FY2027 Small Area FMR · Germantown, IL
ZIP 62245 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62245 (Germantown, IL) is $990 a month, unchanged from FY2026. That is 27% below the St. Louis, MO-IL area-wide FMR of $1,349.
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 62245 sits in the St. Louis, MO-IL area
Of the 268 ZIP codes HUD lists for the area, 62245 has the 238th 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 $891 and $1,089 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $780 | $702 – $858 | $1,064 | $760 |
| 1 bedroom | $810 | $729 – $891 | $1,104 | $800 |
| 2 bedrooms | $990 | $891 – $1,089 | $1,349 | $990 |
| 3 bedrooms | $1,270 | $1,143 – $1,397 | $1,731 | $1,270 |
| 4 bedrooms | $1,470 | $1,323 – $1,617 | $1,997 | $1,480 |
A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 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 62245 lies mainly in Clinton County. See the St. Louis, MO-IL metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 62245?
HUD's FY2027 Small Area Fair Market Rents for 62245 are $780 (studio), $810 (1 BR), $990 (2 BR), $1,270 (3 BR) and $1,470 (4 BR) a month.
What is the Section 8 payment standard in 62245?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62245 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 62245?
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.