FY2027 Small Area FMR · Prairie City, IL

ZIP 61470 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61470 (Prairie City, IL) is $990 a month, down 10.0% from FY2026. That is 6% above the McDonough County, IL area-wide FMR of $930.

2-bedroom SAFMR$990per month ▼ 10.0%

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

Rank in the area3rdof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$690▼ 9.2%

1 BR$760▼ 9.5%

2 BR$990▼ 10.0%

3 BR$1,280▼ 9.9%

4 BR$1,620▼ 7.4%

FY2027 FY2026

Where 61470 sits in the McDonough County, IL area

Of the 19 ZIP codes HUD lists for the area, 61470 has the 3rd 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 $990 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	$690	$621 – $759	$648	$760
1 bedroom	$760	$684 – $836	$714	$840
2 bedrooms	$990	$891 – $1,089	$930	$1,100
3 bedrooms	$1,280	$1,152 – $1,408	$1,186	$1,420
4 bedrooms	$1,620	$1,458 – $1,782	$1,554	$1,750

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 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 61470 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

ZIP	Place	Distance	2 BR SAFMR
61422	Bushnell	3.9 mi	$930
61415	Avon	5.3 mi	$930
61438	Good Hope	7.8 mi	$940
61416	Bardolph	7.8 mi	$940
61459	Marietta	7.9 mi	$930
61473	Roseville	10.1 mi	$990

Questions

What is the Fair Market Rent for ZIP code 61470?

HUD's FY2027 Small Area Fair Market Rents for 61470 are $690 (studio), $760 (1 BR), $990 (2 BR), $1,280 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 61470?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61470 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61470?

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.