FY2027 Small Area FMR · Ipava, IL

ZIP 61441 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61441 (Ipava, IL) is $1,050 a month, up 12.9% from FY2026. That is 13% above the Fulton County, IL area-wide FMR of $930.

2-bedroom SAFMR$1,050per month ▲ 12.9%

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

Rank in the area3rdof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$730▲ 2.8%

1 BR$820▲ 13.9%

2 BR$1,050▲ 12.9%

3 BR$1,450▲ 12.4%

4 BR$1,470▲ 12.2%

FY2027 FY2026

Where 61441 sits in the Fulton County, IL area

Of the 24 ZIP codes HUD lists for the area, 61441 has the 3rd highest two-bedroom Small Area FMR. Fulton 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 $1,050 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	$730	$657 – $803	$648	$710
1 bedroom	$820	$738 – $902	$727	$720
2 bedrooms	$1,050	$945 – $1,155	$930	$930
3 bedrooms	$1,450	$1,305 – $1,595	$1,288	$1,290
4 bedrooms	$1,470	$1,323 – $1,617	$1,303	$1,310

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 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 61441 lies mainly in Fulton County. See the Fulton County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61482	Table Grove	7.6 mi	$930
61501	Astoria	7.8 mi	$960
61542	Lewistown	8.5 mi	$930
61484	Vermont	8.9 mi	$930
61477	Smithfield	11.0 mi	$970
62644	Havana	12.2 mi	$930

Questions

What is the Fair Market Rent for ZIP code 61441?

HUD's FY2027 Small Area Fair Market Rents for 61441 are $730 (studio), $820 (1 BR), $1,050 (2 BR), $1,450 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 61441?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61441 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61441?

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