FY2027 Small Area FMR · Champaign, IL

ZIP 61822 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 61822 (Champaign, IL) is $1,480 a month, up 3.5% from FY2026. That is 26% above the Champaign-Urbana, IL area-wide FMR of $1,173.

2-bedroom SAFMR$1,480per month ▲ 3.5%

Area-wide 2 BR FMR$1,173Champaign-Urbana, IL

Rank in the area2ndof 54 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,332

2 BR Small Area FMR$1,480

110% of SAFMR$1,628

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

Studio$1,240▲ 3.3%

1 BR$1,260▲ 4.1%

2 BR$1,480▲ 3.5%

3 BR$1,860▲ 1.6%

4 BR$1,950▲ 3.2%

FY2027 FY2026

Where 61822 sits in the Champaign-Urbana, IL area

Of the 54 ZIP codes HUD lists for the area, 61822 has the 2nd 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 $1,480 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	$1,240	$1,116 – $1,364	$983	$1,200
1 bedroom	$1,260	$1,134 – $1,386	$996	$1,210
2 bedrooms	$1,480	$1,332 – $1,628	$1,173	$1,430
3 bedrooms	$1,860	$1,674 – $2,046	$1,474	$1,830
4 bedrooms	$1,950	$1,755 – $2,145	$1,542	$1,890

A household renting a two-bedroom home at the Small Area FMR of $1,480 needs about $59,200 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 61822 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

ZIP	Place	Distance	2 BR SAFMR
61821	Champaign	2.6 mi	$1,180
61820	Champaign	3.9 mi	$1,350
61815	Bondville	4.2 mi	$1,230
61801	Urbana	5.4 mi	$1,140
61875	Seymour	6.3 mi	$1,090
61874	Savoy	6.8 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 61822?

HUD's FY2027 Small Area Fair Market Rents for 61822 are $1,240 (studio), $1,260 (1 BR), $1,480 (2 BR), $1,860 (3 BR) and $1,950 (4 BR) a month.

What is the Section 8 payment standard in 61822?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 61822 that range is $1,332 to $1,628 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 61822?

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.