FY2027 Small Area FMR · Bunker Hill, IL
ZIP 62014 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62014 (Bunker Hill, IL) is $1,110 a month, up 7.8% from FY2026. That is 13% above the Macoupin County, IL area-wide FMR of $978.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 62014 sits in the Macoupin County, IL area
Of the 32 ZIP codes HUD lists for the area, 62014 has the 5th highest two-bedroom Small Area FMR. Macoupin 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 $978 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,110 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $840 | $756 – $924 | $743 | $780 |
| 1 bedroom | $850 | $765 – $935 | $748 | $780 |
| 2 bedrooms | $1,110 | $999 – $1,221 | $978 | $1,030 |
| 3 bedrooms | $1,350 | $1,215 – $1,485 | $1,191 | $1,290 |
| 4 bedrooms | $1,690 | $1,521 – $1,859 | $1,492 | $1,600 |
A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 a year to keep housing costs at 30% of income. The area median family income is $96,200 and the 80% low-income limit for four people is $76,950. ZIP code 62014 lies mainly in Macoupin County. See the Macoupin County, IL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 62014?
HUD's FY2027 Small Area Fair Market Rents for 62014 are $840 (studio), $850 (1 BR), $1,110 (2 BR), $1,350 (3 BR) and $1,690 (4 BR) a month.
What is the Section 8 payment standard in 62014?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62014 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 62014?
The FY2026 income limits of the Macoupin County, IL area apply: median family income $96,200, low-income (80%) limit $76,950 for a family of four.