FY2027 Small Area FMR · Millcreek, IL

ZIP 62961 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 62961 (Millcreek, IL) is $950 a month, up 3.3% from FY2026. That is 2% above the Union County, IL area-wide FMR of $930.

2-bedroom SAFMR$950per month ▲ 3.3%

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

Rank in the area11thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

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

Studio$670▲ 4.7%

1 BR$730▲ 4.3%

2 BR$950▲ 3.3%

3 BR$1,190▲ 4.4%

4 BR$1,350▲ 4.7%

FY2027 FY2026

Where 62961 sits in the Union County, IL area

Of the 14 ZIP codes HUD lists for the area, 62961 has the 11th highest two-bedroom Small Area FMR. Union 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 $950 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	$640
1 bedroom	$730	$657 – $803	$711	$700
2 bedrooms	$950	$855 – $1,045	$930	$920
3 bedrooms	$1,190	$1,071 – $1,309	$1,146	$1,140
4 bedrooms	$1,350	$1,215 – $1,485	$1,292	$1,290

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $89,500 and the 80% low-income limit for four people is $71,750. ZIP code 62961 lies mainly in Union County. See the Union County, IL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
62988	Tamms	5.7 mi	$960
62992	Ullin	6.3 mi	$960
62926	Dongola	7.1 mi	$930
62952	Jonesboro	7.3 mi	$960
62976	Pulaski	8.5 mi	$930
62957	Mc Clure	9.6 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 62961?

HUD's FY2027 Small Area Fair Market Rents for 62961 are $670 (studio), $730 (1 BR), $950 (2 BR), $1,190 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 62961?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 62961 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 62961?

The FY2026 income limits of the Union County, IL area apply: median family income $89,500, low-income (80%) limit $71,750 for a family of four.