Income Limits by County

FY2027 Small Area FMR · Stoy, IL

ZIP 62464 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62464 (Stoy, IL) is $990 a month, up 2.1% from FY2026. That is 6% above the Crawford County, IL area-wide FMR of $930.

2-bedroom SAFMR$990per month ▲ 2.1%
Area-wide 2 BR FMR$930Crawford County, IL
Rank in the area4thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891
2 BR Small Area FMR$990
110% of SAFMR$1,089

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

FY2027 FY2026

Where 62464 sits in the Crawford County, IL area

$930$1,240median $950

Of the 11 ZIP codes HUD lists for the area, 62464 has the 4th highest two-bedroom Small Area FMR. Crawford 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 $990 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$690$621 – $759$648$670
1 bedroom$800$720 – $880$753$810
2 bedrooms$990$891 – $1,089$930$970
3 bedrooms$1,360$1,224 – $1,496$1,288$1,300
4 bedrooms$1,640$1,476 – $1,804$1,554$1,620

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 $99,000 and the 80% low-income limit for four people is $79,200. ZIP code 62464 lies mainly in Crawford County. See the Crawford County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
62449Oblong4.2 mi$930
62454Robinson4.5 mi$990
62480Willow Hill8.6 mi$950
62413Annapolis10.3 mi$950
62433Hutsonville10.5 mi$930
62459Sainte Marie10.9 mi$950

Questions

What is the Fair Market Rent for ZIP code 62464?

HUD's FY2027 Small Area Fair Market Rents for 62464 are $690 (studio), $800 (1 BR), $990 (2 BR), $1,360 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 62464?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62464 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 62464?

The FY2026 income limits of the Crawford County, IL area apply: median family income $99,000, low-income (80%) limit $79,200 for a family of four.