FY2027 Small Area FMR · South Roxana, IL

ZIP 62087 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62087 (South Roxana, IL) is $1,010 a month, up 2.0% from FY2026. That is 25% below the St. Louis, MO-IL area-wide FMR of $1,349.

2-bedroom SAFMR$1,010per month ▲ 2.0%

Area-wide 2 BR FMR$1,349St. Louis, MO-IL

Rank in the area229thof 268 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$800▲ 5.3%

1 BR$830▲ 3.8%

2 BR$1,010▲ 2.0%

3 BR$1,300▲ 2.4%

4 BR$1,500▲ 1.4%

FY2027 FY2026

Where 62087 sits in the St. Louis, MO-IL area

Of the 268 ZIP codes HUD lists for the area, 62087 has the 229th highest two-bedroom Small Area FMR. St. Louis, MO-IL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $909 and $1,111 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$800	$720 – $880	$1,064	$760
1 bedroom	$830	$747 – $913	$1,104	$800
2 bedrooms	$1,010	$909 – $1,111	$1,349	$990
3 bedrooms	$1,300	$1,170 – $1,430	$1,731	$1,270
4 bedrooms	$1,500	$1,350 – $1,650	$1,997	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $113,500 and the 80% low-income limit for four people is $90,800. ZIP code 62087 lies mainly in Madison County. See the St. Louis, MO-IL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62084	Roxana	1.5 mi	$1,180
62048	Hartford	1.8 mi	$1,170
62095	Wood River	3.1 mi	$1,140
62024	East Alton	4.1 mi	$1,080
62026	Edwardsville	6.1 mi	$1,500
62018	Cottage Hills	6.3 mi	$1,290

Questions

What is the Fair Market Rent for ZIP code 62087?

HUD's FY2027 Small Area Fair Market Rents for 62087 are $800 (studio), $830 (1 BR), $1,010 (2 BR), $1,300 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 62087?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62087 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62087?

The FY2026 income limits of the St. Louis, MO-IL area apply: median family income $113,500, low-income (80%) limit $90,800 for a family of four.