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Rent by ZIP · Champaign County

Rent in Penfield, IL 61862

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+3.1% vs FY2026). Renters in this ZIP code pay a median $825 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$850$820+3.7%$765–935–
1 bedroom$860$820+4.9%$774–946–
2 bedrooms$1,010$980+3.1%$909–1,111–
3 bedrooms$1,300$1,270+2.4%$1,170–1,430–
4 bedrooms$1,340$1,290+3.9%$1,206–1,474–

Small Area FMRs for the Champaign-Urbana, 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 Champaign-Urbana, IL HUD Metro FMR Area, 2 bedrooms: $1,173.

What renters pay in 61862

Median gross rent$825±$255 · all sizes
Renter households2916% of occupied homes
No cash rent11households

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
61863Pesotum$1,010$544
61864Philo$1,280–
61859Ogden$1,530$1,063
61865Potomac$930$698
61858Oakwood$950–
61866Rantoul$1,030$788

Fair Market Rents across Champaign 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.