Rent by ZIP · Mercer County
Rent in Sherrard, IL 61281
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,030 (+3% vs FY2026). Renters in this ZIP code pay a median $763 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $740 | $710 | +4.2% | $666–814 | – |
| 1 bedroom | $840 | $810 | +3.7% | $756–924 | – |
| 2 bedrooms | $1,030 | $1,000 | +3% | $927–1,133 | – |
| 3 bedrooms | $1,350 | $1,310 | +3.1% | $1,215–1,485 | $1,080 ±$276 |
| 4 bedrooms | $1,640 | $1,590 | +3.1% | $1,476–1,804 | – |
Small Area FMRs for the Davenport-Moline-Rock Island, IA-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 Davenport-Moline-Rock Island, IA-IL MSA, 2 bedrooms: $1,056.
What renters pay in 61281
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 |
|---|---|---|---|
| 61282 | Silvis | $1,120 | $1,066 |
| 61279 | Reynolds | $1,180 | – |
| 61283 | Tampico | $1,060 | $981 |
| 61278 | Rapids City | $1,260 | – |
| 61284 | Taylor Ridge | $1,260 | – |
| 61277 | Prophetstown | $1,030 | $836 |
Fair Market Rents across Mercer 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.