Rent by ZIP · Hancock County
Rent in Bowen, IL 62316
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $960 (+4.3% vs FY2026). Renters in this ZIP code pay a median $405 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $670 | $630 | +6.3% | $603–737 | – |
| 1 bedroom | $770 | $790 | -2.5% | $693–847 | $463 ±$184 |
| 2 bedrooms | $960 | $920 | +4.3% | $864–1,056 | $283 ±$234 |
| 3 bedrooms | $1,200 | $1,140 | +5.3% | $1,080–1,320 | – |
| 4 bedrooms | $1,350 | $1,220 | +10.7% | $1,215–1,485 | – |
Small Area FMRs for the Hancock 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 Hancock County, IL, 2 bedrooms: $930.
What renters pay in 62316
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 |
|---|---|---|---|
| 62314 | Baylis | $960 | – |
| 62313 | Basco | $930 | – |
| 62319 | Camden | $930 | – |
| 62312 | Barry | $960 | $850 |
| 62320 | Camp Point | $960 | $816 |
| 62311 | Augusta | $960 | – |
Fair Market Rents across Hancock 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.