FY2027 Small Area FMR · Toledo, IL

ZIP 62468 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62468 (Toledo, IL) is $1,040 a month, up 7.2% from FY2026. That is 12% above the Cumberland County, IL area-wide FMR of $930.

2-bedroom SAFMR$1,040per month ▲ 7.2%

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

Rank in the area2ndof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$720▲ 7.5%

1 BR$820▲ 7.9%

2 BR$1,040▲ 7.2%

3 BR$1,240▲ 6.9%

4 BR$1,740▲ 6.7%

FY2027 FY2026

Where 62468 sits in the Cumberland County, IL area

Of the 13 ZIP codes HUD lists for the area, 62468 has the 2nd highest two-bedroom Small Area FMR. Cumberland 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 $1,040 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	$720	$648 – $792	$648	$670
1 bedroom	$820	$738 – $902	$733	$760
2 bedrooms	$1,040	$936 – $1,144	$930	$970
3 bedrooms	$1,240	$1,116 – $1,364	$1,108	$1,160
4 bedrooms	$1,740	$1,566 – $1,914	$1,554	$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $101,100 and the 80% low-income limit for four people is $80,900. ZIP code 62468 lies mainly in Cumberland County. See the Cumberland County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62469	Trilla	6.2 mi	$990
62436	Jewett	6.8 mi	$970
62428	Greenup	7.2 mi	$930
62445	Montrose	7.9 mi	$930
62440	Lerna	8.2 mi	$1,180
62447	Neoga	9.9 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 62468?

HUD's FY2027 Small Area Fair Market Rents for 62468 are $720 (studio), $820 (1 BR), $1,040 (2 BR), $1,240 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 62468?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62468 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62468?

The FY2026 income limits of the Cumberland County, IL area apply: median family income $101,100, low-income (80%) limit $80,900 for a family of four.