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Rent by ZIP · Will County

Rent in Braidwood, IL 60408

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,590 (+5.3% vs FY2026). Renters in this ZIP code pay a median $1,051 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,330$1,250+6.4%$1,197–1,463–
1 bedroom$1,410$1,340+5.2%$1,269–1,551–
2 bedrooms$1,590$1,510+5.3%$1,431–1,749$1,085 ±$48
3 bedrooms$2,040$1,940+5.2%$1,836–2,244$1,313 ±$580
4 bedrooms$2,340$2,250+4%$2,106–2,574–

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 60408

Median gross rent$1,051±$88 · all sizes
Renter households30014% of occupied homes
No cash rent0households

How rents are spread

Under $1,00041%
$1,000–1,49949%
$1,500–1,9997%
$2,000–2,4993%
$2,500–2,9990%
$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
60407Braceville$1,890$1,263
60409Calumet City$1,640$1,151
60406Blue Island$1,500$1,116
60410Channahon$2,320$1,653
60411Chicago Heights$1,690$1,104
60404Shorewood$2,760$1,431

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.