FY2027 Small Area FMR · Henderson, IL

ZIP 61439 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61439 (Henderson, IL) is $950 a month, down 9.5% from FY2026. That is 2% above the Knox County, IL area-wide FMR of $930.

2-bedroom SAFMR$950per month ▼ 9.5%

Area-wide 2 BR FMR$930Knox County, IL

Rank in the area16thof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

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

Studio$720▼ 8.9%

1 BR$720▼ 10.0%

2 BR$950▼ 9.5%

3 BR$1,240▼ 9.5%

4 BR$1,260▼ 9.4%

FY2027 FY2026

Where 61439 sits in the Knox County, IL area

Of the 26 ZIP codes HUD lists for the area, 61439 has the 16th highest two-bedroom Small Area FMR. Knox 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 $950 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	$720	$648 – $792	$703	$790
1 bedroom	$720	$648 – $792	$711	$800
2 bedrooms	$950	$855 – $1,045	$930	$1,050
3 bedrooms	$1,240	$1,116 – $1,364	$1,204	$1,370
4 bedrooms	$1,260	$1,134 – $1,386	$1,241	$1,390

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $86,900 and the 80% low-income limit for four people is $71,750. ZIP code 61439 lies mainly in Knox County. See the Knox County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61488	Wataga	2.0 mi	$930
61472	Rio	5.3 mi	$1,030
61402	Galesburg	5.6 mi	$930
61401	Galesburg	6.0 mi	$1,030
61430	East Galesburg	6.6 mi	$1,030
61467	Oneida	6.9 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 61439?

HUD's FY2027 Small Area Fair Market Rents for 61439 are $720 (studio), $720 (1 BR), $950 (2 BR), $1,240 (3 BR) and $1,260 (4 BR) a month.

What is the Section 8 payment standard in 61439?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61439 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61439?

The FY2026 income limits of the Knox County, IL area apply: median family income $86,900, low-income (80%) limit $71,750 for a family of four.