Rent by ZIP · Cook County
Rent in Palos Heights, IL 60463
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,620 (+17% vs FY2026). Renters in this ZIP code pay a median $2,559 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,190 | $1,860 | +17.7% | $1,971–2,409 | – |
| 1 bedroom | $2,320 | $1,990 | +16.6% | $2,088–2,552 | $2,656 ±$2,547 |
| 2 bedrooms | $2,620 | $2,240 | +17% | $2,358–2,882 | – |
| 3 bedrooms | $3,370 | $2,880 | +17% | $3,033–3,707 | $2,417 ±$382 |
| 4 bedrooms | $3,850 | $3,340 | +15.3% | $3,465–4,235 | – |
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 60463
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60462 | Orland Park | $1,960 | $1,407 |
| 60464 | Palos Park | $2,100 | – |
| 60461 | Olympia Fields | $2,410 | – |
| 60465 | Palos Hills | $1,780 | $1,428 |
| 60460 | Odell | $1,130 | $941 |
| 60466 | Park Forest | $1,980 | $1,417 |
Fair Market Rents across Cook 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.