FY2027 Small Area FMR · Irvington, IL

ZIP 62848 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62848 (Irvington, IL) is $990 a month, down 3.9% from FY2026. That is 6% above the Washington County, IL area-wide FMR of $930.

2-bedroom SAFMR$990per month ▼ 3.9%

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

Rank in the area5thof 14 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.

Studio$690▼ 2.8%

1 BR$910▼ 3.2%

2 BR$990▼ 3.9%

3 BR$1,350▼ 3.6%

4 BR$1,360▼ 4.9%

FY2027 FY2026

Where 62848 sits in the Washington County, IL area

Of the 14 ZIP codes HUD lists for the area, 62848 has the 5th highest two-bedroom Small Area FMR. Washington 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
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$690	$621 – $759	$648	$710
1 bedroom	$910	$819 – $1,001	$854	$940
2 bedrooms	$990	$891 – $1,089	$930	$1,030
3 bedrooms	$1,350	$1,215 – $1,485	$1,271	$1,400
4 bedrooms	$1,360	$1,224 – $1,496	$1,276	$1,430

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 $99,400 and the 80% low-income limit for four people is $79,500. ZIP code 62848 lies mainly in Washington County. See the Washington County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62877	Richview	3.7 mi	$930
62801	Centralia	5.6 mi	$960
62803	Hoyleton	7.1 mi	$990
62893	Walnut Hill	7.7 mi	$1,010
62898	Woodlawn	8.2 mi	$1,010
62808	Ashley	8.9 mi	$930

Questions

What is the Fair Market Rent for ZIP code 62848?

HUD's FY2027 Small Area Fair Market Rents for 62848 are $690 (studio), $910 (1 BR), $990 (2 BR), $1,350 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 62848?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62848 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 62848?

The FY2026 income limits of the Washington County, IL area apply: median family income $99,400, low-income (80%) limit $79,500 for a family of four.