Rent by ZIP · Lee County
Rent in Franklin Grove, IL 61031
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+9.8% vs FY2026). Renters in this ZIP code pay a median $823 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $700 | $640 | +9.4% | $630–770 | – |
| 1 bedroom | $790 | $810 | -2.5% | $711–869 | $741 ±$152 |
| 2 bedrooms | $1,010 | $920 | +9.8% | $909–1,111 | $842 ±$41 |
| 3 bedrooms | $1,290 | $1,270 | +1.6% | $1,161–1,419 | $1,125 ±$125 |
| 4 bedrooms | $1,450 | $1,390 | +4.3% | $1,305–1,595 | – |
Small Area FMRs for the Lee County, IL. 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 Lee County, IL, 2 bedrooms: $930.
What renters pay in 61031
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 |
|---|---|---|---|
| 61030 | Forreston | $1,020 | $988 |
| 61032 | Freeport | $940 | $788 |
| 61028 | Elizabeth | $1,060 | $700 |
| 61036 | Galena | $930 | $893 |
| 61025 | East Dubuque | $1,070 | $754 |
| 61024 | Durand | $1,060 | $792 |
Fair Market Rents across Lee 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.