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Rent by ZIP · Will County

Rent in Shorewood, IL 60404

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,760 (+15.5% vs FY2026). Renters in this ZIP code pay a median $1,779 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,300$1,990+15.6%$2,070–2,530–
1 bedroom$2,440$2,120+15.1%$2,196–2,684$1,042 ±$538
2 bedrooms$2,760$2,390+15.5%$2,484–3,036$1,431 ±$836
3 bedrooms$3,550$3,080+15.3%$3,195–3,905$1,902 ±$209
4 bedrooms$4,050$3,560+13.8%$3,645–4,455–

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.

What renters pay in 60404

Median gross rent$1,779±$241 · all sizes
Renter households3685% of occupied homes
No cash rent16households

How rents are spread

Under $1,00013%
$1,000–1,49921%
$1,500–1,99929%
$2,000–2,49926%
$2,500–2,99911%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60403Crest Hill$1,930$1,592
60402Berwyn$1,630$1,298
60406Blue Island$1,500$1,116
60401Beecher$1,590$1,123
60407Braceville$1,890$1,263
60408Braidwood$1,590$1,085

Fair Market Rents across Will County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.