Rent by ZIP · Adams County
Rent in Lima, IL 62348
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (-9.8% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $700 | $770 | -9.1% | $630–770 | – |
| 1 bedroom | $770 | $850 | -9.4% | $693–847 | – |
| 2 bedrooms | $1,010 | $1,120 | -9.8% | $909–1,111 | – |
| 3 bedrooms | $1,260 | $1,400 | -10% | $1,134–1,386 | – |
| 4 bedrooms | $1,470 | $1,580 | -7% | $1,323–1,617 | – |
Small Area FMRs for the Adams 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 Adams County, IL, 2 bedrooms: $1,013.
What renters pay in 62348
Median gross rent–all sizes
Renter households1619% of occupied homes
No cash rent0households
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 62347 | Liberty | $1,030 | – |
| 62349 | Loraine | $960 | – |
| 62346 | La Prairie | $960 | – |
| 62345 | Kinderhook | $930 | $675 |
| 62351 | Mendon | $1,060 | $625 |
| 62344 | Huntsville | $930 | – |
Fair Market Rents across Adams 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.