FY2027 Small Area FMR · Mount Sterling, IL

ZIP 62353 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62353 (Mount Sterling, IL) is $1,080 a month, up 2.9% from FY2026. That is 0% equal to the Brown County, IL area-wide FMR of $1,084.

2-bedroom SAFMR$1,080per month ▲ 2.9%

Area-wide 2 BR FMR$1,084Brown County, IL

Rank in the area2ndof 5 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$750▲ 4.2%

1 BR$830▲ 3.8%

2 BR$1,080▲ 2.9%

3 BR$1,350▲ 7.1%

4 BR$1,560▲ 4.0%

FY2027 FY2026

Where 62353 sits in the Brown County, IL area

Of the 5 ZIP codes HUD lists for the area, 62353 has the 2nd highest two-bedroom Small Area FMR. Brown 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 $1,084 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,080 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	$750	$675 – $825	$755	$720
1 bedroom	$830	$747 – $913	$829	$800
2 bedrooms	$1,080	$972 – $1,188	$1,084	$1,050
3 bedrooms	$1,350	$1,215 – $1,485	$1,357	$1,260
4 bedrooms	$1,560	$1,404 – $1,716	$1,566	$1,500

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $90,000 and the 80% low-income limit for four people is $72,000. ZIP code 62353 lies mainly in Brown County, Pike County and Schuyler County. See the Brown County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62375	Timewell	6.5 mi	$1,250
62378	Versailles	7.7 mi	$1,050
62324	Clayton	11.3 mi	$970
62323	Chambersburg	12.3 mi	$960
62319	Camden	12.8 mi	$930
62362	Perry	12.8 mi	$930

Questions

What is the Fair Market Rent for ZIP code 62353?

HUD's FY2027 Small Area Fair Market Rents for 62353 are $750 (studio), $830 (1 BR), $1,080 (2 BR), $1,350 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 62353?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62353 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62353?

The FY2026 income limits of the Brown County, IL area apply: median family income $90,000, low-income (80%) limit $72,000 for a family of four.