FY2027 Small Area FMR · Dale, IL

ZIP 62829 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62829 (Dale, IL) is $1,010 a month, up 2.0% from FY2026. That is 9% above the Hamilton County, IL area-wide FMR of $930.

2-bedroom SAFMR$1,010per month ▲ 2.0%

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

Rank in the area5thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 4.4%

1 BR$870▲ 11.5%

2 BR$1,010▲ 2.0%

3 BR$1,410▲ 3.7%

4 BR$1,460▲ 4.3%

FY2027 FY2026

Where 62829 sits in the Hamilton County, IL area

Of the 13 ZIP codes HUD lists for the area, 62829 has the 5th highest two-bedroom Small Area FMR. Hamilton 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 $1,010 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	$710	$639 – $781	$648	$680
1 bedroom	$870	$783 – $957	$798	$780
2 bedrooms	$1,010	$909 – $1,111	$930	$990
3 bedrooms	$1,410	$1,269 – $1,551	$1,288	$1,360
4 bedrooms	$1,460	$1,314 – $1,606	$1,344	$1,400

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $92,100 and the 80% low-income limit for four people is $73,700. ZIP code 62829 lies mainly in Hamilton County. See the Hamilton County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62817	Broughton	1.5 mi	$1,190
62859	Mc Leansboro	7.8 mi	$930
62977	Raleigh	9.0 mi	$930
62930	Eldorado	9.7 mi	$960
62869	Norris City	11.6 mi	$930
62935	Galatia	12.2 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 62829?

HUD's FY2027 Small Area Fair Market Rents for 62829 are $710 (studio), $870 (1 BR), $1,010 (2 BR), $1,410 (3 BR) and $1,460 (4 BR) a month.

What is the Section 8 payment standard in 62829?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62829 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62829?

The FY2026 income limits of the Hamilton County, IL area apply: median family income $92,100, low-income (80%) limit $73,700 for a family of four.