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Rent by ZIP · Will County

Rent in Wilmington, IL 60481

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,460 (+13.2% vs FY2026). Renters in this ZIP code pay a median $1,034 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,220$1,070+14%$1,098–1,342–
1 bedroom$1,290$1,140+13.2%$1,161–1,419$778 ±$388
2 bedrooms$1,460$1,290+13.2%$1,314–1,606$1,091 ±$98
3 bedrooms$1,880$1,660+13.3%$1,692–2,068$1,008 ±$558
4 bedrooms$2,150$1,920+12%$1,935–2,365–

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 60481

Median gross rent$1,034±$134 · all sizes
Renter households1,19226% of occupied homes
No cash rent163households

How rents are spread

Under $1,00047%
$1,000–1,49938%
$1,500–1,9999%
$2,000–2,4994%
$2,500–2,9990%
$3,000–3,4990%
$3,500+2%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60480Willow Springs$2,010$1,614
60482Worth$1,610$1,314
60479Verona$1,590$961
60478Country Club Hills$2,430$1,175
60484University Park$2,260–
60477Tinley Park$2,010$1,473

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.