Income Limits by County

FY2027 Small Area FMR · Marshall, IL

ZIP 62441 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62441 (Marshall, IL) is $1,020 a month, up 1.0% from FY2026. That is 1% above the Clark County, IL area-wide FMR of $1,011.

2-bedroom SAFMR$1,020per month ▲ 1.0%
Area-wide 2 BR FMR$1,011Clark County, IL
Rank in the area3rdof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918
2 BR Small Area FMR$1,020
110% of SAFMR$1,122

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

FY2027 FY2026

Where 62441 sits in the Clark County, IL area

$930$1,520median $950

Of the 13 ZIP codes HUD lists for the area, 62441 has the 3rd highest two-bedroom Small Area FMR. Clark 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 $1,011 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 for this ZIP code instead.

ZIP code 62441 crosses more than one HUD area. HUD also lists it under Edgar County, IL (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$710$639 – $781$704$700
1 bedroom$780$702 – $858$773$770
2 bedrooms$1,020$918 – $1,122$1,011$1,010
3 bedrooms$1,220$1,098 – $1,342$1,205$1,250
4 bedrooms$1,470$1,323 – $1,617$1,461$1,340

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $93,200 and the 80% low-income limit for four people is $74,550. ZIP code 62441 lies mainly in Clark County and Edgar County. See the Clark County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
62423Dennison7.7 mi$980
62442Martinsville10.6 mi$1,010
62477West Union11.7 mi$1,520
47870Prairieton12.0 mi$1,190
47869Prairie Creek13.7 mi$1,190
61955Vermilion13.9 mi$1,400

Questions

What is the Fair Market Rent for ZIP code 62441?

HUD's FY2027 Small Area Fair Market Rents for 62441 are $710 (studio), $780 (1 BR), $1,020 (2 BR), $1,220 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 62441?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62441 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62441?

The FY2026 income limits of the Clark County, IL area apply: median family income $93,200, low-income (80%) limit $74,550 for a family of four.