FY2027 Small Area FMR · Milton, IL

ZIP 62352 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62352 (Milton, IL) is $1,070 a month, down 9.3% from FY2026. That is 15% above the Pike County, IL area-wide FMR of $930.

2-bedroom SAFMR$1,070per month ▼ 9.3%

Area-wide 2 BR FMR$930Pike County, IL

Rank in the area3rdof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$730▼ 9.9%

1 BR$810▼ 10.0%

2 BR$1,070▼ 9.3%

3 BR$1,290▼ 9.8%

4 BR$1,610▼ 9.6%

FY2027 FY2026

Where 62352 sits in the Pike County, IL area

Of the 15 ZIP codes HUD lists for the area, 62352 has the 3rd highest two-bedroom Small Area FMR. Pike 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 $930 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$730	$657 – $803	$648	$810
1 bedroom	$810	$729 – $891	$711	$900
2 bedrooms	$1,070	$963 – $1,177	$930	$1,180
3 bedrooms	$1,290	$1,161 – $1,419	$1,135	$1,430
4 bedrooms	$1,610	$1,449 – $1,771	$1,403	$1,780

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 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 62352 lies mainly in Pike County. See the Pike County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62361	Pearl	5.8 mi	$1,080
62363	Pittsfield	6.6 mi	$980
62694	Winchester	10.0 mi	$930
62050	Hillview	10.3 mi	$940
62078	Patterson	10.6 mi	$930
62610	Alsey	11.5 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 62352?

HUD's FY2027 Small Area Fair Market Rents for 62352 are $730 (studio), $810 (1 BR), $1,070 (2 BR), $1,290 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 62352?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62352 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62352?

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