Fair Market Rent · Illinois
Fair Market Rent in Shelby County, IL
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Shelby County is $946 a month, -0.5% from FY2026. Shelby County is part of the Shelby 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $659 | $656 | +0.5% | $593–725 |
| 1 bedroom | $766 | $789 | -2.9% | $689–843 |
| 2 bedrooms | $946 | $951 | -0.5% | $851–1,041 |
| 3 bedrooms | $1,127 | $1,140 | -1.1% | $1,014–1,240 |
| 4 bedrooms | $1,400 | $1,435 | -2.4% | $1,260–1,540 |
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 Shelby County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 61957 | Windsor | $930 | $766 | $729 |
| 62422 | Cowden | $940 | $1,023 | $720 |
| 62431 | Herrick | $960 | $594 | $625 |
| 62438 | Lakewood | $930 | – | – |
| 62444 | Mode | $1,020 | – | – |
| 62462 | Sigel | $930 | $655 | $760 |
| 62463 | Stewardson | $970 | $810 | $779 |
| 62465 | Strasburg | $1,160 | – | $1,027 |
| 62534 | Findlay | $1,010 | – | $883 |
| 62550 | Moweaqua | $1,080 | $881 | $885 |
| 62553 | Oconee | $1,030 | – | $850 |
| 62565 | Shelbyville | $930 | $840 | $805 |
| 62571 | Tower Hill | $930 | $905 | $813 |
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.