 61437 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61437 (Gladstone, IL) is $1,400 a month, up 41.4% from FY2026. That is 50% above the Henderson County, IL area-wide FMR of $935.

2-bedroom SAFMR$1,400per month ▲ 41.4%

Area-wide 2 BR FMR$935Henderson County, IL

Rank in the area1stof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,260

2 BR Small Area FMR$1,400

110% of SAFMR$1,540

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

Studio$970▲ 42.6%

1 BR$1,070▲ 40.8%

2 BR$1,400▲ 41.4%

3 BR$1,940▲ 45.9%

4 BR$2,020▲ 47.4%

FY2027 FY2026

Where 61437 sits in the Henderson County, IL area

Of the 16 ZIP codes HUD lists for the area, 61437 has the 1st highest two-bedroom Small Area FMR. Henderson 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 $935 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,400 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	$970	$873 – $1,067	$651	$680
1 bedroom	$1,070	$963 – $1,177	$715	$760
2 bedrooms	$1,400	$1,260 – $1,540	$935	$990
3 bedrooms	$1,940	$1,746 – $2,134	$1,295	$1,330
4 bedrooms	$2,020	$1,818 – $2,222	$1,351	$1,370

A household renting a two-bedroom home at the Small Area FMR of $1,400 needs about $56,000 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 61437 lies mainly in Henderson County. See the Henderson County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61425	Carman	6.6 mi	$1,070
61418	Biggsville	6.8 mi	$1,130
52601	Burlington	7.2 mi	$1,110
61469	Oquawka	8.7 mi	$930
61480	Stronghurst	9.2 mi	$980
52650	Sperry	11.0 mi	$1,490

Questions

What is the Fair Market Rent for ZIP code 61437?

HUD's FY2027 Small Area Fair Market Rents for 61437 are $970 (studio), $1,070 (1 BR), $1,400 (2 BR), $1,940 (3 BR) and $2,020 (4 BR) a month.

What is the Section 8 payment standard in 61437?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61437 that range is $1,260 to $1,540 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61437?

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