FeaturesUse casesHow it worksPricingGuidesFAQAboutContactPro dashboardCheck a rent

Fair Market Rent · Illinois

Fair Market Rent in Mercer County, IL

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$787studio
$8521 bedroom
$1,0562 bedrooms
$1,3963 bedrooms
$1,6974 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Mercer County is $1,056 a month, -7.6% from FY2026. Mercer County is part of the Davenport-Moline-Rock Island, IA-IL MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$787$817-3.7%$708–866
1 bedroom$852$928-8.2%$767–937
2 bedrooms$1,056$1,143-7.6%$950–1,162
3 bedrooms$1,396$1,498-6.8%$1,256–1,536
4 bedrooms$1,697$1,819-6.7%$1,527–1,867

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Mercer County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
61231Aledo$1,030$821$815
61260Joy$1,030$630$643
61263Matherville$1,030–$856
61272New Boston$1,030–$605
61276Preemption$1,030––
61279Reynolds$1,180–$1,125
61281Sherrard$1,030–$763
61412Alexis$1,050$900$920
61442Keithsburg$1,030$642$607
61465New Windsor$1,030–$447
61466North Henderson$1,030––
61476Seaton$1,240–$1,097
61486Viola$1,040$725$1,000

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.