FY2027 Small Area FMR · Mason City, IL

ZIP 62664 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62664 (Mason City, IL) is $960 a month, up 4.3% from FY2026. That is 3% above the Mason County, IL area-wide FMR of $930.

2-bedroom SAFMR$960per month ▲ 4.3%

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

Rank in the area8thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$864

2 BR Small Area FMR$960

110% of SAFMR$1,056

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

Studio$670▲ 6.3%

1 BR$730▲ 4.3%

2 BR$960▲ 4.3%

3 BR$1,330▲ 4.7%

4 BR$1,600▲ 3.9%

FY2027 FY2026

Where 62664 sits in the Mason County, IL area

Of the 12 ZIP codes HUD lists for the area, 62664 has the 8th highest two-bedroom Small Area FMR. Mason 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 $960 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	$670	$603 – $737	$648	$630
1 bedroom	$730	$657 – $803	$711	$700
2 bedrooms	$960	$864 – $1,056	$930	$920
3 bedrooms	$1,330	$1,197 – $1,463	$1,288	$1,270
4 bedrooms	$1,600	$1,440 – $1,760	$1,554	$1,540

A household renting a two-bedroom home at the Small Area FMR of $960 needs about $38,400 a year to keep housing costs at 30% of income. The area median family income is $84,100 and the 80% low-income limit for four people is $71,750. ZIP code 62664 lies mainly in Mason County. See the Mason County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62682	San Jose	7.7 mi	$1,100
62633	Easton	7.8 mi	$930
62642	Greenview	8.2 mi	$1,090
62671	New Holland	9.2 mi	$990
61532	Forest City	10.1 mi	$1,040
62666	Middletown	12.9 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 62664?

HUD's FY2027 Small Area Fair Market Rents for 62664 are $670 (studio), $730 (1 BR), $960 (2 BR), $1,330 (3 BR) and $1,600 (4 BR) a month.

What is the Section 8 payment standard in 62664?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62664 that range is $864 to $1,056 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62664?

The FY2026 income limits of the Mason County, IL area apply: median family income $84,100, low-income (80%) limit $71,750 for a family of four.