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Rent by ZIP · Bureau County

Rent in Spring Valley, IL 61362

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,160 (-2.5% vs FY2026). Renters in this ZIP code pay a median $917 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$810$820-1.2%$729–891–
1 bedroom$890$910-2.2%$801–979$576 ±$80
2 bedrooms$1,160$1,190-2.5%$1,044–1,276$1,022 ±$675
3 bedrooms$1,440$1,470-2%$1,296–1,584$1,130 ±$153
4 bedrooms$1,600$1,650-3%$1,440–1,760–

Small Area FMRs for the Bureau County, IL. 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 Bureau County, IL, 2 bedrooms: $981.

What renters pay in 61362

Median gross rent$917±$307 · all sizes
Renter households78234% of occupied homes
No cash rent31households

How rents are spread

Under $1,00056%
$1,000–1,49940%
$1,500–1,9990%
$2,000–2,4990%
$2,500–2,9994%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
61361Sheffield$1,030$873
61363Standard$1,040$1,000
61360Seneca$1,320$1,153
61364Streator$980$909
61359Seatonville$940–
61358Rutland$1,040–

Fair Market Rents across Bureau 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.