FY2027 Small Area FMR · Caseyville, IL

ZIP 62232 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62232 (Caseyville, IL) is $1,280 a month, up 4.9% from FY2026. That is 5% below the St. Louis, MO-IL area-wide FMR of $1,349.

2-bedroom SAFMR$1,280per month ▲ 4.9%

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

Rank in the area108thof 268 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$1,010▲ 5.2%

1 BR$1,050▲ 5.0%

2 BR$1,280▲ 4.9%

3 BR$1,640▲ 4.5%

4 BR$1,900▲ 5.0%

FY2027 FY2026

Where 62232 sits in the St. Louis, MO-IL area

Of the 268 ZIP codes HUD lists for the area, 62232 has the 108th 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 $1,152 and $1,408 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,010	$909 – $1,111	$1,064	$960
1 bedroom	$1,050	$945 – $1,155	$1,104	$1,000
2 bedrooms	$1,280	$1,152 – $1,408	$1,349	$1,220
3 bedrooms	$1,640	$1,476 – $1,804	$1,731	$1,570
4 bedrooms	$1,900	$1,710 – $2,090	$1,997	$1,810

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 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 62232 lies mainly in St. Clair 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
62208	Fairview Heights	2.6 mi	$1,450
62234	Collinsville	3.7 mi	$1,250
62203	East Saint Louis	4.6 mi	$1,230
62204	East Saint Louis	4.7 mi	$1,040
62269	O Fallon	5.2 mi	$1,570
62205	East Saint Louis	6.7 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 62232?

HUD's FY2027 Small Area Fair Market Rents for 62232 are $1,010 (studio), $1,050 (1 BR), $1,280 (2 BR), $1,640 (3 BR) and $1,900 (4 BR) a month.

What is the Section 8 payment standard in 62232?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62232 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62232?

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.