Income Limits by County

FY2027 Small Area FMR · Lewistown, IL

ZIP 61542 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61542 (Lewistown, IL) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Fulton County, IL area-wide FMR of $930.

2-bedroom SAFMR$930per month ▲ 1.1%
Area-wide 2 BR FMR$930Fulton County, IL
Rank in the area15thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837
2 BR Small Area FMR$930
110% of SAFMR$1,023

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

FY2027 FY2026

Where 61542 sits in the Fulton County, IL area

$930$1,110median $945

Of the 24 ZIP codes HUD lists for the area, 61542 has the 15th 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 $930 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$700
1 bedroom$730$657 – $803$727$710
2 bedrooms$930$837 – $1,023$930$920
3 bedrooms$1,290$1,161 – $1,419$1,288$1,270
4 bedrooms$1,300$1,170 – $1,430$1,303$1,290

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 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 61542 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

ZIPPlaceDistance2 BR SAFMR
61519Bryant5.3 mi$930
62644Havana8.1 mi$930
61563Saint David8.1 mi$1,080
61543Liverpool8.3 mi$930
61441Ipava8.5 mi$1,050
61524Dunfermline8.6 mi$1,010

Questions

What is the Fair Market Rent for ZIP code 61542?

HUD's FY2027 Small Area Fair Market Rents for 61542 are $650 (studio), $730 (1 BR), $930 (2 BR), $1,290 (3 BR) and $1,300 (4 BR) a month.

What is the Section 8 payment standard in 61542?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61542 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61542?

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.