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Fair Market Rent · Illinois

Fair Market Rent in Montgomery County, IL

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

$700studio
$7161 bedroom
$9302 bedrooms
$1,1083 bedrooms
$1,2774 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Montgomery County is $930 a month, -0.7% from FY2026. Montgomery County is part of the Montgomery County, IL (a non-metro county 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$700$694+0.9%$630–770
1 bedroom$716$714+0.3%$644–788
2 bedrooms$930$937-0.7%$837–1,023
3 bedrooms$1,108$1,123-1.3%$997–1,219
4 bedrooms$1,277$1,287-0.8%$1,149–1,405

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 Montgomery 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
62015Butler$1,140––
62017Coffeen$1,140$850$838
62032Fillmore$930–$663
62049Hillsboro$1,000$736$731
62051Irving$1,030–$533
62056Litchfield$930$793$691
62075Nokomis$1,070$923$909
62076Ohlman$1,070––
62077Panama$1,220–$970
62089Taylor Springs$930–$593
62091Walshville$990––
62094Witt$930–$578
62533Farmersville$960$800$764
62538Harvel$930$771$759
62560Raymond$1,080$725$923
62572Waggoner$930–$650

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.