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Rent by ZIP · Will County

Rent in Joliet, IL 60432

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,770 (+13.5% vs FY2026). Renters in this ZIP code pay a median $1,253 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,480$1,300+13.8%$1,332–1,628$937 ±$118
1 bedroom$1,570$1,380+13.8%$1,413–1,727$1,093 ±$163
2 bedrooms$1,770$1,560+13.5%$1,593–1,947$1,218 ±$66
3 bedrooms$2,280$2,010+13.4%$2,052–2,508$1,346 ±$182
4 bedrooms$2,600$2,320+12.1%$2,340–2,860$1,656 ±$159

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 60432

Median gross rent$1,253±$83 · all sizes
Renter households2,72341% of occupied homes
No cash rent102households

How rents are spread

Under $1,00021%
$1,000–1,49949%
$1,500–1,99925%
$2,000–2,4994%
$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
60431Joliet$1,950$1,351
60433Joliet$1,820$1,358
60430Homewood$1,960$1,177
60429Hazel Crest$1,980$1,343
60435Joliet$1,880$1,314
60428Markham$2,290–

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.