Fair Market Rent · Illinois
Fair Market Rent in Will 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 Will County is $2,011 a month, +12.9% from FY2026. Will County is part of the Chicago-Joliet-Naperville, IL HUD Metro FMR Area (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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,678 | $1,480 | +13.4% | $1,510–1,846 |
| 1 bedroom | $1,780 | $1,581 | +12.6% | $1,602–1,958 |
| 2 bedrooms | $2,011 | $1,781 | +12.9% | $1,810–2,212 |
| 3 bedrooms | $2,586 | $2,294 | +12.7% | $2,327–2,845 |
| 4 bedrooms | $2,954 | $2,653 | +11.3% | $2,659–3,249 |
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 Will 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 |
|---|---|---|---|---|
| 60401 | Beecher | $1,590 | $1,123 | $1,095 |
| 60403 | Crest Hill | $1,930 | $1,592 | $1,481 |
| 60404 | Shorewood | $2,760 | $1,431 | $1,779 |
| 60408 | Braidwood | $1,590 | $1,085 | $1,051 |
| 60410 | Channahon | $2,320 | $1,653 | $1,645 |
| 60417 | Crete | $1,840 | $1,540 | $1,391 |
| 60421 | Elwood | $1,560 | $988 | $1,188 |
| 60423 | Frankfort | $2,060 | $1,185 | $1,492 |
| 60431 | Joliet | $1,950 | $1,351 | $1,410 |
| 60432 | Joliet | $1,770 | $1,218 | $1,253 |
| 60433 | Joliet | $1,820 | $1,358 | $1,357 |
| 60435 | Joliet | $1,880 | $1,314 | $1,168 |
| 60436 | Joliet | $1,860 | $1,306 | $1,306 |
| 60440 | Bolingbrook | $2,340 | $1,588 | $1,695 |
| 60441 | Lockport | $2,120 | $1,484 | $1,578 |
| 60442 | Manhattan | $1,600 | $1,138 | $1,213 |
| 60446 | Romeoville | $2,570 | $1,890 | $1,888 |
| 60448 | Mokena | $1,950 | $1,341 | $1,259 |
| 60449 | Monee | $1,980 | $1,393 | $1,555 |
| 60451 | New Lenox | $1,870 | $1,410 | $1,505 |
| 60468 | Peotone | $1,430 | $1,065 | $992 |
| 60481 | Wilmington | $1,460 | $1,091 | $1,034 |
| 60484 | University Park | $2,260 | – | $1,686 |
| 60490 | Bolingbrook | $3,020 | – | $1,964 |
| 60491 | Homer Glen | $2,340 | $1,801 | $1,823 |
| 60503 | Aurora | $2,910 | $2,172 | $2,274 |
| 60544 | Plainfield | $2,700 | $1,677 | $1,978 |
| 60564 | Naperville | $3,020 | $2,120 | $2,217 |
| 60585 | Plainfield | $3,030 | $2,339 | $2,334 |
| 60586 | Plainfield | $2,950 | $1,980 | $2,257 |
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.