FY2027 Small Area FMR · Cisne, IL

ZIP 62823 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62823 (Cisne, IL) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Wayne County, IL area-wide FMR of $930.

2-bedroom SAFMR$930per month ▲ 1.1%

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

Rank in the area12thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$650▲ 3.2%

1 BR$710▲ 1.4%

2 BR$930▲ 1.1%

3 BR$1,150▲ 4.5%

4 BR$1,550▲ 0.6%

FY2027 FY2026

Where 62823 sits in the Wayne County, IL area

Of the 21 ZIP codes HUD lists for the area, 62823 has the 12th highest two-bedroom Small Area FMR. Wayne 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 $930 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	$650	$585 – $715	$648	$630
1 bedroom	$710	$639 – $781	$711	$700
2 bedrooms	$930	$837 – $1,023	$930	$920
3 bedrooms	$1,150	$1,035 – $1,265	$1,150	$1,100
4 bedrooms	$1,550	$1,395 – $1,705	$1,554	$1,540

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $78,700 and the 80% low-income limit for four people is $71,750. ZIP code 62823 lies mainly in Wayne County. See the Wayne County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62878	Rinard	4.6 mi	$930
62842	Geff	5.8 mi	$1,120
62850	Johnsonville	8.4 mi	$950
62839	Flora	9.9 mi	$930
62824	Clay City	11.2 mi	$930
62886	Sims	11.4 mi	$990

Questions

What is the Fair Market Rent for ZIP code 62823?

HUD's FY2027 Small Area Fair Market Rents for 62823 are $650 (studio), $710 (1 BR), $930 (2 BR), $1,150 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 62823?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62823 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62823?

The FY2026 income limits of the Wayne County, IL area apply: median family income $78,700, low-income (80%) limit $71,750 for a family of four.