Rent by ZIP · Winnebago County
Rent in Cherry Valley, IL 61016
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,060 (-0.9% vs FY2026). Renters in this ZIP code pay a median $1,021 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $740 | $730 | +1.4% | $666–814 | – |
| 1 bedroom | $810 | $810 | 0% | $729–891 | – |
| 2 bedrooms | $1,060 | $1,070 | -0.9% | $954–1,166 | $882 ±$412 |
| 3 bedrooms | $1,400 | $1,410 | -0.7% | $1,260–1,540 | $1,661 ±$171 |
| 4 bedrooms | $1,440 | $1,450 | -0.7% | $1,296–1,584 | – |
Small Area FMRs for the Rockford, IL MSA. 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 Rockford, IL MSA, 2 bedrooms: $1,172.
What renters pay in 61016
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 |
|---|---|---|---|
| 61015 | Chana | $1,040 | – |
| 61014 | Chadwick | $1,010 | $910 |
| 61018 | Dakota | $940 | – |
| 61013 | Cedarville | $940 | – |
| 61019 | Davis | $1,260 | $904 |
| 61012 | Capron | $1,060 | $900 |
Fair Market Rents across Winnebago 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.