FY2027 Small Area FMR · Colp, IL

ZIP 62921 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62921 (Colp, IL) is $1,070 a month, down 4.5% from FY2026. That is 7% above the Williamson County, IL area-wide FMR of $996.

2-bedroom SAFMR$1,070per month ▼ 4.5%

Area-wide 2 BR FMR$996Williamson County, IL

Rank in the area3rdof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$750▼ 7.4%

1 BR$820▼ 3.5%

2 BR$1,070▼ 4.5%

3 BR$1,400▼ 5.4%

4 BR$1,410▼ 9.0%

FY2027 FY2026

Where 62921 sits in the Williamson County, IL area

Of the 22 ZIP codes HUD lists for the area, 62921 has the 3rd highest two-bedroom Small Area FMR. Williamson 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 $996 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$750	$675 – $825	$694	$810
1 bedroom	$820	$738 – $902	$761	$850
2 bedrooms	$1,070	$963 – $1,177	$996	$1,120
3 bedrooms	$1,400	$1,260 – $1,540	$1,304	$1,480
4 bedrooms	$1,410	$1,269 – $1,551	$1,309	$1,550

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $95,000 and the 80% low-income limit for four people is $76,000. ZIP code 62921 lies mainly in Williamson County. See the Williamson County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62918	Carterville	0.9 mi	$1,070
62915	Cambria	2.3 mi	$940
62948	Herrin	3.1 mi	$1,130
62949	Hurst	3.7 mi	$940
62933	Energy	3.9 mi	$940
62999	Zeigler	4.9 mi	$950

Questions

What is the Fair Market Rent for ZIP code 62921?

HUD's FY2027 Small Area Fair Market Rents for 62921 are $750 (studio), $820 (1 BR), $1,070 (2 BR), $1,400 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 62921?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62921 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62921?

The FY2026 income limits of the Williamson County, IL area apply: median family income $95,000, low-income (80%) limit $76,000 for a family of four.