FY2027 Small Area FMR · Yates City, IL

ZIP 61572 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61572 (Yates City, IL) is $1,070 a month, up 2.9% from FY2026. That is 15% above the Knox County, IL area-wide FMR of $930.

2-bedroom SAFMR$1,070per month ▲ 2.9%

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

Rank in the area2ndof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$810▲ 2.5%

1 BR$820▲ 3.8%

2 BR$1,070▲ 2.9%

3 BR$1,380▲ 1.5%

4 BR$1,430▲ 3.6%

FY2027 FY2026

Where 61572 sits in the Knox County, IL area

Of the 26 ZIP codes HUD lists for the area, 61572 has the 2nd 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 $1,070 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	$810	$729 – $891	$703	$790
1 bedroom	$820	$738 – $902	$711	$790
2 bedrooms	$1,070	$963 – $1,177	$930	$1,040
3 bedrooms	$1,380	$1,242 – $1,518	$1,204	$1,360
4 bedrooms	$1,430	$1,287 – $1,573	$1,241	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 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 61572 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
61529	Elmwood	5.8 mi	$970
61458	Maquon	7.4 mi	$1,010
61531	Farmington	8.3 mi	$1,000
61489	Williamsfield	8.8 mi	$940
61436	Gilson	10.1 mi	$1,080
61428	Dahinda	10.2 mi	$940

Questions

What is the Fair Market Rent for ZIP code 61572?

HUD's FY2027 Small Area Fair Market Rents for 61572 are $810 (studio), $820 (1 BR), $1,070 (2 BR), $1,380 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 61572?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61572 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61572?

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.