Income Limits by County

FY2027 Small Area FMR · Hillview, IL

ZIP 62050 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62050 (Hillview, IL) is $940 a month, down 1.1% from FY2026. That is 3% below the Greene County, IL area-wide FMR of $965.

2-bedroom SAFMR$940per month ▼ 1.1%
Area-wide 2 BR FMR$965Greene County, IL
Rank in the area10thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846
2 BR Small Area FMR$940
110% of SAFMR$1,034

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

FY2027 FY2026

Where 62050 sits in the Greene County, IL area

$930$1,060median $980

Of the 15 ZIP codes HUD lists for the area, 62050 has the 10th highest two-bedroom Small Area FMR. Greene 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 $965 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$660$594 – $726$672$660
1 bedroom$720$648 – $792$738$730
2 bedrooms$940$846 – $1,034$965$950
3 bedrooms$1,160$1,044 – $1,276$1,196$1,140
4 bedrooms$1,410$1,269 – $1,551$1,489$1,320

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $85,700 and the 80% low-income limit for four people is $71,750. ZIP code 62050 lies mainly in Greene County. See the Greene County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
62078Patterson4.1 mi$930
62361Pearl6.0 mi$1,080
62092White Hall6.2 mi$930
62610Alsey10.1 mi$1,060
62352Milton10.3 mi$1,070
62053Kampsville10.5 mi$960

Questions

What is the Fair Market Rent for ZIP code 62050?

HUD's FY2027 Small Area Fair Market Rents for 62050 are $660 (studio), $720 (1 BR), $940 (2 BR), $1,160 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 62050?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62050 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62050?

The FY2026 income limits of the Greene County, IL area apply: median family income $85,700, low-income (80%) limit $71,750 for a family of four.