Rent by ZIP · Will County
Rent in Peotone, IL 60468
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,430 (+7.5% vs FY2026). Renters in this ZIP code pay a median $992 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,180 | $1,100 | +7.3% | $1,062–1,298 | – |
| 1 bedroom | $1,260 | $1,170 | +7.7% | $1,134–1,386 | $879 ±$246 |
| 2 bedrooms | $1,430 | $1,330 | +7.5% | $1,287–1,573 | $1,065 ±$346 |
| 3 bedrooms | $1,830 | $1,710 | +7% | $1,647–2,013 | $886 ±$450 |
| 4 bedrooms | $2,090 | $1,970 | +6.1% | $1,881–2,299 | – |
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 60468
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 |
|---|---|---|---|
| 60467 | Orland Park | $2,880 | $2,594 |
| 60469 | Posen | $1,910 | $1,082 |
| 60466 | Park Forest | $1,980 | $1,417 |
| 60470 | Ransom | $1,320 | $900 |
| 60465 | Palos Hills | $1,780 | $1,428 |
| 60471 | Richton Park | $1,880 | $1,466 |
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.