Income Limits by County

FY2027 Small Area FMR · Bondville, IL

ZIP 61815 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61815 (Bondville, IL) is $1,230 a month, up 17.1% from FY2026. That is 5% above the Champaign-Urbana, IL area-wide FMR of $1,173.

2-bedroom SAFMR$1,230per month ▲ 17.1%
Area-wide 2 BR FMR$1,173Champaign-Urbana, IL
Rank in the area9thof 54 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107
2 BR Small Area FMR$1,230
110% of SAFMR$1,353

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

FY2027 FY2026

Where 61815 sits in the Champaign-Urbana, IL area

$1,010$1,530median $1,120

Of the 54 ZIP codes HUD lists for the area, 61815 has the 9th highest two-bedroom Small Area FMR. Champaign-Urbana, 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 $1,173 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,030$927 – $1,133$983$880
1 bedroom$1,040$936 – $1,144$996$890
2 bedrooms$1,230$1,107 – $1,353$1,173$1,050
3 bedrooms$1,550$1,395 – $1,705$1,474$1,340
4 bedrooms$1,620$1,458 – $1,782$1,542$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $114,300 and the 80% low-income limit for four people is $88,700. ZIP code 61815 lies mainly in Champaign County. See the Champaign-Urbana, IL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
61875Seymour2.2 mi$1,090
61822Champaign4.2 mi$1,480
61821Champaign5.4 mi$1,180
61884White Heath5.6 mi$1,210
61820Champaign7.0 mi$1,350
61853Mahomet7.6 mi$1,480

Questions

What is the Fair Market Rent for ZIP code 61815?

HUD's FY2027 Small Area Fair Market Rents for 61815 are $1,030 (studio), $1,040 (1 BR), $1,230 (2 BR), $1,550 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 61815?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61815 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61815?

The FY2026 income limits of the Champaign-Urbana, IL area apply: median family income $114,300, low-income (80%) limit $88,700 for a family of four.