Rent by ZIP · Monroe County
Rent in Waterloo, IL 62298
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (+9.5% vs FY2026). Renters in this ZIP code pay a median $890 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $910 | $820 | +11% | $819–1,001 | – |
| 1 bedroom | $940 | $860 | +9.3% | $846–1,034 | $650 ±$70 |
| 2 bedrooms | $1,150 | $1,050 | +9.5% | $1,035–1,265 | $979 ±$188 |
| 3 bedrooms | $1,480 | $1,350 | +9.6% | $1,332–1,628 | $1,220 ±$570 |
| 4 bedrooms | $1,700 | $1,560 | +9% | $1,530–1,870 | – |
Small Area FMRs for the St. Louis, MO-IL HUD Metro FMR Area. 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 St. Louis, MO-IL HUD Metro FMR Area, 2 bedrooms: $1,349.
What renters pay in 62298
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 |
|---|---|---|---|
| 62297 | Walsh | $1,050 | – |
| 62295 | Valmeyer | $1,550 | $1,081 |
| 62294 | Troy | $1,350 | $1,151 |
| 62293 | Trenton | $1,110 | $858 |
| 62292 | Tilden | $990 | $689 |
| 62289 | Summerfield | $1,010 | – |
Fair Market Rents across Monroe 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.